RASHID HUSSAIN SECURITIES VOTED BEST LOCAL BROKER IN MALAYSIA

2 August 2002, Kuala Lumpur, Malaysia-Rashid Hussain Securities Sdn Bhd ("Rashid Hussain Securities") has been voted Best Local Broker for Malaysia by FinanceAsia magazine in its Country Awards 2002 recently.

Announcing the results, FinanceAsia attributed Rashid Hussain Securities' award winning success to "its long and successful pedigree and thanks to the quality of its research, it has been the most successful local house at winning the business of foreign fund managers."

This is the eighth FinanceAsia award for Rashid Hussain Securities since 1995 when it first won FinanceAsia's Best Domestic Brokerage House Award and then consistently for the years 1997, 1998 and 1999.

RHB Executive Chairman Tan Sri Dato' Abdul Rashid Hussain said today, "We are delighted with this new win and would like to thank our customers, the investment analysts and fund managers for their continued support and trust in Rashid Hussain Securities. As a research and securities house, our focus has always been on delivering consistent quality research and sales service to our customers and for this, I would like to thank our team of professionals, economists and industry analysts, some of whom have been rated among the best in their respective sectors over the years."

The RHB Group maintains Malaysia"s largest securities house, Rashid Hussain Securities. Aside from garnering the honour of being the first brokerage firm to be listed in the country through Rashid Hussain Securities is also an award winning industry leader.

Other subsidiaries in the group, RHB Futures and RHB Research Institute, are consistent market leaders in their respective fields.

With a worldwide readership of 57,000 FinanceAsia is one of the region's leading monthly publications dedicated to providing in-depth analyses and coverage of the Asian capital markets. It is published by FinanceAsia Publishing Limited, which also produces Private Capital, a magazine for high net worth individuals in Asia, Pension Asia, a magazine of Asian investment management and hosts highly regarded Conferences every year.

Issued by RHB Public Affairs & Communications. For further information, please contact Celina May Ong at Tel:03-92802535.