Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Saturday (December 16, 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                 106.9979    105.6769     15-12-06

AMZ Plus Stock Fund               AMZ Asset Mang.                 Equity                   104.56      101.52     15-12-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.            59.99       58.53     15-12-06

Askari Income Fund Class B        Askari Inv Mang Ltd             Income - Class B         105.83      105.83     16-12-06

Askari Income Fund Class C        Askari Inv Mang Ltd             Income - Class C         105.83      105.83     16-12-06

AKD Opportunity Fund              AKD Investments                 Equity                    51.10       49.55     15-12-06

Atlas Income Fund                 Atlas Asset Mang.               Income                   533.33      522.87     18-12-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                   588.31      576.77     15-12-06

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

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income                 105.8287    104.7809     15-12-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced                 106.32      103.98     15-12-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                   107.09      106.02     15-12-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market             104.87      104.87     16-12-06

KASB Liquid Fund (with

 contingent back-end load)        KASB Funds Ltd                  Money Market             104.87      104.34     16-12-06

National Investment Trust         National Inv.  Trust            Equity                    48.65       46.95     15-12-06

NAFA Cash Fund                    National Fullerton Asset Mang   Income                  10.4793     10.4793     15-12-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity            62.55       61.14     14-12-06

MSF - Perpetual                   Arif Habib Investments          Income                    46.71       46.66     15-12-06

MSF - 12/07                       Arif Habib Investments          Income                    52.05       52.00     15-12-06

MSF - 12/12                       Arif Habib Investments          Income                   53. 19       53.14     15-12-06

Pakistan Income Fund              Arif Habib Investments          Income                    53.19       52.47     15-12-06

Pak Int',l Islamic Fund - A       Arif Habib Investments          Islamic                   50.11       48.86     14-12-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                    88.25       86.04     14-12-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                    12.03       11.73     14-12-06

Reliance Income Fund              Noman Abid Invest. Mang         Income                  51.6012     50.8386     15-12-06

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               7,836.26    7,608.01     15-12-06

UTP - Income Fund                 JS ABAMCO Limited               Income                   540.58      529.97     15-12-06

UTP - Islamic Fund                JS ABAMCO Limited               Islamic Equity           624.53      606.33     15-12-06

UTP - Agg. Asset Alloc.           JS ABAMCO Limited               Equity                    57.34       55.66     15-12-06

UTP - Fund of Funds               JS ABAMCO Limited               Equity                    51.80       50.77     15-12-06

UTP - A 30+ Fund                  JS ABAMCO Limited               Equity                    55.22       54.13     15-12-06

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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                    10.94                 15-12-06

AKD Index Tracker Fund**          AKD Investments                 Equity                  11.06**                 15-12-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                    14.76                 14-12-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                        -                        -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                    10.76                 15-12-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                  15.71                 15-12-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                    10.74                 12-12-06

First Cap. M. Fund.**             First Capital Inv. Ltd          Equity                  10.42**                 14-12-06

Golden Arrow Stock Fund**         AKD Investments                 Equity                   8.00**                 15-12-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced          11.27                 14-12-06

Pakistan Premier Fund             Arif Habib Investments          Equity                    15.36                 14-12-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                    11.15                 14-12-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                    42.94                 14-12-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                    19.34                 14-12-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                    10.49                 14-12-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                        -                        -

Safeway Mutual Fund               Safeway Mang.                   Equity                        -                        -

UTP Growth Fund                   JS ABAMCO                       Equity                    18.17                 15-12-06

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