Open End Mutual Funds (Unit Trusts)

The open end mutual funds.

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Types of       Asset      Offer/   Red/        Validity

Names of       Manager    Sale     Rep           Date/s

Funds                     Price    Price

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Equity Funds

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NIT                        28.45   27.15     02.01.2004

Meezan          Al Meezan

Islamic Fund    Inv. Mgt   57.11   55.97     02.01.2004

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Debt/Income Funds

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PIF             AHIML      53.75   53.02     02.01.2004

MSF- Perpetual  AHIML      46.60   46.51     02.01.2004

MSF-12/05       AHIML      50.59   50.49     02.01.2004

MSF-12/07       AHIML      49.44   49.34     02.01.2004

MSF-12/12       AHIML      47.27   47.18     02.01.2004

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