MEPS NAMES NEW CHAIRMAN

Dato’ Sri Abdul Wahid is MEPS new Chairman of the Board of Directors

Kuala Lumpur, June 18, 2009 – Malaysia’s premier payment network switch provider, Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS), today announced the appointment of its new Chaiman, Dato’ Sri Abdul Wahid bin Omar effective June 12, 2009.

Dato’ Sri Abdul Wahid is Maybank’s Group President & Chief Executive Officer and also the Chairman of the Association of Banks in Malaysia.

“MEPS is well poised to lead Malaysia’s financial industry, as well as the region, in electronic payment services. It is our intent to champion more efforts in promoting higher adoption of e-payments,” said Dato’ Sri Abdul Wahid. “In addition, MEPS will continue to expand its services in the domestic market, as well other Asian and Gulf Cooperation Council countries.”

Dato’ Sri Abdul Wahid succeeds Michael J Barrett, Group Managing Director of RHB Capital Berhad.