Atlas Asset Management Limited’s Atlas Fund of Funds (ATFF) revocation process and delisting of the fund

Karachi, July 31, 2013 (PPI-OT): This is in continuation of our letter no. AAML/13-14/Co.Sec./476/139 dated July 15, 2013 on the above mentioned subject and our earlier correspondence from time to time in this regard.

We have to inform you that as the investment portfolio of ATFF consisted of four investee closed end Funds, which have recently converted to open end funds, the realization of the assets of ATFF is still in process, and is expected to be completed shortly.

In view of the above, the Securities and Exchange Commission of Pakistan (the Commission) have allowed an extension in time to Atlas Asset Management Limited (AAML), the Management Company of ATFF, to complete the revocation process of the ATFF, along with all the formalities, by August 31, 2013. A copy of the Commission’s approval letter is enclosed for your reference and record.

You may please inform the members of the Exchange accordingly.

Securities and Exchange Commission of Pakistan

Revocation under Regulation 63 of the NBFC Reg. 2008 Request for Extension of Time for Completing Revocation Formalities- Atlas Fund of Funds

I am directed to refer to your letter dated July 19, 2013 on the subject matter and to inform you that this office is pleased to grant Atlas Asset Management extension in time to complete the revocation process of Atlas Fund of Funds, along with all the formalities, by August 31, 2013.

For more information, contact:
Lilly R. Dossabhoy
Company Secretary
Atlas Asset Management Limited
Ground Floor, Federation House,
Shahrah-e-Firdausi, Clifton,
Karachi- 75600, Pakistan.
Ph: (92-21) 35379501- 04
Fax: (92-21) 35379280
UAN: 111- MUTUAL (6-888-25)
Website: www.atlasfunds.com.pk

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