Date: Monday, 2 July 2007

Avenue Invest Berhad (“AvIB”), a member of the ECM Libra Avenue Group, has declared income distributions for three (3) of its funds. The three funds are Avenue IncomeEXTRA Fund (“AIEF”), Avenue BondEXTRA Fund (“ABEF”) and Avenue MoneyEXTRA Fund (“AMEF”).

AvIB has declared a gross interim distribution of 1.18 sen per unit and 1.37 sen per unit for AIEF and ABEF, respectively. A total distribution of RM14.68 million of which RM9.26 million and RM5.42 million will be reinvested back into AIEF and ABEF, respectively at the net asset value per unit on 29 June 2007, the ex-distribution date, which excludes entry fee.

AIEF is designed to meet the needs of conservative investors who are seeking for returns over the short to medium term, and are at the same time looking for some balance and diversification in their portfolio. AIEF aims to seek higher returns than traditional bank deposits and it is benchmarked against 6-months fixed deposit rate. ABEF, on the other hand, is specifically designed for long-term investors who are seeking to invest in high yield fixed income securities with an acceptable high level of risk. The Fund is benchmarked against 12-months fixed deposit rate.

Investors of AMEF will receive a gross income distribution of 0.36 sen per unit for the second quarter of this year. A total distribution for the quarter of RM201,912 will be reinvested back into AMEF, at the net asset value per unit on the ex-distribution date, 29 June 2007, which excludes entry fee.

AMEF is a relatively short-term cash management fund, which is designed specifically for corporate investors. The Fund invests in short-term money market instruments and it is benchmarked against repo rates.

About AvIB

AvIB is one of Malaysia’s growing licensed fund management companies. It is principally involved in managing private and public funds; and distributing a range of unit trust funds for both institutional and retail investors. AvIB was established in 1996 and its current fund size stands at RM2.4 billion. It is also an appointed fund management institution for the EPF Members' Investment Scheme. As at 2 July 2007, AvIB manages ten (10) unit trust funds.