Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (November 16, 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                   103.80      100.78     13-11-06

AMZ Plus Stock Fund               AMZ Asset Mang.                 Equity                   104.16      101.12     15-11-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.            59.17       57.73     15-11-06

Askari Income Fund Class B        Askari Inv Mang Ltd             Income - Class B         104.83      104.83     15-11-06

Askari Income Fund Class C        Askari Inv Mang Ltd             Income - Class C         104.83      104.83     15-11-06

AKD Opportunity Fund              AKD Investments                 Equity                    51.45       49.90     15-11-06

Atlas Income Fund                 Atlas Asset Mang.               Income                   529.48      519.10     16-11-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                   590.62      579.04     15-11-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                    98.60       96.65     16-11-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income                 104.9890    103.9498     15-11-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced                 106.57      104.22     15-11-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                   105.92      104.87     15-11-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market             103.95      103.95     16-11-06

KASB Liquid Fund

(with contingent back-end load)   KASB Funds Ltd                  Money Market             103.95      103.43     16-11-06

National Investment Trust         National Inv.  Trust            Equity                    47.35       45.70     15-11-06

NAFA Cash Fund                    National Fullerton Asset Mang   Income                  10.3801     10.3801     13-11-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity            62.50       61.09     15-11-06

MSF - Perpetual                   Arif Habib Investments          Income                    46.36       46.31     13-11-06

MSF - 12/07                       Arif Habib Investments          Income                    51.67       51.62     13-11-06

MSF - 12/12                       Arif Habib Investments          Income                    52.69       52.64     13-11-06

Pakistan Income Fund              Arif Habib Investments          Income                    52.71       52.00     15-11-06

Pak Int'',l Islamic Fund - A       Arif Habib Investments          Islamic                   49.62       48.38     14-11-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                    88.44       86.23     14-11-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                    11.98       11.68     14-11-06

Reliance Income Fund              Noman Abid Invest. Mang         Income                  51.1974     50.4408     14-11-06

United Growth & Inc Fund-Income

United Growth & Inc Fund-Growth   UBL Fund Managers Ltd           Income                 106.1024    104.5344     15-11-06

                                                                  Growth                 104.5344     1013984     15-11-06

United Money Mkt. Fund-class A    UBL Fund Managers Ltd           Class ''A''              103.7370    103.7370     15-11-06

United Money Mkt. Fund-class C                                    Class ''C''              103.7370    102.6996     15-11-06

United Stock Advantage Fund       UBL Fund Managers Ltd           Class ''A''                103.41      100.89     14-11-06

Unit Trust of Pakistan            JS ABAMCO Limited               Balanced               7,874.94    7,645.56     15-11-06

UTP - Income Fund                 JS ABAMCO Limited               Income                   536.65      526.12     15-11-06

UTP - Islamic Fund                JS ABAMCO Limited               Islamic Equity           621.42      603.31     15-11-06

UTP - Agg. Asset Alloc.           JS ABAMCO Limited               Equity                    57.59       55.90     15-11-06

UTP - Fund of Funds               JS ABAMCO Limited               Equity                    52.45       51.41     15-11-06

UTP - A 30+ Fund                  JS ABAMCO Limited               Equity                    55.35       54.26     15-11-06

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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                    10.95                 15-11-06

AKD Index Tracker Fund**          AKD Investments                 Equity                  11.27**                 15-11-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                    14.70                 15-11-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                        -                        -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                    10.81                 15-11-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                  15.64                 15-11-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                    10.42                 13-11-06

First Cap. M. Fund.**             First Capital Inv. Ltd          Equity                  10.16**                 15-11-06

Golden Arrow Stock Fund**         AKD Investments                 Equity                   8.03**                 15-11-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced          11.19                 15-11-06

Pakistan Premier Fund             Arif Habib Investments          Equity                    15.36                 14-11-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                    11.16                 14-11-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                    42.07                 14-11-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                    18.96                 14-11-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                    10.55                 14-11-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                        -                        -

Safeway Mutual Fund               Safeway Mang.                   Equity                        -                        -

UTP Growth Fund                   JS ABAMCO                       Equity                    17.99                 15-11-06

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