RHB MUDHARABAH FUND DECLARES AN INTERIM 4.0 SEN PER UNIT INCOME DISTRIBUTION FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 AUGUST 2002

3 September 2002, Kuala Lumpur, Malaysia-RHB Unit Trust Management Berhad announced today the declaration of a 4 Sen per unit Gross Interim Income Distribution in respect of the RHB Mudharabah Fund (Fund) for the six (6) months financial period ended 31 August 2002.

Investment income from March to August 2002 amounted to RM9.17 million including profits earned from sale of shares amounting to RM4.20 million. Total income available for distribution as at 31 August 2002 amounted to RM15.21 million comprising the current period's investment income and an amount of RM6.04 million carried forward from the last financial year ended 28 February 2002. Of the total amount available, RM13.26 million has been allocated for the distribution of 4 sen per unit Gross Interim Income Distribution to unitholders registered as at 31 August 2002. The balance of the distributable income of RM1.95 million will be carried forward to the end of the financial year on 28 February 2003.

The Net Asset Value (NAV) per unit of the Fund as at 30 August 2002 was 6.06% higher at RM0.6882 compared to the NAV of RM0.6489 as at 31 August 2001. The Fund out performed the KLSE Syariah Index which rose 0.41% over the same period.

The RHB Mudharabah Fund was the first Islamic unit trust Fund launched by RHB Unit Trust Management Berhad. The Fund's activities are conducted strictly in accordance with Syariah principles and are monitored by the Fund's Syariah Panel.

For more information on the RHB Mudharabah Fund, please contact RHB Unit Trust at toll free 1-800-88-3656 or RHB PhoneBanking at 03-92068118 or visit the RHB website at www.rhb.com.my.

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