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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Atlas Insurance Company Ltd   12.31.2005       30% Bonus shares          5/29/06

KSB Pumps Company Limited     12.31.2005       30% Dividend              5/29/06

Hinopak Motors Limited        12.31.2005       60% Dividend              5/31/06

Pakistan Gum & Chemicals Ltd  12.31.2005       30% Dividend

                                               10% Bonus shares          5/29/06

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