Dear Valued Customer,

Thank you for your kind support in utilizing our Australian Dollar financing facilities.

In 2010, we had seen the financing cost of Australian dollar increased a number of times due to interest rate increments announced by the Australian Central Bank. Throughout this period, OCBC Securities had been absorbing the increase in cost due to interest rate increments to prevent impacting our clients. However we regret to inform you that we are no longer able to absorb this increment in cost.

Please kindly note that with effect from 1st of February 2011, the share financing interest rate for Australian Dollar would be adjusted to 8.5%.

We thank you for your kind understanding. In the meantime, should you require further clarification or assistance, please contact your Trading Representative or our Customer Service Officers at 1800 338 8688.

Last Updated on 28 January 2011