Arif Habib Investments – Daily Prices for January 18, 2016

Name of the Fund                                                                Date         Redemption Price   Offer

MCB Pakistan Stock Market Fund                                            January 18, 2015         75.63        78.75

Pakistan Income Fund                                                      January 18, 2015         55.52        57.03

Pakistan Capital Market Fund                                              January 18, 2015          9.98        10.25

Pakistan International Element Islamic Asset Allocation Fund – Type A     January 18, 2015         56.14        58.46

MetroBank-Pakistan Sovereign Fund-Perpetual                               January 18, 2015         55.50        56.62

Pakistan Strategic Allocation Fund                                        January 18, 2016          9.22         9.60

Pakistan Cash Management Fund                                             January 19, 2016         51.8091       0.00

Pakistan Income Enhancement Fund                                          January 18, 2016         55.88        57.40

MCB Cash Management Optimizer                                             January 19, 2016        103.4282     103.4282

MCB Pakistan Asset Allocation Fund                                        January 18, 2016         76.2755      79.4265

MCB DCF Income Fund                                                       January 18, 2016        109.6643     111.8836

MCB Islamic Income Fund – TYPE A                                          January 18, 2016        103.0921     105.1784

Pakistan Sarmaya Mehfooz Fund                                             January 18, 2016        105.0379       N/A

Pakistan Pension Fund – Equity                                            January 18, 2016                     361.18

Pakistan Pension Fund – Debt                                              January 18, 2016                     214.81

Pakistan Pension Fund – Money Market                                      January 18, 2016                     197.91

Pakistan Islamic Pension Fund -Equity                                     January 18, 2016                     362.71

Pakistan Islamic Pension Fund -Debt                                       January 18, 2016                     182.42

Pakistan Islamic Pension Fund -Money Market                               January 18, 2016                     165.65