This is to inform you that as per the directive of the SECP, Al Meezan is temporarily suspending fresh issuance of units of Meezan Sovereign (MSF) Fund with immediate effect as the investment of the fund in Shariah compliant government securities is below the minimum requirement of 70% net assets. Henceforth, there will be no investment/conversion-in in MSF from September 02, 2010 till the further instructions.

Please Note That There Is No Suspension Of Redemption/Conversion-Out Of Units So Existing Investors Can Redeem/Convert-Out Their Investments In The Fund Without Any Restrictions.

The issuance of units i.e., investment/conversion-in will be resumed once the Fund has achieved its target of 70% investment of the total net assets in government securities.