Karachi Stock Exchange's Clearing Schedule for T+3 System. ================================================================ CLEARING SCHEDULE FOR T+3 SYSTEM OCTOBER & November 2005 ================================================================ TRANSACTION TRANSACTION SETTLEMENT SETTLEMENT DATE DAY DATE DAY ================================================================ 21.10.2005 Friday 26.10.2005 Wednesday 24.10.2005 Monday 27.10.2005

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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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EFU Capital Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 118.32 Bid Price 112.40 ============================= Copyright Business Recorder, 2005

EFU Capital Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 118.32 Bid Price 112.40 ============================= Copyright Business Recorder, 2005

EFU Capital Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 118.32 Bid Price 112.40 ============================= Copyright Business Recorder, 2005

EFU Pension Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 98.97 Bid price 94.02 ============================= Copyright Business Recorder, 2005

EFU Pension Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 98.97 Bid price 94.02 ============================= Copyright Business Recorder, 2005

EFU Pension Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 98.97 Bid price 94.02 ============================= Copyright Business Recorder, 2005

EFU Managed Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 490.49 Bid price 465.97 ============================= Copyright Business Recorder, 2005

EFU Managed Growth Fund Rates on Tuesday (October 25, 2005). ============================= Offer price 490.49 Bid price 465.97 ============================= Copyright Business Recorder, 2005