Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on November 14, 2005.

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Names                       Asset Manager            Category           Offer    Repurchase   Validity

of Fund                                                                 Price      Price       (Dates)

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Alfalah GHP Value Fund      Alfalah GHP Inv. Mang.   Asset Allocat.      51.4       50.15     14-11-05

Atlas Income Fund           Atlas Asset Mang.        Income            529.06      518.69     15-11-05

Atlas Stock Mkt. Fund       Atlas Asset Mang.        Equity            608.86      596.92     15-11-05

Crosby Dragon Fund          Crosby Asset Mang.       Equity             117.2      114.85     15-11-05

Dawood Money Mkt. Fund      Dawood Capital Mang.     Income           105.481    103.4127     15-11-05

Faysal Bal. Growth Fund     Faysal Asset Mang.       Balanced             124      121.45    14 -11-05

Faysal Income & Growth Fund Faysal Asset Mang.       Income            101.85      100.84     14-11-05

National Investment Trust   National Inv.  Trust     Equity             49.45        47.7     14-11-05

Meezan Islamic Fund         Al Meezan Investments    Islamic Equity      73.1       71.46     14-11-05

MSF - Perpetual             Arif Habib Investments   Income              45.8       45.75     15-11-05

MSF - 12/05                 Arif Habib Investments   Income             51.79       51.74     15-11-05

MSF - 12/07                 Arif Habib Investments   Income              48.6       48.55     15-11-05

MSF - 12/12                 Arif Habib Investments   Income             53.74       53.69     15-11-05

Pakistan Income Fund        Arif Habib Investments   Income             52.24       51.53     15-11-05

Pakistan Stock Market       Arif Habib Investments   Equity            117.07      114.14     14-11-05

United Money Mkt. Fund

                            United AMC               Class 'A'            N/A         N/A            -

                            United AMC               Class 'C'            N/A         N/A            -

Unit Trust of Pakistan      ABAMCO                   Balanced        8,546.32    8,297.39     14-11-05

UTP Income Fund             ABAMCO                   Income            541.69      531.06     14-11-05

UTP Islamic Fund            ABAMCO                   Islamic Equity    714.16      693.35     14-11-05

UTP - Agg. Asset Alloc.     ABAMCO                   Equity             80.42       78.06     14-11-05

UTP - Fund of funds.        ABAMCO                   Equity             52.98       51.42     14-11-05

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CLOSED-END FUND NAVs:

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Names of Fund                 Investment Advisor          Category            NAVs    Validity (Dates)

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ABAMCO Growth Fund            ABAMCO                      Equity              37.22           14-11-05

ABAMCO Comp. Fund             ABAMCO                      Equity               12.3           14-11-05

ABAMCO S.M. Fund              ABAMCO                      Equity              19.14           14-11-05

ABAMCO Capital Fund           ABAMCO                      Equity              17.57           14-11-05

Al Meezan M. Fund             Al Meezan Investments       Equity              16.18           14-11-05

Asian Stocks Fund             Asian Cap. Mang.            Equity                N/A                  -

Atlas Fund of Funds           Atlas Asset Mang.           Equity                 11           14-11-05

BSJS Balanced Fund            ABAMCO                      Balanced            15.43           14-11-05

First Dawood M. Fund          Dawood Capital Mang.        Equity              11.74           14-11-05

First Cap. M. Fund.           First Capital Inv. Ltd      Equity              10.76           14-11-05

Golden Arrow Stock Fund       AKD Investments             Equity               9.75           11/11/05

Meezan Balanced Fund          Al Meezan Investments       Islamic Balanced    11.84           14-11-05

Pakistan Premier Fund         Arif Habib Investments      Equity               17.7           14-11-05

Pakistan Cap Market Fund      Arif Habib Investments      Equity              14.46           14-11-05

Pakistan S.A. Fund            Arif Habib Investments      Equity               13.6           14-11-05

PICIC Investment Fund         PICIC Asset Mang.           Equity              22.64           11/11/05

PICIC Growth Fund             PICIC Asset Mang.           Equity              67.67           11/11/05

Prudential Stock Fund         Prudential Fund Mang.       Equity                N/A                  -

Safeway Mutual Fund           Safeway Mang.               Equity                N/A                  -

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