Oversea Chinese Banking : OCBC Group's Shareholdings in United Engineers Limited and WBL Corporation Limited

OVERSEA-CHINESE BANKING CORPORATION LIMITED	GREAT EASTERN HOLDINGS LIMITED
(Incorporated in Singapore) (Company Registration No. 193200032W)	(Incorporated in Singapore) (Company Registration No. 199903008M)

JOINT ANNOUNCEMENT: OCBC GROUP'S SHAREHOLDINGS IN UNITED ENGINEERS LIMITED AND WBL CORPORATION LIMITED

Oversea-Chinese Banking Corporation Limited ("OCBC Bank") and Great Eastern Holdings Limited ("GEH") refer to their joint announcements dated 26 September 2016 and 5 January 2017 (the "Joint Announcements") in relation to their combined stakes in United Engineers Limited ("UEL") and WBL Corporation Limited ("WBL").

OCBC Bank and GEH wish to announce that as part of the strategic review referred to in the Joint Announcements, they have received non-binding expressions of interests over their combined stakes in UEL and WBL. OCBC Bank and GEH are evaluating these expressions of interests and there is no certainty that any transaction will materialise or that any agreement will be entered into.

Shareholders are advised to exercise caution when dealing in the shares of OCBC Bank or GEH and to refrain from taking any action in respect of their investments which may be prejudicial to their interests. In the event that shareholders wish to deal in the shares of OCBC Bank or GEH, they should seek their own professional advice and consult with their own stockbrokers.

OCBC Bank and GEH will, in compliance with applicable rules (including the Corporate Disclosure Policy of the Listing Manual of the Singapore Exchange Securities Trading Limited), make further announcements as appropriate.

Issued by OVERSEA-CHINESE BANKING CORPORATION LIMITED	Issued by GREAT EASTERN HOLDINGS LIMITED
10 February 2017	10 February 2017