The Reserve announced that it is making its third distribution, of $200 million, to shareholders of the Reserve International Liquidity Fund.

This distribution represents 39% of the remaining $507 million total assets in the fund as of Nov. 19. With the additional $200 million payout, Reserve will have returned $2.5 billion, or 86%, of the fund’s assets as of the close of business on Sept. 15, 2008.

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