Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (October 12, 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                 104.8296    103.5354     11-10-06

AMZ Plus Stock Fund               AMZ Asset Mang.                 Equity                   107.21      104.09     09-10-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.            58.69       57.26     11-10-06

Askari Income Fund Class B        Askari Inv Mang Ltd             Income - Class B         103.77      103.77     11-10-06

Askari Income Fund Class C        Askari Inv Mang Ltd             Income - Class C         103.77      103.77     11-10-06

AKD Opportunity Fund              AKD Investments                 Equity                    50.35       49.80     10-10-06

Atlas Income Fund                 Atlas Asset Mang.               Income                   524.78      514.49     11-10-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                   598.95      587.21     10-10-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                   104.95      102.80     11-10-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income                 103.6406    102.6144     29-09-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced                 106.41      104.06     11-10-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                   104.47      103.43     11-10-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market             102.90      102.90     11-10-06

KASB Liquid Fund (with

 contingent back-end load)        KASB Funds Ltd                  Money Market             102.90      102.38     11-10-06

National Investment Trust         National Inv.  Trust            Equity                    48.95       47.20     11-10-06

NAFA Cash Fund                    National Fullerton Asset Mange  Income                  10.2857     10.2857     09-10-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity            61.17       59.79     29-09-06

MSF - Perpetual                   Arif Habib Investments          Income                    45.99       45.94     10-10-06

MSF - 12/07                       Arif Habib Investments          Income                    51.25       51.20     10-10-06

MSF - 12/12                       Arif Habib Investments          Income                    52.34       52.29     10-10-06

Pakistan Income Fund              Arif Habib Investments          Income                    52.13       51.43     11-10-06

Pak Int',l Islamic Fund - A       Arif Habib Investments          Islamic                   49.83       48.59     10-10-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                    91.37       89.09     10-10-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                    12.36       12.05     10-10-06

United Growth & Inc Fund-Income

United Growth & Inc Fund-Growth   UBL Fund Managers Ltd           Income                 105.1212    103.5677     11-10-06

                                                                  Growth                 103.5677    100.4607     11-10-06

United Money Mkt. Fund-class A    UBL Fund Managers Ltd           Class 'A'              102.7369    102.7369     11-10-06

United Money Mkt. Fund-class C                                    Class 'C'              102.7369    101.7095     11-10-06

United Stock Advantage Fund       UBL Fund Managers Ltd           Class 'A'                105.78      103.20     09-10-06

Unit Trust of Pakistan            JS ABAMCO Limited               Balanced               7,965.33    7,733.32     10-10-06

UTP - Income Fund                 JS ABAMCO Limited               Income                   531.37      520.94     10-10-06

UTP - Islamic Fund                JS ABAMCO Limited               Islamic Equity           615.75      615.75     10-10-06

UTP - Agg. Asset Alloc.           JS ABAMCO Limited               Equity                    59.99       58.24     10-10-06

UTP - Fund of Funds               JS ABAMCO Limited               Equity                    53.05       52.00     10-10-06

UTP - A 30+ Fund                  JS ABAMCO Limited               Equity                    57.26       56.13     10-10-06

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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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UTP- Large Cap Fund *             JS ABAMCO                       Equity                    11.06                 10-10-06

AKD Index Tracker Fund**          AKD Investments                 Equity                  11.37**                 09-10-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                  14.48**                 29-09-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                        -                        -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                    10.95                 10-10-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                  15.68                 10-10-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                    12.26                 27-09-06

First Cap. M. Fund.               First Capital Inv. Ltd          Equity                    11.34                 05-10-06

Golden Arrow Stock Fund**         AKD Investments                 Equity                   7.78**                 27-09-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced          11.02                 29-09-06

Pakistan Premier Fund             Arif Habib Investments          Equity                    15.89                 09-10-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                    11.38                 09-10-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                    44.18                 10-10-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                    19.66                 10-10-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                    10.48                 10-10-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                        -                        -

Safeway Mutual Fund               Safeway Mang.                   Equity                        -                        -

UTP Growth Fund                   JS ABAMCO                       Equity                    18.72                 10-10-06

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