The Securities Law Firm of Klayman & Toskes Continues to File Arbitration Claims...

The Securities Law Firm of Klayman & Toskes Continues to File Arbitration Claims
On Behalf of Investors Who Purchased Morgan Keegan and Regions Financial Corp.'s
Bond Mutual Funds -- RHY, RMH, RMA, RSF

BOCA RATON, Fla., Sept. 26, 2008 (GLOBE NEWSWIRE) -- The Securities Law Firm of
Klayman & Toskes, P.A. (http://www.nasd-law.com) announced today 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 latest claim seeks damages for losses sustained in four 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 Claimants lost money in
these 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 Claimants.

Klayman & Toskes continues to file arbitration claims on behalf of aggrieved
investors of the Regions Morgan Keegan Funds from across the country. After the
monthly dividend for the closed-end funds was cut to about $0.01 per share,
Klayman & Toskes has seen the number of inquires regarding securities
arbitration claims against Morgan Keegan and Regions Financial Corp. increase
substantially.

Following the cut in dividend and the recent Shareholder Conference Call with
Hyperion Brookfield, many Regions Morgan Keegan Bond Fund investors are left
searching for answers and weighing all of their options. According to Jahan K.
Manasseh, an attorney at Klayman & Toskes, "Our firm has been filing arbitration
claims against Morgan Keegan and Regions Financial since the beginning of 2008,
yet we feel that we have only seen the tip of the iceberg. Many investors are
just now learning that they do not have to wait for class action to take its
course, but instead they can file an individual arbitration claim to obtain a
recovery." The arbitration claims being filed by Klayman & Toskes against Morgan
Keegan and Regions Financial Corp. involve losses in the following Regions
Morgan Keegan 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 Regions Morgan Keegan 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 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 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
http://www.nasd-law.com