NOTICE OF POSTPONEMENT OF GENERAL MEETING OF CERTIFICATE HOLDERS

HBL ASSET MANAGEMENT LIMITED 

PICIC INVESTMENT FUND

 NOTICE OF POSTPONEMENT OF

GENERAL MEETING OF CERTIFICATE HOLDERS

This is in reference to the Notice of General Meeting of the Certificate Holders of PICIC Investment Fund ("PIF") that was intended to be held on March 27, 2017, as published in Business Recorder on March 3, 2017.

 Certificate Holders of PIF are hereby notified that the Securities and Exchange Commission of Pakistan has advised the Management Company to postpone the General Meeting for the time being and revise the conversion plan. Therefore the General Meeting scheduled for March 27, 2017 has been postponed. Once the new date and plan is finalized, fresh Notices will be issued to the Certificate Holders of PIF and published in newspapers accordingly.   

 Noman Qurban                                                                      

Company Secretary

 Karachi: March 22, 2017