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5 May 2007

Baiduri Bank and Western Union® announced today the launch of the Education Grant program to provide support for migrant workers with school-going children back home. A total of ten education grants worth BND500 each will be given to the qualified migrant workers.

“Financial assistance is often required for many migrant workers who have children that might not be able to attend school or pursue higher education. Education grants figure prominently for migrant children to achieve high academic standards,” said Cedric Dias, Country Manager, Singapore and Brunei. “The overarching purpose for the education grant is to ensure that children of migrant workers have access to and benefit from the same public education, including public preschool education, provided to other children.”

Migrant workers applying for the grant did not need to make any money transfers at Western Union to qualify for the education grants. They are simply required to show their Western Union Gold Card SM, fill up an entry form and submit at Western Union agent locations in any Baiduri Bank branch. The application process begins on 7 May 2007 and ends on 7 June 2007. Short-listed candidates will be interviewed by a panel of judges which comprises representatives from Baiduri Bank. The ten final recipients will be determined based on criteria such as family income, number of children in their home country and expenses incurred for education each month and they will receive the grant on 2 July 2007.

Submission forms are available at all Baiduri Bank branches throughout Brunei. The Bank also offers greater convenience through its extended hours branches located at The Mall and SupaSave Gadong, which opens 7 days a week.

For more information on Western Union money transfer services, customers may visit any Baiduri Bank branches or call 2268300.

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