Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (May 26, 2006).

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Names                             Asset Manager                   Category             Offer      Repurchase      Validity

of Fund                                                                                 Price         Price        (Dates)

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AMZ Plus Income Fund              30                             Income               104.7739      103.4803      25-05-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.         Asset Allocat.          58.25         56.83      25-05-06

Askari Income Fund                Askari Inv Mang Ltd            Income - Class B       105.45        104.05      26-05-06

                                  Askari Inv Mang Ltd            Income - Class C       104.05        102.65      26-05-06

AKD Opportunity Fund              AKD Investments                Equity                  49.50         48.00      25-05-06

Atlas Income Fund                 Atlas Asset Mang.              Income                 561.70        550.69      25-05-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.              Equity                 734.69        720.28      25-05-06

Crosby Dragon Fund                Crosby Asset Mang.             Equity                 130.30        127.70      25-05-06

Dawood Money Mkt. Fund            Dawood Capital Mang.           Income               111.3134      110.2113      25-05-06

Faysal Bal. Growth Fund           Faysal Asset Mang.             Balanced               117.92        115.33      25-05-06

Faysal Income & Growth Fund       Faysal Asset Mang.             Income                 106.70        105.64      25-05-06

KASB Liquid Fund                  KASB Funds Ltd                 Money Market           100.45        100.45      26-05-06

KASB Liquid Fund

 (with contingent back-end load)  KASB Funds Ltd                 Money Market           100.45         99.94      26-05-06

National Investment Trust         National Inv.  Trust           Equity                  53.85         51.95      25-05-06

NAFA Cash Fund                    National Fullerton Asset Mange Money Market            10.09         10.09      24-05-06

Meezan Islamic Fund               Al Meezan Investments          Islamic Equity          84.56         82.66      24-05-06

MSF - Perpetual                   Arif Habib Investments         Income                  47.63         47.58      25-05-06

MSF - 12/07                       Arif Habib Investments         Income                  50.49         50.44      25-05-06

MSF - 12/12                       Arif Habib Investments         Income                  56.01         55.95      25-05-06

Pakistan Income Fund              Arif Habib Investments         Income                  55.33         54.58      25-05-06

Pak Int''l Islamic Fund - A        Arif Habib Investments         Islamic                 51.07         49.80      24-05-06

Pakistan Stock Market             Arif Habib Investments         Equity                 127.83        124.63      24-05-06

Pakistan Cap Market Fund          Arif Habib Investments         Equity                  16.00         15.60      24-05-06

United Growth & Income Fund       UBL Fund Managers Ltd          Income               110.4179      108.7861      25-05-06

                                                                 Growth               108.7861      105.5225      25-05-06

United Money Mkt. Fund            UBL Fund Managers Ltd          Class ''A''            109.2498      109.2498      26-05-06

                                                                 Class ''C''            109.2498      108.1537      26-05-06

Unit Trust of Pakistan            ABAMCO                         Balanced            10,489.73     10,184.20      25-05-06

UTP Income Fund                   ABAMCO                         Income                 573.10        561.86      25-05-06

UTP Islamic Fund                  ABAMCO                         Islamic Equity         891.58        865.60      25-05-06

UTP - Agg. Asset Alloc.           ABAMCO                         Equity                  98.36         95.48      25-05-06

UTP - Fund of Funds.              ABAMCO                         Equity                  60.17         58.98      25-05-06

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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                 41.00                    25-05-06

ABAMCO Comp. Fund                 ABAMCO                          Equity                11.56*                    25-05-06

ABAMCO S.M. Fund                  ABAMCO                          Equity                 22.28                    25-05-06

ABAMCO Capital Fund               ABAMCO                          Equity                 20.30                    25-05-06

AKD Index Tracker Fund            AKD Investments                 Equity                 11.83                    25-05-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                 18.57                    24-05-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                     -                           -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                 12.49                    24-05-06

BSJS Balanced Fund                ABAMCO                          Balanced               15.95                    25-05-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                 13.10                    23-05-06

First Cap. M. Fund.               First Capital Inv. Ltd          Equity               12.91**                    22-05-06

Golden Arrow Stock Fund           AKD Investments                 Equity              08.62***                    25-05-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced       13.20                    24-05-06

Pakistan Premier Fund             Arif Habib Investments          Equity                 19.20                    24-05-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                 14.53                    24-05-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity              48.50***                    25-05-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                 22.81                    25-05-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                 10.49                    25-05-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                     -                           -

Safeway Mutual Fund               Safeway Mang.                   Equity                     -                           -

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