Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (October 20, 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                 105.0704    103.7733     13-10-06

AMZ Plus Stock Fund               AMZ Asset Mang.                 Equity                   108.88      105.71     18-10-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.            60.08       58.61     18-10-06

Askari Income Fund Class B        Askari Inv Mang Ltd             Income - Class B         104.18      104.18     19-10-06

Askari Income Fund Class C        Askari Inv Mang Ltd             Income - Class C         104.18      104.18     19-10-06

AKD Opportunity Fund              AKD Investments                 Equity                    51.15       50.55     18-10-06

Atlas Income Fund                 Atlas Asset Mang.               Income                   525.92      515.61     19-10-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                   617.26      605.16     18-10-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                   106.65      104.55     19-10-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income                 104.2564    103.2242     18-10-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced                 108.50      106.11     19-10-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                   104.97      103.92     19-10-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market             103.14      103.14     19-10-06

KASB Liquid Fund

 (with contingent back-end load)  KASB Funds Ltd                  Money Market             103.14      102.62     19-10-06

National Investment Trust         National Inv.  Trust            Equity                    49.05       47.30     19-10-06

NAFA Cash Fund                    National Fullerton Asset Mange  Income                  10.2942     10.2942     12-10-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity            64.16       62.72     18-10-06

MSF - Perpetual                   Arif Habib Investments          Income                    46.08       46.03     18-10-06

MSF - 12/07                       Arif Habib Investments          Income                    51.35       51.30     18-10-06

MSF - 12/12                       Arif Habib Investments          Income                    52.42       52.37     18-10-06

Pakistan Income Fund              Arif Habib Investments          Income                    52.26       51.55     19-10-06

Pak Int''l Islamic Fund - A        Arif Habib Investments          Islamic                   50.71       49.45     18-10-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                    93.36       91.03     18-10-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                    12.56       12.25     18-10-06

United Growth & Inc Fund-Income

United Growth & Inc Fund-Growth   UBL Fund Managers Ltd           Income                 105.4120    103.8542     19-10-06

                                                                  Growth                 103.8542    100.7386     19-10-06

United Money Mkt. Fund-class A    UBL Fund Managers Ltd           Class ''A''              102.9517    102.9517     20-10-06

United Money Mkt. Fund-class C                                    Class ''C''              102.9517    101.9222     20-10-06

United Stock Advantage Fund       UBL Fund Managers Ltd           Class ''A''                107.56      104.93     18-10-06

Unit Trust of Pakistan            JS ABAMCO Limited               Balanced               8,204.31    7,965.33     18-10-06

UTP - Income Fund                 JS ABAMCO Limited               Income                   532.50      522.05     18-10-06

UTP - Islamic Fund                JS ABAMCO Limited               Islamic Equity           635.23      635.23     18-10-06

UTP - Agg. Asset Alloc.           JS ABAMCO Limited               Equity                    61.81       60.00     18-10-06

UTP - Fund of Funds               JS ABAMCO Limited               Equity                    53.96       52.89     18-10-06

UTP - A 30+ Fund                  JS ABAMCO Limited               Equity                    58.58       57.42     18-10-06

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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                    11.45                 18-10-06

AKD Index Tracker Fund**          AKD Investments                 Equity                  11.60**                 17-10-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                    15.07                 18-10-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                        -                        -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                    11.05                 18-10-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                  16.07                 18-10-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                    12.38                 16-10-06

First Cap. M. Fund.               First Capital Inv. Ltd          Equity                    11.32                 11-10-06

Golden Arrow Stock Fund**         AKD Investments                 Equity                   8.05**                 13-10-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced          11.33                 18-10-06

Pakistan Premier Fund             Arif Habib Investments          Equity                    16.05                 17-10-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                    11.46                 17-10-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                    45.14                 18-10-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                    20.10                 18-10-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                    10.70                 18-10-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                        -                        -

Safeway Mutual Fund               Safeway Mang.                   Equity                        -                        -

UTP Growth Fund                   JS ABAMCO                       Equity                    19.27                 18-10-06

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