Despatch of dividend warrants

Dates of despatch of dividend warrants and bonus share certificates.

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Company                        Year Ended/Ending  Dividend/Bonus           Dispatched on

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Colgate-Palmolive                  30.06.2004      100% Dividend              11.11.2004

 (Pakistan) Limited

Pakistan Paper Products Limited    30.06.2004       40% Dividend              20.11.2004

Ismail Industries Limited          30.06.2004       15% Dividend              20.11.2004

(TFC) Shahmurad Sugar                       -       5th Redemption Cheque     20.11.2004

 Mills Limited

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