Standard Chartered MF Declares Dividend

Standard Chartered Mutual Fund has announced 1 May 2007 as the record date for the declaration of dividend under the dividend option of Grindlays Fixed Maturity 16th Plan. Grindlays Fixed Maturity 16 th plan is a close ended Debt specialty Fund launched in October 2005. The AMC plans to distribute entire appreciation in the NAV since its inception as dividend.