Public Mutual Declares Distributions For 5 Funds (31 December 2007)

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

Public Savings Fund - Gross distribution of 10.00 sen per unit
Public Focus Select Fund - Gross distribution of 7.50 sen per unit
PB Growth Fund - Gross distribution of 9.00 sen per unit
PB Balanced Fund - Gross distribution of 10.00 sen per unit
Public Islamic Enhanced Bond Fund - Gross distribution of 3.50 sen per unit

Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said Public Savings Fund, Public Focus Select Fund and PB Growth Fund have generated a one-year return of 35.24%, 32.87% and 56.10% respectively for the period ended 7 December 2007, according to The Edge-Lipper Fund Table dated 17 December 2007. These funds have generally outperformed the benchmark Kuala Lumpur Composite Index (KLCI), which registered a gain of 30.57% for the same period.

As for PB Balanced Fund, it has generated a one-year return of 33.70% for the period ended 7 December 2007. This fund has outperformed its benchmark of 19.44% for the same period.

Public Islamic Enhanced Bond Fund, on the other hand has also outperformed its benchmark 12-month General Investment Account-rates of 3.70%, with a one-year return of 5.02% for the same period.

Public Mutual is the largest private unit trust company in Malaysia and it currently manages 55 funds for more than 1,350,000 accountholders. As at 30 November 2007, the total net asset value of the funds managed by the company was RM27.4 billion.