S$250 million Multicurrency Medium Term Note Programme ("MTN Programme")

• Under the MTN Programme, IFS will issue Notes denominated in Singapore dollars and/or any other currencies through one or more dealers.
• The maximum aggregate principal amount of the Notes outstanding at any time, shall be S$250 million (or its equivalent in other currencies) or such other higher amount as notified by IFS in accordance with the Programme Agreement. Each note will bear a denomination amount of S$250,000.
• The net proceeds arising from the issuance of these Notes are to refinance existing borrowings, financing the investment and working capital of the IFS Group.
• Notes may bear interest at fixed, floating, variable or hybrid rates or may not bear interest.
• The Notes and Coupon of all Series will constitute direct, unconditional, unsubordinated, unsecured obligations of IFS and shall at all times, rank pari passu with all other present and future unsecured obligations (other than subordinated obligations and priorities created by law) of IFS.

S$250,000,000 Multicurrency Medium Term Note Programme

Details of Notes

Dealers ("MTN Programme")

• Australia and New Zealand Banking Group Limited
• Citicorp Investment Bank (Singapore) Limited
• Crédit Agricole Corporate & Investment Bank
• Oversea - Chinese Banking Corporation Limited
• Phillip Securities Pte Ltd
• Standard Chartered Bank