Preference Shares & Bonds

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Preference Shares and Bonds
Level	Currency	Name
Tier 1	SGD	OCBC Class E 4.5% Non-Convertible Non-Cumulative Preference Shares
Tier 1	SGD	OCBC Class G 4.2% Non-Convertible Non-Cumulative Preference Shares
Tier 1	SGD	3.93% Non-Cumulative Non-Convertible Guaranteed OCBC OCC-A Preference Shares
Upper Tier 2	USD	US$1,250,000,000 7.75% Subordinated Notes due 2011
Upper Tier 2	€	€400,000 000 7.25% Subordinated Notes due 2011
Upper Tier 2	SGD	S$1,000,000,000 5.00% Subordinated Notes due 2011
Unsecured Senior Debt	USD	US$500,000,000 Floating Rate Notes due 2007

OCBC Class E 4.5% Non-Convertible Non-Cumulative Preference Shares
Level (Currency)	Shares Issued	Issue Price	Issue Date	Listing Date (SGX)	Liquidation Preference
Tier 1 (SGD)	5,000,000	S$100 each	28 January 2003	31 July 2003	S$100
Maturity	Dividend	Payment Dates	Credit Ratings
Perpetual	4.5% p.a. (net)	20 June & 20 December	Moody's A2	Fitch A+	S&P A-

OCBC Class G 4.2% Non-Convertible Non-Cumulative Preference Shares
Level (Currency)	Shares Issued	Issue Price	Issue Date	Listing Date (SGX)	Liquidation Preference
Tier 1 (SGD)	245,830,884*	S$0.995	14 July 2003	21 July 2003	S$1.00
Tier 1 (SGD)	150,000,000**	S$1.0027	6 August 2003	7 August 2003	S$1.00
Maturity	Dividend	Payment Dates	Credit Ratings
Perpetual	4.2% p.a. (net)	20 June & 20 December	Moody's A2	Fitch A+	S&P A-

* Issued to OCBC stockholders who opted to receive these preference shares in lieu of a special cash dividend
** Issued by way of private placement

3.93% Non-Cumulative Non-Convertible Guaranteed OCBC OCC-A Preference Shares
Level (Currency)	Number of Shares Issued	Issue Price	Issue Date	Listing Date (SGX)	Liquidation Preference
Tier 1 (SGD)	4,000,000	S$100	2 February 2005	3 February 2005	S$100
Dividend			Payment Dates
On/ Before 20 March 2015: 3.93% p.a. Thereafter: 3-Month Singapore Swap Offer Rate plus 1.85%			On/Before 20 March 2015: 20 March & 20 September Thereafter: 20 March , 20 June, 20 September & 20 December
Issuer	Guarantor	Maturity	Credit Ratings
OCBC Capital Corporation#	OCBC Bank	Perpetual	Moody's A2	Fitch A+	S&P A-

# Wholly-owned subsidiary of OCBC Bank

US$500,000,000 Floating Rate Notes Due 2007
Level (Currency)	Amount Issued	Issue Price	Coupon	Coupon Dates	Issue Date
Unsecured Senior Debt (USD)	US$500 million	US$99.925	3-month LIBOR+0.10%	18 March, 18 June, 18 September & 18 December	18 June 2004
Maturity Date	In Issue	Cancelled	Credit Ratings
18 June 2007	50,000	-	Moody's Aa3	Fitch AA-	S&P A+

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