Pursuant to Chaper 9, Part J, Paragraph 9.19(46) and Part H of Appendix 9A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of TCB ("Board") wishes to announce that the Board had approved the incorporation of the revaluation deficit, net of deferred tax, of approximately RM0.50 million in the consolidated financial statements of TCB for the financial year ended 31 December 2016.

Further details of the revaluation are set out in the attachment below.

This announcement is dated 27 February 2017.