Faysal Asset Management Limited’s board of directors,’ meeting

Karachi: This is to inform you that a meeting of the Board of Directors of Faysal Asset Management Limited (FAML), Management Company of Faysal Balanced Growth Fund (FBGF), Faysal Income and Growth Fund (FIGF), Faysal Savings Growth Fund (FSGF), Faysal Islamic Savings Growth Fund (FISGF) and Faysal Money Market Fund (FMMF) listed on Karachi Stock Exchange, will be held on Saturday, October 22, 2011 at 11:00AM to consider the Un-Audited financial statements for the first quarter ended September 30, 2011.

II- Closed of Period of FBGF, FIGF, FSGF, FISGF and FMMF

In compliance with the provisions of regulation No.35 (xxvi) of the Code of Corporate Governance of the Exchange, the Management has determined a “Closed Period” for trading in Units of Faysal Balanced Growth Fund, Faysal Income and Growth Fund, Faysal Savings Growth Fund, Faysal Islamic Savings Growth Fund and Faysal Money Market Fund from October 21, 2011 to October 22, 2011 (both days inclusive) during which Directors, Chief Executive Officer, Sponsor Companies and Executives of Faysal Asset Management Limited shall not deal in the Units of FBGF, FIGF, FSGF, FISGE and FMMF In any manner directly or indirectly.

III- Book Closure Period of FBGF, FIGF, FSGF, FISGF and FMMF

Please be informed that Unit Transfer Book of Faysal Balanced Growth Fund, Faysal Income and Growth Fund, Faysal Savings Growth Fund, Faysal Islamic Savings Growth Fund and Faysal Money Market Fund, will remain closed from October 21, 2011 to October 22, 2011 (both days inclusive). Unit holders whose name appear in the Register at the close of the business on October 20, 2011 will be entitled to dividends (cash and/ or bonus), if any, declared by the Board in its meeting to be held on October 22, 2011 at 11:00 AM.

IV- Financial Results

Since Saturday, October 22, 2011 is non-trading day at KSE, the declaration of Financial Results by the Board will therefore be faxed/ delivered to you on the next trading day i.e. on Monday, October 24, 2011 (between 9:15 a.m. to 9:30 a.m. ) as per KSE Rules and Regulations.

Transactions in units of Faysal Balanced Growth Fund, Faysal Income and Growth Fund, Faysal Savings Growth Fund, Faysal Islamic Savings Growth Fund and Faysal Money Market Fund will recommence from Monday, October 24, 2011.

For more information, contact:
Mian Ejaz Ahmed
Company Secretary
Faysal Asset Management Limited
8th Floor, Tower A (801-806 and 818),
Saima Trade Tower, I.I. Chundrigar Road, Karachi
UAN: (021) 111 329 725
Fax: (021) 2277301
Website: www.faysalfunds.com

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