Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 31, 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              104.8046      103.5107      30-05-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.         56.44         55.06      30-05-06

Askari Income Fund                Askari Inv Mang Ltd             Income - Class B      105.56        104.15      31-05-06

                                  Askari Inv Mang Ltd             Income - Class C      104.15        102.74      31-05-06

AKD Opportunity Fund              AKD Investments                 Equity                 46.10         44.70      30-05-06

Atlas Income Fund                 Atlas Asset Mang.               Income                562.49        551.46      31-05-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                685.13        671.70      31-05-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                122.60        120.15      31-05-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income              111.5279      110.4236      31-05-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced              110.19        107.77      30-05-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                106.01        104.96      30-05-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market          100.57        100.57      31-05-06

KASB Liquid Fund

 (with contingent back-end load)  KASB Funds Ltd                  Money Market          100.57        100.06      31-05-06

National Investment Trust         National Inv.  Trust            Equity                 50.75         48.95      30-05-06

NAFA Cash Fund                    National Fullerton Asset Mange  Money Market           10.10         10.10      29-05-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity         79.32         77.54      30-05-06

MSF - Perpetual                   Arif Habib Investments          Income                 47.69         47.64      30-05-06

MSF - 12/07                       Arif Habib Investments          Income                 50.56         50.51      30-05-06

MSF - 12/12                       Arif Habib Investments          Income                 56.08         56.02      30-05-06

Pakistan Income Fund              Arif Habib Investments          Income                 55.40         54.65      31-05-06

Pak Int''l Islamic Fund - A        Arif Habib Investments          Islamic                49.37         48.14      29-05-06

Pakistan Stock Market             Arif Habib Investments          Equity                119.38        116.40      30-05-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                 15.12         14.74      30-05-06

United Growth & Income Fund       UBL Fund Managers Ltd           Income              110.5347      108.9012      30-05-06

                                                                  Growth              108.9012      105.6342      30-05-06

United Money Mkt. Fund            UBL Fund Managers Ltd           Class ''A''           109.3880      109.3880      31-05-06

                                                                  Class ''C''           109.3880      108.2941      31-05-06

Unit Trust of Pakistan            ABAMCO                          Balanced            9,844.03      9,557.30      30-05-06

UTP Income Fund                   ABAMCO                          Income                574.12        562.85      30-05-06

UTP Islamic Fund                  ABAMCO                          Islamic Equity        831.43        807.20      30-05-06

UTP - Agg. Asset Alloc.           ABAMCO                          Equity                 90.57         87.93      30-05-06

UTP - Fund of Funds.              ABAMCO                          Equity                 57.01         55.88      30-05-06

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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                 38.19                    30-05-06

ABAMCO Comp. Fund                 ABAMCO                          Equity                10.56*                    30-05-06

ABAMCO S.M. Fund                  ABAMCO                          Equity                 20.90                    30-05-06

ABAMCO Capital Fund               ABAMCO                          Equity                 18.96                    30-05-06

AKD Index Tracker Fund            AKD Investments                 Equity                 10.09                    30-05-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                 17.38                    30-05-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                     -                           -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                 12.13                    30-05-06

BSJS Balanced Fund                ABAMCO                          Balanced               15.18                    30-05-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                 12.66                    29-05-06

First Cap. M. Fund.               First Capital Inv. Ltd          Equity               12.91**                    22-05-06

Golden Arrow Stock Fund           AKD Investments                 Equity              08.06***                    30-05-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced       12.67                    30-05-06

Pakistan Premier Fund             Arif Habib Investments          Equity                 17.84                    30-05-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                 13.51                    30-05-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                43.31*                    29-05-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                19.94*                    29-05-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                 10.07                    29-05-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                     -                           -

Safeway Mutual Fund               Safeway Mang.                   Equity                     -                           -

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