Macao SAR Government returns management to BDA

The statutory mandate of the Administrative Committee appointed by the MSAR government on account of the special intervention measures imposed on Banco Delta Asia, S.A.R.L. (the Bank) expires on 28 September 2007. In view of the remarkable improvement made in the Bank’s management by the joint efforts of the Administrative Committee and the relevant parties concerned during the period of intervention and the persistent requests of Mr. Stanley Au, the original shareholder, for resumption of management control over the Bank, the MSAR government has decided to allow the special intervention measures to lapse and to return the management control of the Bank to its original shareholder, effective from 29 September 2007. The Monetary Authority will, as usual, perform the necessary supervisory duties to safeguard the interests of depositors and to maintain the stability of the financial system of MSAR.