5.50 SEN PER UNIT FOR ASN 2 INCOME DISTRIBUTION
27 June 2011

KUALA LUMPUR - Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB) has announced an income distribution of 5.50 sen per unit for Amanah Saham Nasional 2 (ASN 2) for the financial year ended 30 June 2011.

This is an increase of 0.3 sen per unit compared with the income distribution of 5.20 sen per unit last year. Based on the net asset value (NAV) growth of ASN 2 from RM1.0267 per unit on 30 June 2010 to RM1.2246 per unit on 23 June 2011, the total returns recorded for the fund is 19.27%.

PNB Chairman, Tun Ahmad Sarji Abdul Hamid said the income distribution will involve a total payment of RM10.8 million and would benefit a total of 8,832 unit holders who collectively owned 196 million units of ASN 2.

Tun Ahmad Sarji said the fund performed better throughout the financial year ended 30 June 2011 compared with the previous corresponding period. This is in line with the encouraging performance of the country's economy and local bourse which saw the FBM KLCI index recording a gain of 18.96% from 1,314.02 points recorded on 30 June 2010 to 1,563.19 points recorded on 23 June 2011.

Up until 23 June 2011, ASN 2 has recorded a gross income of RM14.34 million. Of the amount, profit from the sale of shares contributed RM5.43 million or 37.87%, dividend income from investee companies contributed RM7.24 million or 50.49% while the remaining income of RM1.67 million or 11.64% is derived from other investments.

All transactions for ASN 2 at the ASNB offices and agents have been suspended from 22 June 2011 to 30 June 2011 to facilitate the calculation of income distribution.

ASN 2 unit holders can update their ASN 2 investment pass book at ASNB offices and agents nationwide beginning 1 July 2011.

The income distribution of ASN 2 will be calculated based on the unit holdings on 30 June 2011 which is the last day of the financial year of the fund. It will be re-invested into additional units of ASN 2 which will be automatically credited into the unit holders' accounts, based on the NAV on 30 June 2011.

For the unit holders who subscribed to the ASN 2 through the Employees Provident Fund (EPF) Members' Investment Scheme, the income distribution will be credited directly into their respective EPF investment accounts.

The income distribution statement and fund's annual report will be sent to unit holders beginning end of August 2011.

ASN 2 is a variable priced growth fund with the objective of generating reasonable level of distribution income and capital appreciation to the unit holders through a diversified portfolio of investments. It is opened to Malaysian Bumiputera investors aged 18 years and above. It is also listed in the Employees Provident Fund Members' Investment Scheme.