Right issues proposed by companies listed on Karachi Stock Exchange.

=============================================================
PROPOSED RIGHT ISSUE
=============================================================
Company                                                  Rate
=============================================================
Pervez Ahmed Securities
 (at a discount of Rs. 5/- i.e. Rs. 5/- per share)   231.08 %
United Brands                                           800 %
Frontier Ceramics
 (at a discount of 82% i.e. Rs 1.80 per share)          865 %
Pervez Ahmed Securities
 (at a discount of 80% i.e. Rs 2/- per share)        189.39 %
Ghani Automotive Ind.
 (at a discount of Rs 5/- i.e. Rs 5/- per share)        150 %
Media Times Ltd. (at a discount of Rs 5/- per share)     14 %
BankIslami Pakistan Ltd
 (at a discount of Rs 6.33 per share)                 11.97 %
Quice Food Industries Ltd.
 (at a discount of Rs. 8/- per share)                38.313 %
Summit Bank Ltd.                                         65 %
=============================================================