First of all, I express my grief and condolences to the families including NJI Life policyholders who were victims of catastrophic earthquake on Saturday, the 8th October, 2005, leaving thousands of people killed and injured and millions homeless in northern Pakistan. I pray to Allah Almighty to give courage and fortitude to all of us to bear this irreparable loss and strength to help each other through our nation’s hour of need.

Secondly, I wish to thank the NJI Life’s Management for reposing confidence in me and appointing me as Head of Individual Life Marketing following departure of Mr. Pervaiz Ahmed. I assure the NJI Life’s Management that I would leave no stone unturned in discharge of my duties as Head of Individual Life Marketing to the best of my abilities.

I am pleased to inform all our clientele that unit growth rates of our Managed Fund, Sarmaya Fund and Pension Fund were appreciably enhanced during the period from 01.07.2005 to 30.09.2005. During this 3 months period, the increase in unit price of our Managed Fund was 8.61%, Sarmaya Fund was 18.51% and Pension Fund was 3.01%. With these increases, our unit growth rates are now better than any other insurance company in the country. We are optimistic about the last quarter's investment performance and look forward to serving our clients better.