Areca Capital Sdn Bhd (ArecaCap), an associate company of Jerneh Asia Berhad, has declared a unit split for unitholders of Areca incomeTRUST Fund (AiTF), Areca moneyTRUST Fund (AmTF), Areca enhancedINCOME Fund (AEIF) and Areca Steady fixedINCOME Fund (ASFIF). ArecaCap’s CEO Danny Wong said the unit split exercise was to reward unitholders due to the funds’ performances and to bring the selling price of the funds closer to the initial offer period level.

ArecaCap has declared a unit split ratio of 0.04188:1 (4.188 additional units for every 100 units held) for AiTF and 0.03000:1 (3 additional units for every 100 units held) for AmTF. AEIF investors would get a unit split ratio of 0.05158:1 (5.158 additional units for every 100 units held), and ASFIF investors would get 0.04000:1 (4 additional units for every 100 units held).

Areca Capital Sdn Bhd, an associate company of Jerneh Asia Berhad, has launched its maiden funds on 23 April 2007 and is currently managing 6 unit trust funds and is also an Institutional Unit Trust Agent for the distribution of third party funds.

Any further enquiries please contact Ms. Rachel Ho at rachel@arecacapital.com or call 603- 7956 3111

– ARECA CAPITAL DECLARED UNIT SPLIT TO UNITHOLDERS OF FOUR OF ITS FUNDS –