Preference Shares & Bonds

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Preference Shares and Bonds
Level	Currency	Name
Tier 1	SGD	OCC 5.1% Non-Convertible Non-Cumulative Guaranteed Preference Shares
Tier 1	SGD	OCBC Class B 5.1% Non-Convertible Non-Cumulative Preference Shares
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	OCC 3.93% Non-Convertible Non-Cumulative Guaranteed Preference Shares
Upper Tier 2	USD	OCBC 7.75% Subordinated Notes due 2011
Upper Tier 2	€	OCBC 7.25% Subordinated Notes due 2011
Upper Tier 2	SGD	OCBC 5.00% Subordinated Notes due 2011
Lower Tier 2	SGD	OCBC 3.78% Subordinated Notes due 2017 Callable with Step-up in 2012
Lower Tier 2	RM	OCBC 4.60% Subordinated Notes due 2018 Callable with Step-up in 2013
Lower Tier 2	SGD	OCBC 5.60% Subordinated Notes due 2019 Callable with Step-up in 2014
Lower Tier 2	USD	OCBC 4.25% Subordinated Notes due 2019 Callable with Step-up in 2014

OCC 5.1% Non-Convertible Non-Cumulative Guaranteed Preference Shares
Level (Currency)	Number of Shares Issued	Issue Price	Issue Date	Listing Date (SGX)	Liquidation Preference
Tier 1 (SGD)	15,000,000	S$100	27 August 2008	28 August 2008	S$100
Dividend			Payment Dates
Before 20 September 2018: 5.1% p.a. Thereafter: 3-Month Singapore Swap Offer Rate plus 2.5%			On/Before 20 September 2018: 20 March & 20 September Thereafter: 20 March , 20 June, 20 September & 20 December
Issuer	Guarantor	Maturity	Credit Ratings
OCBC Capital Corporation (2008)#	OCBC Bank	Perpetual	Moody's A3	Fitch A	S&P A-

Redemption

OCBC Bank may, at its option, redeem in whole, but not in part, the Preference Shares on:

# Wholly-owned subsidiary of OCBC Bank

OCBC Class B 5.1% Non-Convertible Non-Cumulative Preference Shares
Level (Currency)	Shares Issued	Issue Price	Issue Date	Listing Date (SGX)	Liquidation Preference
Tier 1 (SGD)	10,000,000	S$100 each	29 July 2008	30 July 2008	S$100
Maturity	Dividend	Payment Dates	Credit Ratings
Perpetual	5.1% p.a. (net)	20 June & 20 December	Moody's A3	Fitch A	S&P A-
Redemption
OCBC Bank may, at its option, redeem in whole, but not in part, the Preference Shares on: 29 July 2013 On each dividend date after 29 July 2013

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 A3	Fitch A	S&P A-
Redemption
OCBC Bank may, at its option, redeem in whole, but not in part, the Preference Shares on: 28 January 2008 28 January 2013 On each dividend date after 28 January 2013

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 A3	Fitch A	S&P A-

Redemption

OCBC Bank may, at its option, redeem in whole, but not in part, the Preference Shares on:

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

OCC 3.93% Non-Convertible Non-Cumulative Guaranteed 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
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 A3	Fitch A	S&P A-

Redemption

OCBC Bank may, at its option, redeem in whole, but not in part, the Preference Shares on:

# Wholly-owned subsidiary of OCBC Bank

OCBC 3.78% Subordinated Notes due 2017 Callable with Step-up in 2012
Level (Currency)	Amount Issued	Issue Price	Issue Date	Maturity Date
Lower Tier 2 (SGD)	S$225 million	100%	28 November 2007	28 November 2017
Interest	Payment Date	Credit Ratings
Before 28 November 2012: 3.78% Thereafter: 3-Month Singapore Swap Offer Rate plus 1.72%	28 May & 28 November	Moody's Aa2	Fitch A+	S&P A

OCBC 5.60% Subordinated Notes due 2019 Callable with Step-up in 2014
Level (Currency)	Amount Issued	Issue Price	Issue Date	Maturity Date
Lower Tier 2 (SGD)	S$712 million	100%	27 March 2009	27 March 2019
Interest	Payment Date	Credit Ratings
Before 27 March 2014: 5.6% p.a. Thereafter: 7.35% p.a.	27 March & 27 September	Moody's Aa2	Fitch A+	S&P A

OCBC 4.60% Subordinated Notes due 2018 Callable with Step-up in 2013
Level (Currency)	Amount Issued	Issue Price	Issue Date	Maturity Date
Lower Tier 2 (RM)	RM 1 billion	100%	27 March 2008	27 March 2018
Interest	Payment Date	Credit Ratings
Before 27 March 2013: 4.6% p.a. Thereafter: 5.6% p.a.	27 March & 27 September	Moody's Aa2	Fitch A+	S&P A	MARC AAA

OCBC 4.60% Subordinated Notes due 2018 Callable with Step-up in 2013
Level (Currency)	Amount Issued	Issue Price	Issue Date	Maturity Date
Lower Tier 2 (RM)	RM600 million	100%	6 June 2008	6 June 2018
Interest	Payment Date	Credit Ratings
Before 6 June 2013: 4.6% p.a. Thereafter: 5.6% p.a.	6 June & 6 December	Moody's Aa2	Fitch A+	S&P A	MARC AAA

OCBC 4.25% Subordinated Notes due 2019 Callable with Step-up in 2014
Level (Currency)	Amount Issued	Issue Price	Issue Date	Maturity Date
Lower Tier 2 (USD)	US$500 million	99.889%	18 November 2009	18 November 2019
Interest	Payment Date	Credit Ratings
Before 18 November 2014: 4.25% p.a. Thereafter: fixed rate equal to the relevant 5-year US Treasury benchmark rate plus 2.997%	18 May & 18 November	Moody's Aa2	Fitch A+	S&P A

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