billion Loans grew 50 over four years billion

5 We broke records in several areas Net interest income 3.591 billion December 2002

58.1 billion Loans grew 50 over four years

December 2006

86.6 billion

Customer loans 86.6 billion 4-Year CAGR: 10.5 6 We broke records in several areas Net interest income 3.591 billion Customer loans 86.6 billion Net interest margin 2.20 Surpassed previous high of 2.10 in 2002 7 We broke records in several areas Net interest income 3.591 billion Customer loans 86.6 billion Net interest margin 2.20 1998 274 million More than four times amount earned in 1998 2006 1,155 million Fee income 1.155 billion 8-Year CAGR: 20 8 Dividend policy: paying progressively rising, sustainable dividends ƒ Fourth-quarter and final dividend of 20 cents per share ƒ Total dividends declared for Full-Year 2006 of 71 cents per share, 22 higher than 58 cents paid for Full-Year 2005 ƒ In addition, special dividend of 5 cents per share 9 ƒ Extend, deepen customer franchise in Singapore, Hong Kong and throughout Asia ƒ Broad-based, disciplined results encouraging sign of DBS’ competitiveness in the region ƒ Set new records in net interest income, net interest margins, fee income ƒ Highest group net profit in DBS’ 38-year history Strong results brought better returns to shareholders; point to sustainable growth as an Asia-banking specialist Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to parties outside the presentation. DBS Bank accepts no liability whatsoever with respect to the use of this document or its contents. Franchise delivering higher returns DBS Group Holdings 4Q 2006, full year 2006 financial results February 15, 2007 11 Franchise delivering higher returns T Operating trends sustained T Improved performance in Hong Kong T Balance sheet remains strong 12 4Q profit before allowances up 37 on year and 5 on quarter Sm 4Q 2006 YoY QoQ 17 26 100 88 49 26 10 18 14 37 98 45 2 4 62 100 15 6 3 20 7 5 98 1 Net interest income Fee income Trading income Other income Non-interest income Income Staff expenses Other expenses Expenses Profit before allowances Allowances for credit other losses Net profit 932 304 29 135 468 1,400 306 321 627 773 1 556 Excluding one-time gains 13 Full-year net profit up 32 Sm 2006 YoY 22 17 59 33 26 23 18 16 17 29 33 32 Net interest income Fee income Trading income Other income Non-interest income Income Staff expenses Other expenses Expenses Profit before allowances Allowances for credit other losses Net profit 3,591 1,155 330 268 1,753 5,344 1,244 1,125 2,369 2,975 135 2,175 Excluding one-time gains 14 Key ratios improve on year Net interest margin Fee income total income Non-interest total income Costincome ratio ROE Loansdeposit NPL ratio Excluding one-time gains

2.18 22