The Securities Law Firm of Klayman & Toskes Files Arbitration Claim Against Morgan...

The Securities Law Firm of Klayman & Toskes Files Arbitration Claim Against
Morgan Keegan and Regions Financial Corp. As Monthly Dividend for Bond Funds is
Cut to About $0.01 Per Share -- RHY, RMH, RMA, RSF

BOCA RATON, Fla., Sept. 5, 2008 (GLOBE NEWSWIRE) -- The Securities Law Firm of
Klayman & Toskes, P.A. (http://www.nasd-law.com) announced that it filed another
arbitration claim against Morgan Keegan and Regions Financial Corp., with the
Financial Industry Regulatory Authority's ("FINRA") Office of Dispute
Resolution. The lawsuit was filed for losses sustained in four RMK closed end
funds: RMK Multi-Sector High Income Fund (NYSE:RHY), RMK High Income Fund
(NYSE:RMH), RMK Advantage Income Fund (NYSE:RMA) and RMK Strategic Income Fund
(NYSE:RSF).

According to the Statement of Claim, the Claimant lost money in the RMK Bond
Funds due to Morgan Keegan's false and misleading statements about the Funds'
risk tolerance and asset allocation, as well as the lack of diversification.
Further, the Claim alleges that Morgan Keegan violated Rule 10b-5 of the
Securities Exchange Act of 1934, as well as the applicable state securities act,
as a result of the firm's misrepresentations and omissions in connection with
its sale of the securities to the Claimant.

Klayman & Toskes continues to file numerous arbitration claims on behalf of
aggrieved investors of the RMK Bond Funds from across the country. After the
monthly dividend for the closed end funds was cut to about $0.01 per share,
Klayman & Toskes expects arbitration claims against Morgan Keegan and Regions
Financial Corp. to increase substantially. The arbitration claims involve losses
in the following Morgan Keegan Bond Funds:

Ticker Bond Fund

RMH RMK High Income Fund
RHY RMK Multi-Sector High Income Fund
RMA RMK Advantage Income Fund
RSF RMK Strategic Income Fund
RHICX Regions MK Select High Income-C
MKHIX Regions MK Select High Income-A
RHIIX Regions MK Select High Income-I
RIBCX Regions MK Select Intermediate Bond Fund-C
MKIBX Regions MK Select Intermediate Bond Fund-A
RIBIX Regions MK Select Intermediate Bond Fund-I
Klayman & Toskes reminds investors of the benefits of filing an individual
arbitration claim, as opposed to participating in a class action lawsuit. By
participating in a class action lawsuit, an investor will most likely recover
only pennies on the dollar. However, if one has experienced losses of $50,000 or
more in the Morgan Keegan Bond Funds, it may be more beneficial for them to file
an individual securities arbitration claim. In 2003, Klayman & Toskes conducted
a study of securities arbitration versus class action. The study concluded that
investors who file a securities arbitration claim may obtain an overall higher
rate of recovery as opposed to participating in a class action lawsuit. To view
the full results of the comparison, please visit our web-site:
http://www.nasd-law.com/documents/classvr.pdf

The attorneys at the Law Firm of Klayman & Toskes are dedicated to aggressively
pursuing claims on behalf of investors who have suffered losses in the Regions
Morgan Keegan Bond Funds, and as a result of the credit crisis and subprime
fallout overall. Klayman & Toskes, an experienced, qualified and nationally
recognized securities litigation law firm, practices exclusively in the field of
securities arbitration and litigation. It continues its representation of
investors throughout the world in securities arbitration and litigation matters
against Wall Street brokerage firms.

If you lost $50,000 or more in the Regions Morgan Keegan Bond Funds and wish to
discuss your legal options at no obligation, please contact Steven D. Toskes,
Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at
888-997-9956, or visit us on the web at http://www.nasd-law.com.

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CONTACT: Klayman & Toskes, P.A.
Steven D. Toskes, Esquire
Jahan K. Manasseh, Esquire
888-997-9956