Attention

This is an unofficial translation of a press release announced on January 4, 2017 by Daiwa Securities Group Inc. The original press release is in Japanese.

Press Release

January 4, 2017 Daiwa Securities Group Inc.

Regarding Acquisition of Minority Stake in Affin Hwang Investment Bank Berhad

We wish to announce that Daiwa Securities Group Inc. ("DSGI") has decided not to proceed with the proposed acquisition of a minority stake in Affin Hwang Investment Bank Berhad ("AHIB"), a subsidiary of Affin Holdings Berhad, by Daiwa International Holdings Inc, a wholly-owned subsidiary of DSGI ("Proposal") after due consideration of the letter dated 24 October 2016 from Bank Negara Malaysia ("BNM") in which BNM granted its conditional approval for the Proposal.

We had first established our relationship with AHIB in December 2013 when both parties entered into a business alliance and we will continue the relationship to offer more comprehensive products and solutions to our clients.

End

Daiwa Securities Group Inc. published this content on 04 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 January 2017 09:37:03 UTC.

Original documenthttp://www.daiwa-grp.jp/data/attach/2041_02_en20170104b.pdf

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