ASN 2 INCOME DISTRIBUTION MAINTAINED AT 5.20 SEN PER UNIT
26 JUNE 2008

KUALA LUMPUR, June 26, 2008 :- Amanah Saham Nasional Berhad (ASNB), a wholly owned subsidiary of PNB, has announced an income distribution of 5.20 sen per unit for Amanah Saham Nasional 2 (ASN 2) for the financial year end June 30, 2008, equal to the rate announced last year.

The income distribution will involve a total payment of RM11.55 milion, and will benefit 11,230 unit holders which currently hold 220.74 milion units of the ASN 2.

Up until June 25, 2008, ASN 2 has recorded a gross income of RM23.05 milion. Of the amount, profit from the sale of shares contributed RM12.47 million or 54.10 percent, dividend income contributed RM7.87 million or 34.14 percent, and the remaining RM2.71 million or 11.76 percent is derived from other investment instruments.

The ASN 2 has outperformed the KLSE Composite Index, with the Net Asset Value (NAV) recorded an increase of 0.98 percent from RM1.0452 per unit on June 30, 2007 to RM1.0554 per unit on June 25, 2008.

Based on ASN 2 NAV as at June 25, 2008, the yield derived from the income distribution of 5.20 sen per unit is 5.18 percent.  

The calculation of income distribution calculation will be based on the balance of units held as at June 30, 2008. The income distribution will be reinvested in the form of new units of ASN 2 and will be automatically credited to the unit holders’ accounts on June 30, 2008.

All transactions for the ASN 2 at ASNB offices and agents will be suspended from today, June 26, 2008 until June 30, 2008 to facilitate the calculation of income distribution. Unit holders will be able to update their accounts at ASNB head office, ASNB branch offices or ASNB agents beginning  July 1, 2008.

ASN 2 is a variable priced unit trust fund opened to Bumiputra investors aged 18 years and above. Investors can also participate in the fund using the Employees Provident Fund (EPF) withdrawal scheme.

Unit holders of ASN 2 will receive their income distribution statement together with the annual report beginning mid August, 2008.