Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (December 14, 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                 106.9697    105.6491     14-12-06

AMZ Plus Stock Fund               AMZ Asset Mang.                 Equity                   105.14      102.08     13-12-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.            60.00       58.54     13-12-06

Askari Income Fund Class B        Askari Inv Mang Ltd             Income - Class B         105.72      105.72     13-12-06

Askari Income Fund Class C        Askari Inv Mang Ltd             Income - Class C         105.72      105.72     13-12-06

AKD Opportunity Fund              AKD Investments                 Equity                    51.30       49.80     13-12-06

Atlas Income Fund                 Atlas Asset Mang.               Income                   532.95      522.50     13-12-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                   593.44      581.80     12-12-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                    98.35       96.35     14-12-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income                 105.7730    104.7258     13-12-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced                 106.78      104.43     13-12-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                   107.03      105.96     13-12-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market             104.81      104.81     14-12-06

KASB Liquid Fund

 (with contingent back-end load)  KASB Funds Ltd                  Money Market             104.81      104.28     14-12-06

National Investment Trust         National Inv.  Trust            Equity                    48.95       47.25     13-12-06

NAFA Cash Fund                    National Fullerton Asset Mang   Income                  10.4731     10.4731     13-12-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity            62.55       61.14     13-12-06

MSF - Perpetual                   Arif Habib Investments          Income                    46.68       46.63     13-12-06

MSF - 12/07                       Arif Habib Investments          Income                    52.03       51.98     13-12-06

MSF - 12/12                       Arif Habib Investments          Income                   53. 16       53.11     13-12-06

Pakistan Income Fund              Arif Habib Investments          Income                    53.16       52.44     13-12-06

Pak Int'l Islamic Fund - A        Arif Habib Investments          Islamic                   50.26       49.00     12-12-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                    88.55       86.34     12-12-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                    12.05       11.75     12-12-06

Reliance Income Fund              Noman Abid Invest. Mang         Income                  51.5729     50.8108     12-12-06

United Growth & Inc Fund-Income

United Growth & Inc Fund-Growth   UBL Fund Managers Ltd           Income                 106.6540    105.3734     12-12-06

                                                                  Growth                 105.3734    102.2122     12-12-06

United Money Mkt. Fund-class A    UBL Fund Managers Ltd           Class 'A'              104.5628    104.5628     12-12-06

United Money Mkt. Fund-class C                                    Class 'C'              104.5628    103.5172     12-12-06

United Stock Advantage Fund       UBL Fund Managers Ltd           Class 'A'                103.36      100.84     11-12-06

Unit Trust of Pakistan            JS ABAMCO Limited               Balanced               7,881.01    7,651.46     13-12-06

UTP - Income Fund                 JS ABAMCO Limited               Income                   540.25      529.64     13-12-06

UTP - Islamic Fund                JS ABAMCO Limited               Islamic Equity           645.45      611.11     13-12-06

UTP - Agg. Asset Alloc.           JS ABAMCO Limited               Equity                    57.81       56.11     13-12-06

UTP - Fund of funds               JS ABAMCO Limited               Equity                    51.95       50.92     13-12-06

UTP - A 30+ Fund                  JS ABAMCO Limited               Equity                    55.68       54.57     13-12-06

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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                    10.99                 13-12-06

AKD Index Tracker Fund**          AKD Investments                 Equity                  11.10**                 13-12-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                    14.76                 13-12-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                        -                        -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                    10.79                 12-12-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                  15.73                 13-12-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                    10.72                 11-12-06

First Cap. M. Fund.**             First Capital Inv. Ltd          Equity                  10.33**                 12-12-06

Golden Arrow Stock Fund**         AKD Investments                 Equity                   8.02**                 13-12-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced          11.28                 13-12-06

Pakistan Premier Fund             Arif Habib Investments          Equity                    15.42                 12-12-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                    11.20                 12-12-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                    42.91                 13-12-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                    19.32                 13-12-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                    10.49                 13-12-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                        -                        -

Safeway Mutual Fund               Safeway Mang.                   Equity                        -                        -

UTP Growth Fund                   JS ABAMCO                       Equity                    18.30                 13-12-06

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