Public Mutual Declares Distributions Of Up To 10 sen per unit For Its Funds (31 October 2007)

Public Bank’s wholly-owned subsidiary, Public Mutual declares gross distributions for four of its funds. The gross distributions declared are for financial year ended 31 October 2007:

Public Equity Fund - Gross distribution of 6.00 sen per unit
Public Industry Fund - Gross distribution of 10.00 sen per unit
Public Asia Ittikal Fund - Gross distribution of 2.00 sen per unit
Public Islamic Bond Fund - Gross distribution of 4.00 sen per unit

Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said Public Equity Fund and Public Industry Fund have delivered an impressive one-year return of 48.58% and 55.52% respectively for the period ended 12 October 2007 on the back of the strong performance of the local market over the same period, according to The Edge-Lipper Fund Table dated 22 October 2007.

As for Public Asia Ittikal Fund, it has generated a one-year return of 39.56% for the period ended 12 October 2007.

Public Islamic Bond Fund, on the other hand, has generated a one-year return of 4.93% for the period ended 12 October 2007, according to the same The Edge-Lipper Fund Table. The fund has outperformed its benchmark of 3.69% for the same period.

Public Mutual is the largest private unit trust company in Malaysia and it currently manages 51 funds for more than 1,350,000 accountholders. As at 22 October 2007, the total net asset value of the funds managed by the company was RM25.6 billion.