Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

=========================================================================================

                         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

=========================================================================================

Shahtaj Textile Ltd     03.09.2003      15%       21.294     30.01.2004     18.01.2004 to

                                                             11:00 am          31.01.2004

The Thal Ind Corp       03.09.2003      Nil     (118.115)      -            30.01.2004 to

                                                                               05.02.2004

Crescot Mills Limited   30.09.2003      Nil        2.603     30.01.2004     22.01.2004 to

                                                                               30.01.2004

First Capital Sec Corp  -               -           -        29.01.2004     22.01.2004 to

                                                            (EOGM)             29.01.2004

WorldCALL Comm          -               -           -        29.01.2004     22.01.2004 to

                                                            (EOGM)             29.01.2004

=========================================================================================