Dividend/Bonus Announcements

Dividend/Bonus Announcements by 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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Pakistan Reinsurance Co  31.12.2003    25%      297.296            -            21.04.2004

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