First Name:DD/MM/YYYYPass. No:

Personal Details (Primary Holder):

House No:

Date of Birth:DD/MM/YYYYPass. No:

First Name:Nationality:Surname:

I.D. No:Residency:

Post Code:Bldg. Name:

Country:

Personal Details (Secondary Holder):

Title/Position:

Middle Name:Other:Mr. Mrs. Ms. Dr.

Mr. Mrs. Ms. Dr. Other:

Employer Name:

E-Mail:

I.D. No:

E-Mail:

Surname:Nationality:

Date of Birth:

KES 1,000,000

USD 10,000

KES 1,000,000

KES

KES

Bank Account Number

A/C Name Currency Bank

000 024 000 16

000 024 000 28

000 024 000 03

of Africa

Bank USD

Balanced Fund

Money Market Fund

Money Market Fund

Residency:House No: Bldg. Name: Road Name: Estate:

Please attach a SWIFT copy to the application form or scan it through with this application to unittrust@dryassociates.com

Min Initial Investment

Road Name: Estate:P. O. Box: City:

General Investment Objective:

Existing DAL Client : Yes No Existing Account Number:

Pin. No:Self-Employed Employed Retired

Payment Instructions for Initial Investment :

Occupation:

P. O. Box: Post Code: City: Country: Pin. No:

Electronic Transfer (Either Via RTGS, EFT or TT )

Cheque Please deposit the cheque at any Bank of Africa branch, ensuring to deposit the funds into the specific bank account corresponding to the Unit Trust into which you want to invest. Further, please attach a copy of the deposit slip to this application or scan a copy of the deposit slip to unittrust@dryassociates.com to ensure crediting to your account on the correct value date.

Salary /Savings Inheritance

Note: Cheques of KES 1 million or more or $35,000 or more cannot be cleared through the Kenyan banking system. USD chequestake7 business days to clear and KES cheques 2 business days to clear. Please note that bankers cheques will not be accepted.

Incoming Funds For Purchase of Unit Trusts

Interest Income Money Market option

Fund (Distribution )

Initial Amount to Invest

Dry Associates Ltd

Investment Group Individual Joint Unit Trust Approval

Annually)

Start Date (DD-MM-YYYY)

Outgoing Funds

Fund Name

Fund Name

Dry Associates Ltd

Investment Group

Next of Kin:

In this section, please specify if you want earnings to accumulate or if you want periodic payouts.

Name:

KES 250,000

KES 250,000

Amount

Periodic Investment Min Top-Up

Money Market Fund

Money Market Fund

Balanced Fund

Please check one box only for each fund in which you are investing. Please note that checking the accumulation option will provide the full benefit of compoundinggrowth.

Distribute

DistributeDry Associates LtdMoney Market Fund (USD)

Distribute

Accumulation Frequency of Payment(Choose only one per line)

Kenya Shilling Bank Account of Record: USD Bank Account of Record Bank Name: Bank Name:

Branch Name: Branch Name:Account Number: Account Number:Account Name: Account Name:SWIFT Code: SWIFT Code:

Surname: First Name:Relationship:

1. Joint Accounts In the event of two or more investors holding a joint account, the following shall apply:

2. All liability on the joint account is joint and several. 2. Next of kin

Dry Associates Ltd

Investment Group

1. Next of kin constitutes nomination. The nomination becomes effective on the demise of an investor or in the event of physical or mental infirmary and/or incapacitation rendering the investor incapable of executing instructions as regards the account.

1. The holders of the joint account authorize Dry Associates to pay or to deliver to the order of the survivors(s) or the executors/administrators of such a survivor any moneys outstanding in the joint account.

2. On the occurrence of these events, the investor authorizes Dry Associates to pay or deliver to the order of the person hereby named as the next of kin without Dry Associates incurring any liability as a result of thereof.

3. Variations 1) Dry Associates may vary the terms and conditions at any time subject to the requirements of any Regulation or Law that shall become applicable. 2) Notification of such variation shall be given to the investor(s) in writing or by such other means as Dry Associates may decide and such variation shall be binding on the investor.

1. Units are traded at the daily ruling prices and will be repurchased by Dry Associates Unit Trust in accordance with the Capital Markets (Collective Investment Schemes) Regulations, 2001 and on terms and conditions set out in the relevant Trust Deed.

2. Completed application forms and notification of deposits/cleared funds must be received for the investment to be executed. Subscription monies in cleared funds received will be dealt with on the next Dealing Day.

3. The investor and/or his/her financial advisor shall at all times be responsible for ensuring that the unit trust and its representatives receive any instructions from the investor and/or financial advisor, by mail or Email, and such instructions are complete and correct in all respects.

4. Once an account has been opened, a statement of investment will be mailed to the investor on a monthly basis. Declaration

1. The information provided in this application is true, correct and accurate and that, the money used for this investment does

not arise out of the proceeds of any money laundering or other illicit activities.

2. I/We confirm that, where this information is signed in a representative capacity, I/we have the necessary authority to do so.

3. I/We hereby consent to Dry Associates Limited verifying the information provided with others.

4. I/We have read the prospectus for each fund selected and agree to the terms of each.

5. I/We confirm that my/our application to subscribe to units in the particular Dry Associates Fund through this application is

made on the basis and terms of the conditions contained in the prospectus.

6. I/We agree to accept the number of units bought/sold by virtue of this application and warrant that we have full power and

authority to enter into and conclude this transaction.

7. I/We confirm that the units are not being acquired either directly or indirectly by or on behalf of any person restricted by law

of any relevant jurisdiction from acquiring the units.

8. I/We authorize Dry Associates Limited to act upon instructions by Email without liability in respect of any transfer, payment

or other act done in accordance with such instructions and notwithstanding that it shall be shown the same was not signed or

sent by me/us.

9. I/We shall review all statements upon receipt at the Email or Postal address, and will notify you immediately if there is a

discrepancy.

10. I consent to the disclosure of this information for compliance purposes to the companies within Dry Associates Limited or

its agents and the government.

11. I/We fully understand the funds' objectives, risk levels, income distribution and all charges as set out in the funds

fact sheets and the prospectus.

Signature of Investor Signature of Investor

Name: Name:

Date: Date:

Dry Associates Ltd

Investment Group

Copy of Personal Identification Number (PIN) certificate. Please sign the copy.

Proof of residency, such as:

Tax Exemption Certificate, if applicable.

Proof of payment into the correct Fund,

For Official Use Only

Copy of Kenyan ID or, if not available, passport for each applicant.

- Copy of SWIFT Message (MT 103)

- Copy of Cheque bank deposit slip

- Electricity Bill

- Water Bill or

- Sworn Affidavit (Can be provided by Dry Associates if required)

................................................................

Relationship Manager

Signed By:

Signature