Depicts a portrait of Elson Bakili Muluzi facing right, country name above.

Elson Bakili Muluzi (born 17 March 1943) is a Malawian politician who served as President of Malawi from 1994 to 2004. He was chairman of the United Democratic Front (UDF) until 2009 and succeeded Hastings Kamuzu Banda as president. Before his presidency, Muluzi was a minister without portfolio in Banda's cabinet until retiring in 1980. He had also been minister and secretary general of the Malawi Congress Party but was dismissed for misusing party funds.

Depicts a bundle of corn ears, date right, and denomination below.

Engraver: Paul Vincze