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DSPML Mutual Fund Announces Dividends

DSP Merrill Lynch Mutual Fund has declared a dividend under DSPML Balanced Fund and DSPML Opportunities Fund. The record date for dividend declaration is October 7, 2003.

Applications for subscription, redemption, switch-ins and switch-outs from the dividend plans of DSPML Balanced and DSPML Opportunities Fund will be accepted on the record date, subject to them being complete in all respect and received prior to 3.30 p.m.