PRESS RELEASE IMMEDIATE RELEASE

Kuala Lumpur, 26 January 2012- A.M. Best Co., had on 26 January 2012, reaffirmed the Financial Strength Rating of "A-" (Excellent) and an Issuer Credit Rating of "a-" to Malaysian Reinsurance Berhad or Malaysian Re. A.M. Best also confirmed the outlook for both ratings as Stable.

A copy of the press release issued by A.M. Best dated 26 January 2012 is attached.

Malaysian Re is Malaysia's leading reinsurance company and is a wholly-owned subsidiary of MNRB Holdings Berhad or MNRB. Malaysian Re was first rated by A.M. Best in 2006.

A.M. Best Company, founded in 1899, is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.

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e-mail to azie@mnrb.com.my

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