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UTC’s US Dollar Money Market Fund US$6.24 Million Distribution

On April 1^st 2005, the Unit Trust Corporation’s US Dollar Money Market Fund (USD MMF) made its twentieth distribution of interest since being launched in April 2000.

A total payout of US$6,244,786 was issued to 41,027 unitholders in the US Dollar Money Market Fund, bringing the cumulative distribution since the fund’s inception to US $72,119,594.

This twentieth distribution corresponds to interest earned for the period January 1, 2005 to March 31, 2005, based on a quoted minimum yield of 5.00% (effective yield: 5.20%).

The UTC’s US Dollar Money Market Fund was developed to offer customers higher rates of interest, security of capital and one hundred per cent access to their USD investment. With a minimum initial investment of US $100, customers can participate in the USD MMF, which invests in a wide range of US Dollar denominated government, corporate and money market instruments. Interest is calculated and compounded on a daily basis and credited to customers’ accounts quarterly.

For the month of April, the quoted minimum yield for the US Dollar Money Market Fund is 5.00% (effective yield: 5.20%). The UTC also manages a TT Dollar Money Market Fund, for which the quoted minimum yield for this month is 5.40% (effective yield: 5.63%).

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