Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Friday (March 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                102.2671       101.0045        16-03-06

Alfalah GHP Value Fund          Alfalah GHP Inv. Mang.       Asset Allocat.           58.05          56.63        15-03-06

Atlas Income Fund               Atlas Asset Mang.            Income                  549.91         539.13        15-03-06

Atlas Stock Mkt. Fund           Atlas Asset Mang.            Equity                  705.08         691.25        15-03-06

Crosby Dragon Fund              Crosby Asset Mang.           Equity                  131.45         128.80        16-03-06

Dawood Money Mkt. Fund          Dawood Capital Mang.         Income                110.0059       107.8489        16-03-06

Faysal Bal. Growth Fund         Faysal Asset Mang.           Balanced                136.76         133.95        15-03-06

Faysal Income & Growth Fund     Faysal Asset Mang.           Income                  105.39         104.35        15-03-06

National Investment Trust       National Inv.  Trust         Equity                   54.70          52.80        15-03-06

Meezan Islamic Fund             Al Meezan Investments        Islamic Equity           83.89          82.00        15-03-06

MSF - Perpetual                 Arif Habib Investments       Income                   46.90          46.85        15-03-06

MSF - 12/07                     Arif Habib Investments       Income                   49.81          49.76        15-03-06

MSF - 12/12                     Arif Habib Investments       Income                   55.55          55.49        15-03-06

Pakistan Income Fund            Arif Habib Investments       Income                   54.20          53.47        15-03-06

Pakistan Stock Market Fund      Arif Habib Investments       Equity                  122.27         119.21        14-03-06

Pakistan Cap Market Fund        Arif Habib Investments       Equity                   15.34          14.96        14-03-06

United Growth & Income Fund     UBL Fund Managers Ltd        Growth                106.4897       103.2950        16-03-06

                                                             Income                108.0870       106.4897        16-03-06

United Money Mkt. Fund          UBL Fund Managers Ltd        107.2208              107.2208       15-03-06

                                                             Class 'C'             107.2208       106.1486        15-03-06

Unit Trust of Pakistan          ABAMCO                       Balanced              9,972.87       9,682.38        15-03-06

UTP Income Fund                 ABAMCO                       Income                  561.46         550.44        15-03-06

UTP Islamic Fund                ABAMCO                       Islamic Equity          863.46         838.30        15-03-06

UTP - Agg. Asset Alloc.         ABAMCO                       Equity                   98.54          95.66        15-03-06

UTP - Fund of Funds.            ABAMCO                       Equity                   58.62          57.46        15-03-06

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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                   40.31                       15-03-06

ABAMCO Comp. Fund               ABAMCO                       Equity                   12.51                       15-03-06

ABAMCO S.M. Fund                ABAMCO                       Equity                   21.98                       15-03-06

ABAMCO Capital Fund             ABAMCO                       Equity                   20.07                       15-03-06

AKD Index Tracker Fund          AKD Investments              Equity                   11.32                       15-03-06

Al Meezan Mutual Fund           Al Meezan Investments        Equity                   18.56                       15-03-06

Asian Stocks Fund               Asian Cap. Mang.             Equity                     N/A                              -

Atlas Fund of Funds             Atlas Asset Mang.            Equity                   12.01                       14-03-06

BSJS Balanced Fund              ABAMCO                       Balanced                 16.38                       15-03-06

First Dawood M. Fund            Dawood Capital Mang.         Equity                   12.66                       14-03-06

First Cap. Mutual Fund.         First Capital Inv. Ltd       Equity                   12.21                       15-03-06

Golden Arrow Stock Fund         AKD Investments              Equity                  11.03*                       15-03-06

Meezan Balanced Fund            Al Meezan Investments        Islamic Balanced         13.09                       15-03-06

Pakistan Premier Fund           Arif Habib Investments       Equity                   18.64                       14-03-06

Pakistan S.A. Fund              Arif Habib Investments       Equity                 14.18                         14-03-06

PICIC Investment Fund           PICIC Asset Mang.            Equity                 22.71**                       15-03-06

PICIC Growth Fund               PICIC Asset Mang.            Equity                48.82***                       15-03-06

PICIC Energy Fund               PICIC Asset Mang.            Equity                   10.65                       15-03-06

Prudential Stock Fund           Prudential Fund Mang.        Equity                     N/A                              -

Safeway Mutual Fund             Safeway Mang.                Equity                     N/A                              -

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