Arif Habib Investments – Daily Prices for January 25, 2016

Name of the Fund                                                                Date         Redemption Price   Offer

MCB Pakistan Stock Market Fund                                            January 25, 2015         77.12        80.31

Pakistan Income Fund                                                      January 25, 2015         55.56        57.07

Pakistan Capital Market Fund                                              January 25, 2015         10.07        10.34

Pakistan International Element Islamic Asset Allocation Fund – Type A     January 25, 2015         56.55        58.89

MetroBank-Pakistan Sovereign Fund-Perpetual                               January 25, 2015         55.55        56.67

Pakistan Strategic Allocation Fund                                        January 25, 2015          9.33         9.72

Pakistan Cash Management Fund                                             January 26, 2016         51.8627       0.00

Pakistan Income Enhancement Fund                                          January 25, 2015         55.91        57.43

MCB Cash Management Optimizer                                             January 26, 2016        103.5278     103.5278

MCB Pakistan Asset Allocation Fund                                        January 25, 2015         76.5472      79.7094

MCB DCF Income Fund                                                       January 22, 2015        109.7479     111.9689

MCB Islamic Income Fund – TYPE A                                          January 22, 2015        103.1736     105.2616

Pakistan Sarmaya Mehfooz Fund                                             January 22, 2015        105.4914       N/A

Pakistan Pension Fund – Equity                                            January 22, 2015                     367.09

Pakistan Pension Fund – Debt                                              January 22, 2015                     215.00

Pakistan Pension Fund – Money Market                                      January 22, 2015                     198.06

Pakistan Islamic Pension Fund -Equity                                     January 22, 2015                     366.49

Pakistan Islamic Pension Fund -Debt                                       January 22, 2015                     182.51

Pakistan Islamic Pension Fund -Money Market                               January 22, 2016                     165.63