ABBANK Corporate Disclosure — 24 April 2014

The Company has informed that the shareholders of the Company in its EGM held on April 21, 2014 have approved the following: "Resolved that approval is hereby given by the Shareholders to increase Tire II capital of the Bank through Issuance of fully redeemable Non-Convertible 7 years variable rated (11%-13%) Subordinated Bonds up to BDT 250 Crore where the interest will be payable semiannually in arrears through Private Placement wherein the Lead Arranger and Trustee would be two different Institutions as approved by the Board of Directors of the Bank and subject to obtaining approval from the concerned Regulatory Authorities."