Interim Distribution of PICIC Asset Management Company Limited

Karachi, PICIC Asset Management Company Limited informed Pakistan Stock Exchange that the Chief Executive Officer on June 24, 2016, under the authority granted by the Board of Directors of PICIC Asset Management Company Limited will consider and approve, if deemed fit, interim distribution out of the profits earned by the funds for the period ended June 23, 2016.

The register of the unit holders will remain closed on June 24, 2016.

PICIC Asset Management Company Limited (PICIC AMC) is a medium sized company. PICIC AMC is registered as a Non-Banking Finance Company (NBFC) licensed by the Securities and Exchange Commission of Pakistan (SECP) to provide Asset Management and Investment Advisory services within a legal framework of the prevailing Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 and the Non-Banking Finance Companies and Notified Entities Regulations, 2008.

With the launch of two Shariah-compliant open-end mutual funds in May 2014, PICIC AMC is managing six open-end funds and two closed-end funds on behalf of around 32,000 Investors and total Assets under Management (AUM) of PKR 22,946 million as of 31st March 2016. We also offer PICIC Bespoke, customized investment solutions, which comprises discretionary and non-discretionary portfolio management services.