Al Meezan Investment Management – Daily Fund Prices for May 28, 2014

Name of the Fund                                                     Date        Repurchase    Offer       NAV

Meezan Islamic Fund (MIF)                                        May 28, 2014       56.13      57.78

Al Meezan Mutual Fund Limited (AMMF)                             May 28, 2014       15.78      16.24

KSE Meezan Index Fund (KMIF)                                     May 28, 2014       70.35      72.42

Meezan Islamic Income Fund (MIIF) Type B Units                   May 28, 2014       51.27      51.61

Meezan Islamic Income Fund (MIIF) Type C Units                   May 28, 2014       51.27      51.27

Maturity of Meezan Capital Protected Fund (MCPF) Type A Units    May 28, 2014                              57.83

Meezan Cash Fund (MCF)                                           May 28, 2014                              50.05

Meezan Sovereign Fund (MSF)                                      May 28, 2014       51.29      51.64

Meezan Tahaffuz Pension Fund (MTPF) Equity sub fund              May 28, 2014                             318.60

Meezan Tahaffuz Pension Fund (MTPF) Debt sub fund                May 28, 2014                             183.24

Meezan Tahaffuz Pension Fund (MTPF) Money Market sub fund        May 28, 2014                             182.22

Meezan Aggressive Allocation Plan                                May 28, 2014       62.98      64.67

Meezan Moderate Allocation Plan                                  May 28, 2014       59.49      60.69

Meezan Conservative Allocation Plan                              May 28, 2014       57.07      57.84

MCPF-III                                                         May 28, 2014                              51.43

MBF                                                              May 28, 2014       15.29      15.70