PRESS RELEASE

Dividend Announcement from Faysal Funds for Q3 FY08-09

Karachi: April 23, 2009; The Board of Directors of Faysal Asset Management Limited (FAML) has announced an interim cash/bonus dividend for quarter ended March 31, 2009 of Rs. 4.00/- per unit (4% of the par value of Rs. 100/-) for Faysal Income & Growth Fund (FIGF); and Rs. 4.00/- per unit (4% of the par value of Rs. 100/-) for Faysal Savings Growth Fund (FSGF).

Faysal Income & Growth Fund Portfolio: March 31^st, 2009

Bank Deposits 77.00%, TFCs 6.28%, Equities 3.24%,

Commercial Papers 7.11%, Others 6.37%

Faysal Savings Growth Fund Portfolio: March 31^st, 2009

Deposits & Money Market Placements 91.72%, Others 3.43%,

Commercial Papers (fertilizer Sector) 1.05%, Govt. Securities 3.80%

Faysal Asset Management Ltd. maintained its strong dividend paying history by announcing Rs. 4.00/- per unit to its unit holders of FIGF as well as FSGF. FSGF is rated A(f) while FIGF maintains one of the highest credit quality ratings in the open-ended income funds of A+(f) assigned by JCR-VIS.

FAML is a leading asset management company now holding its position as the 5^th largest AMC in terms of Assets under Management. FAML was launched in 2003 within Ithmaar Bank (Bahrain) Group of Companies. FAML brings together the collective financial expertise and investment experience of Islamic Investment Company of Gulf (IICG), with its extensive global fund management experience, Faysal Bank Limited, one of Pakistan's premier commercial bank.