0001193805-09-002215 Sample Contracts

AMENDMENT NO. 1 TO DEPOSIT AGREEMENT
Deposit Agreement • November 12th, 2009 • JPMorgan Chase Bank, N.A. - ADR Depositary • New York

AMENDMENT NO. 1 dated as of November , 2009 (the "Amendment") to the Deposit Agreement dated as of September 20, 1999 (the "Deposit Agreement"), among DBS Group Holdings Ltd., incorporated under the laws of Singapore (the "Company"), JPMorgan Chase Bank, N.A. (fka Morgan Guaranty Trust Company of New York), as depositary (the "Depositary"), and all holders from time to time of American Depositary Receipts ("ADRs") issued thereunder.

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