Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

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                            FOR THE YEAR               PROFIT/(LOSS)   ANNUAL         CLOSURE OF

                             ENDED/HALF/  DIVIDEND/       AFTER        GENERAL             SHARE

                             YEAR ENDED    BONUS/        TAXATION      MEETING          TRANSFER

COMPANY                    QUARTER ENDED   RIGHT     (Rs in million)     ON                BOOKS

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Adam Sugar Mills Limited      09.30.2005   15%            21.206      01.27.2006   19.01.2006 to

                                                                      10:30 am        28.01.2006

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Indications:

Copyright Business Recorder, 2005