Al-Meezan Investment Management Limited’s distribution for the year ended June 30, 2012

Karachi, July 09, 2012 (PPI-OT): This is to inform you that the Board of Directors of Al-Meezan Investment Management Limited (AMIM) (Al Meezan) in its meeting held on July 09, 2012 has approved the following distribution to the Unit holders of below mentioned funds under its management and listed at Karachi Stock Exchange (Guarantee) Limited for the year ended June 30, 2012:

Meezan Islamic Fund

A payout of Rs. 8.25 (16.50%) per unit at par value of Rs. 50/-

Unit holders who have opted for Income Units will receive cash dividend while unit holders who have opted for Growth Units will be allocated bonus units in accordance with their entitlement. For bonus units, unit holders will get 19.9227 units (rounded off) for every 100 units, calculated at ex dividend net asset value per unit of Rs. 41.41/- as at June 30, 2012. The payout is 19.85% on the opening net asset value per unit of Rs. 41.57/- for FY 2011-12.

Meezan Islamic Income Fund

A final payout of Rs. 1.97 (3.94%) per unit at par value of Rs. 50/-.

Unit holders who have opted for Income units will receive cash dividend while unit holders who have opted for growth units will be allocated bonus units in accordance with their entitlement. For bonus units, unit holders will get 3.9455 units (rounded off) for every 100 units, calculated at ex-dividend net asset value per unit of Rs. 49.93 as at June 30, 2012.

This is in addition to interim payout by the fund of Rs. 2.00/- per unit.

The total distribution for FY 2011-12 is Rs. 3.97 (rounded off) per unit (7.93% of opening Ex-NAV of Rs. 50.06 as at June 30, 2011 and 7.94% of par value of Rs. 50).

The registers of the unit holders of aforementioned funds remained closed from July 1, 2012 to July 09, 2012 (both days Inclusive). The transaction in units will recommence from Tuesday July 10, 2012.

For more information, Contact:
Syed Owais Wasti
CFO and Company Secretary
Al-Meezan Investment Management Limited
Ground Floor, Block ‘B’,
Finance and Trade Centre,
Shahrah-e-Faisal, Karachi 74400, Pakistan
UAN: 1l1-633-926 (111-MEEZAN)
Fax: (92-21) 567 6143
Email: info@almeezangroup.com
Web Site: www.almeezangroup.com