27th July, 2007: MCB Bank is pleased to confirm that the Bank’s GDR program, listed on the London Stock Exchange, is now fully fungible. The Bank has obtained all required regulatory approvals for Two Way Fungibility. Two way convertibility of GDRs would be limited to the number of GDRs issued at the time of issuance, i.e. 8,622,100 GDRs, subject to availability of headroom and adjusted for subsequent corporate actions i.e bonus shares, right issues and stock splits.