Please be advised of the following Corporate Action:

Issuer: MCB Bank Ltd 144 A / CUSIP 579233107 / ISIN US5792331077
MCB Bank Ltd Reg S / CUSIP 579233206 / ISIN US5792332067
Country: Pakistan
Event: Ratio Change / Forward Split– resulting in a 100% distribution
Current Ratio: 4 Ordinary Shares : 1 GDR
New Ratio: 2 Ordinary Share : 1GDR

Record date: March 3, 2008
Effective date: April 10, 2008

Please be advised MCB Bank Ltd (“the Company”) has instructed Deutsche Bank Trust Company Americas to change the ratio from the current 4 ORDs : 1 GDR to 2 ORDs : 1 GDR. The change in the ratio would take effect with the open of business April 10, 2008. As a result there will be a distribution of 1 additional GDR for every 1 held as of record date.

**An issuance fee of $0.05 per new GDR will be assessed.

For Further Information, contact:

Duewa Brooks
Associate
Global Equity Services / Depositary Receipts
Tel: 212 250-1305
Fax: 212 797 0327
E-mail: duewa.t.brooks@db.com