PRESS RELEASE

Banco Terra opens Malema Branch

Banco Terra today announced that is has received all regulatory clearances to open a new branch in
Malema. According to Maarten Susan (CEO) this is a significant move towards the realization of the
bank’s outreach to rural areas.

He commented as follows: “Malema is a district capital, located 250 km west of Nampula. In earlier
times this used to be a flourishing agricultural region, but the area has been in decline for decades, with
the last bank leaving over 20 years ago. With the return of Banco Terra, we offer people a safe place to
put their money, the opportunity to earn interest on deposits, and we shall introduce the Agri-finance
schemes we are at present rolling out elsewhere”.

He went on to thank all parties involved for the support that they have given to the project and
expressed his expectation that the success of this branch would lead to the opening of further rural
branches.

Maputo, March 26th, 2009

FOR ADDITIONAL INFORMATION CONTACT:

Maarten Susan: Mobile: +258 82 303 0704 or +258 21 359 901, Email: msusan@bancoterra.co.mz
Rien van Eck: Mobile: +258 82 304 0168 or +258 21 359 900, Email: reck@bancoterra.co.mz

www.bancoterra.co.mz

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