Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices on Wednesday (May 03, 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                103.6187       102.3394        27-04-06

Alfalah GHP Value Fund          Alfalah GHP Inv. Mang.       Asset Allocat            59.19          57.75        02-05-06

Askari Income Fund              Askari Inv Mang Ltd          Income                  104.70         103.31        02-05-06

AKD Opportunity Fund            AKD Investments              Equity                   50.75          49.20        02-05-06

Atlas Income Fund               Atlas Asset Mang.            Income                  557.89         546.95        02-05-06

Atlas Stock Mkt. Fund           Atlas Asset Mang.            Equity                  748.98         734.29        02-05-06

Crosby Dragon Fund              Crosby Asset Mang.           Equity                  140.55         137.75        03-05-06

Dawood Money Mkt. Fund          Dawood Capital Mang.         Income                110.5929       109.4980        02-05-06

Faysal Bal. Growth Fund         Faysal Asset Mang.           Balanced                121.44         118.77        28-04-06

Faysal Income &

Growth Fund                     Faysal Asset Mang.           Income                  106.50         105.45        28-04-06

National Investment Trust       National Inv.  Trust         Equity                   56.30          54.30        02-05-06

NAFA Cash Fund                  National Fullerton Asset     -                        10.02          10.02        28-04-06

Meezan Islamic Fund             Al Meezan Investments        Islamic Equity           87.42          85.45        02-05-06

MSF - Perpetual                 Arif Habib Investments       Income                   47.38          47.33        02-05-06

MSF - 12/07                     Arif Habib Investments       Income                   50.24          50.19        02-05-06

MSF - 12/12                     Arif Habib Investments       Income                   56.17          56.11        02-05-06

Pakistan Income Fund            Arif Habib Investments       Income                   54.98          54.24        02-05-06

Pak Int'l Islamic Fund          Arif Habib Investments       Islamic                      -              -        02-05-06

Pakistan Stock Market Fund      Arif Habib Investments       Equity                  127.67         124.48        28-04-06

Pakistan Cap Market Fund        Arif Habib Investments       Equity                   15.88          15.48        28-04-06

United Growth &

Income Fund                     UBL Fund Managers Ltd        Income                109.4699       107.8521        28-04-06

                                                             Growth                107.8521       104.6165        28-04-06

United Money Mkt. Fund          UBL Fund Managers Ltd          Class 'A'           108.5947       108.5947        03-05-06

                                                              Class 'C'            108.5947       107.5947        03-05-06

Unit Trust of Pakistan          ABAMCO                       Balanced             10,787.64      10,473.43        02-05-06

UTP Income Fund                 ABAMCO                       Income                  569.54         558.36        02-05-06

UTP Islamic Fund                ABAMCO                       Islamic Equity          930.50         903.39        02-05-06

UTP - Agg. Asset Alloc.         ABAMCO                       Equity                  107.12         103.99        02-05-06

UTP - Fund of funds.            ABAMCO                       Equity                   61.90          60.68        02-05-06

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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                   41.96                       02-05-06

ABAMCO Comp. Fund               ABAMCO                       Equity                   13.68                       02-05-06

ABAMCO S.M. Fund                ABAMCO                       Equity                   22.91                       02-05-06

ABAMCO Capital Fund             ABAMCO                       Equity                   20.96                       02-05-06

AKD Index Tracker Fund          AKD Investments              Equity                   12.43                       02-05-06

Al Meezan Mutual Fund           Al Meezan Investments        Equity                   19.22                       02-05-06

Asian Stocks Fund               Asian Cap. Mang.             Equity                       -                              -

Atlas Fund of Funds             Atlas Asset Mang.            Equity                   12.57                       28-04-06

BSJS Balanced Fund              ABAMCO                       Balanced                 17.50                       02-05-06

First Dawood M. Fund            Dawood Capital Mang.         Equity                   13.52                       27-04-06

First Cap. Mutual Fund.         First Capital Inv. Ltd       Equity                  13.34*                       02-05-06

Golden Arrow Stock Fund         AKD Investments              Equity                 08.97**                       02-05-06

Meezan Balanced Fund            Al Meezan Investments        Islamic Balanced         13.39                       02-05-06

Pakistan Premier Fund           Arif Habib Investments       Equity                   19.28                       02-05-06

Pakistan S.A. Fund              Arif Habib Investments       Equity                   14.55                       02-05-06

PICIC Growth Fund               PICIC Asset Mang.            Equity                 49.48**                       29-04-06

PICIC Investment Fund           PICIC Asset Mang.            Equity                   23.43                       29-04-06

PICIC Energy Fund               PICIC Asset Mang.            Equity                   11.06                       29-04-06

Prudential Stock Fund           Prudential Fund Mang.        Equity                       -                              -

Safeway Mutual Fund             Safeway Mang.                Equity                       -                              -

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