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Company : Standard Chartered Bank 
Tuesday, November 6, 2001 3:00PM IST (9:30AM GMT)
Standard Chartered Mutual Fund announces Monthly Dividend
Mumbai, Maharashtra, India

Standard Chartered Mutual Fund has announced a dividend of Rs. 0.07 per unit in the monthly dividend option of its Grindlays Super Saver Income Fund – Short Term Plan. The record date for dividend was 1 November 2001.

The Grindlays Super Saver Income Fund - Short Term is a 100% debt fund and is designed for investors seeking stable and consistent returns over shorter periods of 1-6 months.

The Grindlays Super Saver Income Fund - Short Term has been consistently paying dividend every month since its launch on 14 Dec 2000. The dividend history is shown in the table below.

Dividend Date (periodicity): Dividend (Rs./unit)

1 Nov 01 (monthly): 0.07
01 Oct 01 (monthly): 0.07
31 Aug 01 (monthly): 0.07
31 Jul 01 (monthly): 0.07
29 Jun 01 (monthly): 0.07
1 Jun 01 (monthly): 0.07
30 Apr 01 (monthly): 0.06
27 Mar 01 (monthly): 0.06
28 Feb 01 (monthly): 0.06
31 Jan 01 (monthly): 0.07

Standard Chartered Mutual Fund is a pure debt fund house. It manages over Rs. 2,650 crores (as at 1 November 2001) of funds under management in its two open ended (Grindlays Super Saver Income Fund – Investment Plan and Short Term Plan and Grindlays Cash Fund) and one fixed maturity close ended debt scheme (Grindlays Fixed Saving Scheme). Standard Chartered Mutual Fund is sponsored by Standard Chartered Bank, UK.

Media Contact Details
Neel Chatterjee, Regional Head, External Affairs, Standard Chartered, +91 (22) 263 4574, Neel.Chatterjee@in.standardchartered.com
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