Kuala Lumpur, 10 September 2009 - Alliance Investment Management Berhad has declared a gross cash distribution of 1.5 sen per unit for investors of Alliance Optimal Income Fund (AOIF) based on the financial year ended 31 August 2009.

The cash distribution, which represents a 3.7% yield for the six months period is based on the average selling price of RM0.4060. This is AOIF's second cash distribution pay-out in a year as distribution is declared on a half-yearly basis as approved by the Trustee.

Nik Azhar Abdullah, Executive Director and Head of Alliance Investment Management Berhad said, "The total cash distribution for the year amounts to 2.5 sen which translates to a yield of 6.4% based on average net asset value (NAV) of RM0.3909, which is slightly higher the market's median. The lower distribution compared to previous years is also in line with lower prevailing interest rate.

The Fund invests in high dividend yielding stocks and fixed-income securities and since its launch on 2 September 2004 has been popular among investors with medium risk appetite and those who prefer a stable income stream that is potentially higher than the prevailing fixed deposit rates."

AOIF is available through Alliance Investment Management Berhad's Independent Tied-Agents, Alliance Bank Malaysia Bhd and third party distributors such as Affin Bank, Areca Capital Sdn Bhd, Standard Chartered Bank Malaysia Bhd, RHB Investment Management Bhd, Phillip Mutual Bhd, and ECM Libra Avenue Securities Sdn Bhd. The Fund is also distributed via online through Corporate Unit Trust Adviser, iFast Capital Sdn Bhd.

For enquiries or a copy of the Master Prospectus, please call the toll free number 1-800-88-3065 or log on to www.allianceimb.com.my.