Last dates of renunciation/payment. ======================================================================== LAST DATE FOR RENUNCIATION/PAYMENT ======================================================================== COMPANY Last Date Spot From At Premium ======================================================================== Shaheen Cotton 09.02.2005 02.02.2005 - Meezan Bank 09.02.2005 02.02.2005 - AKD Securities 11.02.2005 - at Premium Rs

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Right issues proposed by companies listed on Karachi Stock Exchange. =================================================== PROPOSED RIGHT ISSUES =================================================== Beema Pakistan 21% Pakistan Gen Insurance 33.33% Emco Ind.(at a discount of 50%) 33% TRG Pakistan 60% Crescent Standard Mod

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"Under Suspension" Companies listed on the Karachi Stock Exchange. ========================================================================= COMPANY Date of COMPANY Date of Suspension Suspension ========================================================================= Tri-Star Shipping 31-08-1998 Tariq Cotton 22.04.2002 Dadabhoy Leasing 10-11-1998 Kohinoor Oil 23.07.2002 Tobacco International 27-01-2000 Turbo

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Karachi Stock Exchange's Clearing Schedule for T+3 System. ============================================================= CLEARING SCHEDULE FOR T+3 SYSTEM JAN & Feb 2005 ============================================================= TRANSACTION TRANSACTION SETTLEMENT SETTLEMENT DATE DAY DATE DAY ============================================================= 27.01.2005 Thursday 01.02.2005 Tuesday 28.01.2005 Friday 02.02.2005

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Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges. =============================================================================================== Dividend/ Name of companies Book Closures AGM Commencement Bonus/Right From To of spot (Percentage)

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The open end mutual funds. ========================================================== Types of Asset Offer/ Red/ Validity Names of Manager Sale Rep Date/s Funds Price Price ---------------------------------------------------------- Equity Funds ---------------------------------------------------------- NIT NIT 42.00 40.50 31.01.2005 PSM AHIML 114.12 111.27 31.01.2005

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The open end mutual funds. ========================================================== Types of Asset Offer/ Red/ Validity Names of Manager Sale Rep Date/s Funds Price Price ---------------------------------------------------------- Equity Funds ---------------------------------------------------------- NIT NIT 42.00 40.50 31.01.2005 PSM AHIML 114.12 111.27 31.01.2005

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The open end mutual funds. ========================================================== Types of Asset Offer/ Red/ Validity Names of Manager Sale Rep Date/s Funds Price Price ---------------------------------------------------------- Equity Funds ---------------------------------------------------------- NIT NIT 42.00 40.50 31.01.2005 PSM AHIML 114.12 111.27 31.01.2005

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The Unit Prices for February 01, 2005. ============================= Class Offer Redemption Rs Rs ============================= ''A'' 101.5294 101.5294 ''C'' 101.5294 100.5141 ============================= Portfolio Risk-weighted Profile ''A+''. Copyright Business Recorder, 2005

The Unit Prices for February 01, 2005. ============================= Class Offer Redemption Rs Rs ============================= 'A' 101.5294 101.5294 'C' 101.5294 100.5141 ============================= Portfolio Risk-weighted Profile 'A+'. Copyright Business Recorder, 2005