TIB CORPORATE FINANCE LIMITED NAME CHANGE TO TIB CORPORATE BANK LIMITED

Dar es Salaam- 8th September, 2015

TIB Corporate Finance Limited would like to inform the general public of its change of name to TIB Corporate Bank Limited.

‘The inclusion of the word “bank” in our name re�ects the objective of the bank in o�ering a full range of products and services in the commercial banking space compared to the word “�nance”’ said the bank’s Managing Director, Frank Nyabundege. ‘Following the issuance of our license by the Bank of Tanzania (BOT) on 24th June, 2015, the bank is not only well positioned to carry out its operations but will also e�ectively, brand, market and roll out its business development strategies.’ Background on TIB Corporate Finance Limited (TIB Corporate Bank Limited)

TIB Corporate Finance Limited is a Commercial Bank subsidiary of TIB Development Bank Limited. It was formed from the hived-o� commercial banking activities following the restructured Tanzania Investment Bank Limited. The Corporate Bank is fully �edged to operate as a commercial bank, with powers to receive and accept deposits, make collections, invest, lend money and conduct any other related commercial banking services required for its primary corporate clientele and general public.

PRESS RELEASE

7thFloor, Samora Tower, Corner of Samora Avenue/ Bridge Street, P. O. Box 9102, Dar es Salaam, TanzaniaG.L: +255 2202111708/ 2162444 F: +255 22 2115909 W: www.tib.co.tz

All correspondence should be addressed to the Managing Director