RHB CAPITAL, RHB BALANCED AND RHB INCOME FUNDS DECLARE FINAL GROSS INCOME DISTRIBUTION OF 4 SEN, 6 SEN AND 6.5 SEN PER UNIT RESPECTIVELY FOR THE FINANCIAL YEAR ENDED 30 APRIL 2003

Kuala Lumpur, May 13, 2003- RHB Unit Trust Management Berhad today announced the declaration of a Gross Income Distribution of 4 sen per unit for its RHB Capital Fund for the financial year ended 30 April 2003.

Total distributable income for the financial year ended 30 April 2003 amounted to RM16.06 million, of which RM14.30 million has been allocated for distribution to unitholders registered as at 30 April 2003. The balance of the distributable income of RM1.76 million will be carried forward to the next financial year. The latest income distribution of 4 sen per unit brings the total income distributed to 44 sen per unit or 5.5 sen per unit per year.

The RHB Capital Fund was recently adjudged the best performing fund over three years in the Equity Growth Funds category at The Edge-Lipper Malaysia Unit Trust Fund Awards 2002. The RHB Capital Fund was launched in April 1996 and was the first in the industry to provide free term life insurance with total permanent disability coverage for its unitholders.

RHB Unit Trust Management Berhad also announced the declaration of Gross Income Distributions of 6 sen and 6.5 sen per unit for its RHB Balanced Fund and RHB Income Fund respectively for the financial year ended 30 April 2003. Since inception, the total gross income distribution declared by the funds are 14.25 sen and 14.5 sen per unit or 7.125 sen and 7.25 sen per unit per year.

The RHB Balanced Fund and RHB Income Fund are sub-funds under the RHB Spectrum Fund, which was launched on April 18, 2001.

For more information on RHB Unit Trust Funds, please contact us at toll free 1-800-88-3656 or visit our website at www.rhb.com.my.

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