DBS Asset Management (DBSAM) has been providing sound investment management solutions to clients. Today, we are one of the largest and most experienced asset management companies in Singapore and South East Asia. DBSAM and its associated companies manage about S$23.5 billion* in assets for retail, private and institutional investors.

We pride ourselves on our commitment to investment management and client servicing excellence, as evidenced by our strong customer loyalty. More than two-thirds of our clients have maintained their accounts with us for over five years, while one-third have maintained their relationship with us for over 10 years.

Our full range of investment management solutions covers the entire risk spectrum of all asset classes, with core competency in global fixed income, Asian equities and absolute return strategies. We also provide a comprehensive range of global investment solutions through strategic alliances with some of the best fund managers around the world.

Public recognition of our efforts to meet, and indeed exceed, our customers' expectations has come in the form of numerous awards from well-known organisations. Not one to rest on our laurels, we believe that with the financial backing of our parent DBS Bank, South East Asia's largest banking group, we are well positioned to meet the changing needs of the marketplace.

* Nominal assets under management (AUM) as at 31 July 2007 include AUM from DBSAM, Hwang-DBS Investment Management Berhad in Malaysia, and Changsheng Fund Management Company Limited (CSFMC) in the People's Republic of China. DBSAM acquired a 33% stake in CSFMC on 6 July 2007.