RHB ISLAMIC BOND FUND DECLARES 3.0 SEN PER UNIT INTERIM INCOME DISTRIBUTION FOR SIX MONTHS FINANCIAL PERIOD ENDED 31 MARCH 2002

3 April 2002, Kuala Lumpur, Malaysia-RHB Unit Trust Management Berhad ("RHB Unit Trust") announced today the declaration of a 3.0 Sen per unit Gross Income Distribution for the RHB Islamic Bond Fund for the six months period ended 31 March 2002. The Gross Distributable Income of 3.0 Sen per unit is the interim income distribution.

Investors who are registered unitholders as at 31 March 2002 will be entitled to the above income distribution to be paid on 30 April 2002. The financial year of the RHB Islamic Bond Fund ends on 30 September 2002.

For the previous corresponding period ended 31 March 2001, the RHB Islamic Bond Fund had also made a 3 Sen per unit Gross Income Distribution and a further 4.0 Sen per unit Gross Income Distribution at the end of the last financial year on 30 September 2001. The RHB Islamic Bond Fund provided one year total returns of 6.34% up to 22 March 2002 as evaluated by Lipper Asia Limited compared to an average annual dividend of 3.5% offered by Islamic Banks.

The RHB Islamic Bond Fund is the first of its nature in the country incorporating the concept of Islamic Debt Issues such as Mudharabah and Al-Bai-Bithamin-Ajil which represent some 90% of issued private debt securities and bonds under the principles of Syariah.

For more information on the RHB Islamic Bond Fund, Please contact RHB Unit Trust Management Berhad at 03-92862666 or it""s Customer Care Hotline No : 1-800-88-3656.