Recommendation of A First And Final Dividend To the Shareholders Of the Company For The Financial Year Ended 31 December 2007

The Board of Directors of Malaysia Building Society Berhad ("the Company") is pleased to recommend a first and final dividend of 4% less 26% income tax (2.96 sen per share) amounting to approximately RM10.689 million for the financial year ended 31 December 2007, for the approval of the Company's shareholders at the forthcoming Annual General Meeting. This is computed based on the issued and paid-up share capital of 361,102,727 ordinary shares of RM1.00 each as at 31 December 2007.

The entitlement and the payment dates in respect of this proposed dividend will be announced at a later date.

This announcement is dated 28 February 2008.