Press Releases

TDK Resource Fund Inc. Declares Capital Gains Dividend

February 18, 2004 - TDK Resource Fund Inc. announced today that Class A, Series 1 shareholders of record at the close of business on February 26, 2004 will receive a capital gains dividend totaling $2,748,207 (approximately $1.73 per Share). All dividends will be automatically reinvested in shares of the Fund, unless a shareholder has previously elected in writing to receive such dividends in cash.

The dividend relates to activity of the Fund in 2003 and is taxable in the shareholders' hands for the 2004 taxation year.

For more information, please call TDK Fund Management Inc. at (416) 362-2929 or (800) 407-0287.