RHB Investment Management Declares Income Distribution for Five of its Funds

Friday, 27 June 2008 - RHB Investment Management Sdn Bhd (RHBIM) declared income distribution for five of its 25 funds on June 20, 2008 with a gross distribution of 2.2 sen per unit (or 4.09% yield) for RHB Dividend Valued Equity Fund (DIVA), 3.75 sen per unit (or 4.03% yield) for RHB Income Fund, 2.14 sen per unit (or 2.01% yield) for RHB Islamic Bond Fund, 2.00 sen per unit (or 1.91% yield) for RHB Capital Fund and 3.87 sen per unit (or 4.00% yield) for RHB Balanced Fund.

DIVA Fund, recipient of the Star –Standard & Poor’s Malaysia Fund Awards in 2007, aims to provide total returns primarily through investment in equity and equity related securities of companies that offer attractive yields and sustainable dividend payments.

The objective of the RHB Income Fund is to provide investors with income distribution every six months and medium to long term capital growth.

As the sole Shariah-compliant Fund amongst the five, the RHB Islamic Bond Fund aims to provide regular income to investors. This will be done through investments in Islamic debt securities and bonds that are acceptable investment under the principles of Shariah.

RHB Capital Fund aims to achieve long term growth through capital appreciation with all income including profits on realization of investments being automatically reinvested for its compounding effect and lastly, the RHB Balanced Fund aims to provide investors with a balanced mix of income and potential growth through investments across various types of assets.

“We are pleased to declare these distributions to our investors during this period of weak market conditions. Our investors’ faith in us drives us to continuously meet their investment goals and we would like to take this opportunity to thank them for their support,” said Puan Sharifatul Hanizah Said Ali, Managing Director of RHBIM.

She also added that since the merger of RHB Asset Management and RHB Unit Trust to become RHB Investment Management in January this year, the merged entity has been working aggressively to meet the increasing demand of the investing public by offering a diverse range of products. The most recent fund that was launched is the RHB Savings Builder Fund this week and the RHB Commodities Capital Protected Fund in May with a few more funds in the pipeline for the rest of the year.

RHBIM is a wholly owned subsidiary of RHB Investment Bank Berhad. It currently housed 25 funds with approximately RM 4billion asset under management as at May 31, 2008.

Issued on behalf of RHB Investment Bank Berhad by Group Corporate Communications Division, RHB Capital Berhad. For more information, please call Eza Dzul Karnain at 012-3420060 or 03-92802552