Asian Stocks Fund Limited’s conversion of Asian Stocks Fund Limited into an open end scheme in terms of regulation 55 of the NBFC and NE regulation, 2008

Karachi, July 09, 2013 (PPI-OT): This s with reference to our letter dated January 31, 2013 regarding the decision of the shareholders to convert the Company from a Closed End Fund (Investment Company) to an Open End Scheme and our update dated July 1, 2013.

In this regard, we are writing to inform you that through a letter reference SCD/AMCW/ASFL/619/2013 dated July 2, 2013, SECP has directed us that the effective date for conversion has been extended until July 30, 2013. We have been further advised to disseminate this information to the shareholders, custodian and to the Stock Exchanges(s) where ASFL is listed.

You may please inform the members of the Exchange accordingly.

For more information, contact:
Tehmeena Khan
Company Secretary
Asian Stocks Fund Limited
D-A1, Block 9, Scheme V,
Clifton, Karachi, Pakistan
Tel: (021) 35869233-33
Fax: (021) 35869236

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