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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Prime Comm. Bank         31.12.2003    12%        276.556      24.03.2004   20.03.2004 to
                                       10% (B)                 10:00 am        31.03.2004
Agriauto Industries      31.12.2003    -           84.804*       -                      -
Merit Packaging          31.12.2003    -            9.569*       -                      -
Haydari Construction     31.12.2003    -            0.490*       -                      -
(TFC) Crescent            -            -             -           -          21.02.2004 to
Leasing Corporation                                                          05.03.2004 x
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Indications
(B) = Bonus shares
-- Accounts for the half year ended - 31.12.2003.
-- (TFC) Crescent Leasing Corporation
-- 3rd Coupon payment of TFC issue dated 05.09.2002 is becoming due on 05.03.2004, Register of TFC Holders will be closed for the purpose of the entitlement of Redemption to the transferee.