Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Friday (March 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                102.3614       101.0977        21-03-06

Alfalah GHP Value Fund          Alfalah GHP Inv. Mang.       Asset Allocat.           58.91          57.47        20-03-06

Askari Income Fund              Askari Inv Mang Ltd          Income                  103.49         102.11        20-03-06

Atlas Income Fund               Atlas Asset Mang.            Income                  550.55         539.75        18-03-06

Atlas Stock Mkt. Fund           Atlas Asset Mang.            Equity                  732.50         718.14        18-03-06

Crosby Dragon Fund              Crosby Asset Mang.           Equity                  134.35         131.70        21-03-06

Dawood Money Mkt. Fund          Dawood Capital Mang.         Income                110.1813       108.0209        21-03-06

Faysal Bal. Growth Fund         Faysal Asset Mang.           Balanced                142.20         139.28        17-03-06

Faysal Income & Growth Fund     Faysal Asset Mang.           Income                  106.14         105.09        17-03-06

National Investment Trust       National Inv.  Trust         Equity                       -              -               -

Meezan Islamic Fund             Al Meezan Investments        Islamic Equity           87.20          85.24        20-03-06

MSF - Perpetual                 Arif Habib Investments       Income                   46.94          46.89        20-03-06

MSF - 12/07                     Arif Habib Investments       Income                   49.86          49.81        20-03-06

MSF - 12/12                     Arif Habib Investments       Income                   55.60          55.54        20-03-06

Pakistan Income Fund            Arif Habib Investments       Income                   54.29          53.56        20-03-06

Pakistan Stock Market Fund      Arif Habib Investments       Equity                  126.55         123.39        17-03-06

Pakistan Cap Market Fund        Arif Habib Investments       Equity                   15.87          15.47        17-03-06

United Growth & Income Fund     UBL Fund Managers Ltd        Growth                106.6307       103.4318        21-03-06

                                                             Income                108.2302       106.6307        21-03-06

United Money Mkt. Fund          UBL Fund Managers Ltd        Class 'A'             107.3618       107.3618        21-03-06

                                                             Class 'C'             107.3618       106.2882        21-03-06

Unit Trust of Pakistan          ABAMCO                       Balanced             10,312.86      10,012.47        17-03-06

UTP Income Fund                 ABAMCO                       Income                  561.73         550.70        17-03-06

UTP Islamic Fund                ABAMCO                       Islamic Equity          907.49         881.04        17-03-06

UTP - Agg. Asset Alloc.         ABAMCO                       Equity                  102.40          99.41        17-03-06

UTP - Fund of Funds.            ABAMCO                       Equity                   60.47          59.27        17-03-06

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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                   41.75                       17-03-06

ABAMCO Comp. Fund               ABAMCO                       Equity                   13.03                       17-03-06

ABAMCO S.M. Fund                ABAMCO                       Equity                   22.63                       17-03-06

ABAMCO Capital Fund             ABAMCO                       Equity                   20.70                       17-03-06

AKD Index Tracker Fund          AKD Investments              Equity                   11.87                       20-03-06

Al Meezan Mutual Fund           Al Meezan Investments        Equity                   19.29                       20-03-06

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

Atlas Fund of Funds             Atlas Asset Mang.            Equity                   12.17                       17-03-06

BSJS Balanced Fund              ABAMCO                       Balanced                 16.92                       17-03-06

First Dawood M. Fund            Dawood Capital Mang.         Equity                   13.03                       19-03-06

First Cap. Mutual Fund.         First Capital Inv. Ltd       Equity                   12.88                       20-03-06

Golden Arrow Stock Fund         AKD Investments              Equity                  11.53*                       20-03-06

Meezan Balanced Fund            Al Meezan Investments        Islamic Balanced         13.38                       20-03-06

Pakistan Premier Fund           Arif Habib Investments       Equity                   19.24                       17-03-06

Pakistan S.A. Fund              Arif Habib Investments       Equity                  14.65                        17-03-06

PICIC Investment Fund           PICIC Asset Mang.            Equity                 23.63**                       20-03-06

PICIC Growth Fund               PICIC Asset Mang.            Equity                50.32***                       20-03-06

PICIC Energy Fund               PICIC Asset Mang.            Equity                   10.80                       20-03-06

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

Safeway Mutual Fund             Safeway Mang.                Equity                     N/A                              -

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