Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (November 21, 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              AMZ Asset Mang.                 Income                 106.1825    104.8716     20-11-06

AMZ Plus Stock Fund               AMZ Asset Mang.                 Equity                   104.24      101.20     16-11-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.            59.02       57.58     18-11-06

Askari Income Fund Class B        Askari Inv Mang Ltd             Income - Class B         104.93      104.93     18-11-06

Askari Income Fund Class C        Askari Inv Mang Ltd             Income - Class C         104.93      104.93     18-11-06

AKD Opportunity Fund              AKD Investments                 Equity                    51.25       49.70     17-11-06

Atlas Income Fund                 Atlas Asset Mang.               Income                   529.75      519.36     20-11-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                   586.76      575.25     17-11-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                    98.35       96.40     20-11-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income                 105.0553    103.0151     17-11-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced                 106.16      103.82     17-11-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                   106.02      104.96     17-11-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market             104.08      104.08     20-11-06

KASB Liquid Fund

 (with contingent back-end load)  KASB Funds Ltd                  Money Market             104.08      103.55     20-11-06

National Investment Trust         National Inv.  Trust            Equity                    47.35       45.70     20-11-06

NAFA Cash Fund                    National Fullerton Asset Mang   Income                  10.3917     10.3917     17-11-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity            62.01       60.61     17-11-06

MSF - Perpetual                   Arif Habib Investments          Income                    46.41       46.36     18-11-06

MSF - 12/07                       Arif Habib Investments          Income                    51.73       51.68     18-11-06

MSF - 12/12                       Arif Habib Investments          Income                    52.75       52.70     18-11-06

Pakistan Income Fund              Arif Habib Investments          Income                    52.80       52.09     20-11-06

Pak Int',l Islamic Fund - A       Arif Habib Investments          Islamic                   49.27       48.04     17-11-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                    87.35       85.17     17-11-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                    11.90       11.60     17-11-06

Reliance Income Fund              Noman Abid Invest. Mang         Income                  51.2464     50.4891     17-11-06

United Growth & Inc Fund-Income

United Growth & Inc Fund-Growth   UBL Fund Managers Ltd           Income                 106.2439    104.6738     20-11-06

                                                                  Growth                 104.6738    101.5336     20-11-06

United Money Mkt. Fund-class A    UBL Fund Managers Ltd           Class 'A'              103.8886   103. 8886     20-11-06

United Money Mkt. Fund-class C                                    Class 'C'             103. 8886    102.8497     20-11-06

United Stock Advantage Fund       UBL Fund Managers Ltd           Class 'A'                102.68      100.18     18-11-06

Unit Trust of Pakistan            JS ABAMCO Limited               Balanced               7,849.15    7,620.53     17-11-06

UTP - Income Fund                 JS ABAMCO Limited               Income                   536.71      526.17     17-11-06

UTP - Islamic Fund                JS ABAMCO Limited               Islamic Equity           617.20      599.22     17-11-06

UTP - Agg. Asset Alloc.           JS ABAMCO Limited               Equity                    57.50       55.81     17-11-06

UTP - Fund of Funds               JS ABAMCO Limited               Equity                    52.33       51.29     17-11-06

UTP - A 30+ Fund                  JS ABAMCO Limited               Equity                    55.08       53.99     17-11-06

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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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UTP- Large Cap Fund *             JS ABAMCO                       Equity                    10.88                 17-11-06

AKD Index Tracker Fund**          AKD Investments                 Equity                  11.14**                 17-11-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                    14.59                 17-11-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                        -                        -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                    10.80                 17-11-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                  15.58                 17-11-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                    10.47                 14-11-06

First Cap. M. Fund.**             First Capital Inv. Ltd          Equity                  10.18**                 16-11-06

Golden Arrow Stock Fund**         AKD Investments                 Equity                   8.00**                 17-11-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced          11.14                 17-11-06

Pakistan Premier Fund             Arif Habib Investments          Equity                    15.21                 17-11-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                    11.04                 17-11-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                    41.88                 17-11-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                    18.89                 17-11-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                    10.49                 17-11-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                        -                        -

Safeway Mutual Fund               Safeway Mang.                   Equity                        -                        -

UTP Growth Fund                   JS ABAMCO                       Equity                    17.93                 17-11-06

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