Date: Tuesday, 1 December 2009

Avenue Invest Berhad (“AvIB”), a member of the ECM Libra Group, has expanded its Islamic investment offerings with the launch of the Avenue Dana Safa Fund ("ADS") today. ADS is an open-ended wholesale fund and aims to provide a regular income stream by investing primarily in short term, highly liquid, near cash, Islamic money market instruments that conform to Shariah principles. The Fund also seeks to outperform the one-month Shariah-based deposits. The Fund is an ideal investment vehicle for investors who desire regular income, have low risk tolerance and a short term investment timeframe.

As a wholesale fund, ADS is open to Qualified Investors, namely individuals with total net personal assets exceeding RM3 million or its equivalent in foreign currencies; or corporations with total net assets exceeding RM10 million or its equivalent in foreign currencies. The Fund with an approved fund size of 500 million units, will be sold at an Offer Price of RM0.50 per unit and the minimum initial investment amount is RM500,000. The Fund is benchmarked against Maybank’s one month General Investment Account (GIA) Tier 1 rate.