PPI Original Text (PPI-OT) – Al Meezan announces tenth Interim Dividend for Meezan Cash Fund for Fiscal Year 2011-2012

Karachi, May 24, 2012 (PPI-OT): Al Meezan Investment Management Limited (Al Meezan) is pleased to announce tenth interim dividend payout for Meezan Cash Fund (MCF) @ Rs. 0.45 per unit. The details of the dividend are as following:

Fund Period Dividend (Rs.) % of par value Total return
per unit of Rs. 50/- % for FY12
Meezan Cash Fund (MCF)

April 21, 2012

0.45

0.90%

11.14%

to May 22, 2012

The payouts are in the form of Bonus Units to the Growth Unit holders and Cash Dividend to the Income Unit holders. A Growth Unit holder having 100 units of MCF as at May 22, 2012 will get 0.8991 additional units at the ex-div. NAV of Rs. 50.05 while an Income Unit holder will get Cash Dividend of Rs. 0.45 per unit.

Al Meezan is one of the leading asset management companies in the private sector in Pakistan with total assets under management of over Rs.39 billion and AM2 rating by JCR-VIS denoting High Quality Management. Al Meezan offers a complete range of investment solutions to meet the varying investment needs of its investors which exceed 20,000 clients including over 350 institutional investors.

For more information, contact:
Al Meezan Investment Management Limited
Registered Office
Ground Floor, Block B,
Finance and Trade Centre (FTC)
Sharah-E-Faisal
Karachi, 74400
UAN: 111-633-926 (Meezan)
Tel: (92-21) 5630722-26
Fax: (92-21) 5676143

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