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Dividend Declared under UTI Petro Fund

UTI Mutual Fund has declared a dividend of 50% ( i.e. Rs.5.00 per unit on face value of Rs.10) under UTI-Growth Sector Petro Fund. The record date for the dividend is December 27, 2005.

UTI- GSF Petro as an open-ended equity scheme, launched in May 1999. During the financial year 2004-05 the scheme has already declared a dividend of 75%.