UBL declares PLS profit rates

United Bank Limited has declared the following rates of profit on PLS deposits for the period of six months ended on December 31, 2003.

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                                           July 1 -    Aug 1 -   Nov 1 -    Dec 1,

                                          July 31,    Oct 31,    Nov 30,   Dec 31,

                                           2003        2003      2003         2003

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Deposit Tiers & Products                   %p.a.       %p.a.      %p.a.      %p.a.

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PLS Savings Accounts:

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PLS Savings Accounts                       1.00         0.75      0.75        0.75

For minimum balance below Rs 10,000/=      0.10         0.10      0.10        0.10

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UniSaver PLS Accounts (Regular):

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Up to Rs 3 million                         1.00         0.50      0.50        0.50

Over Rs 3 million up to Rs 5 million       1.00         0.60      0.60        0.60

Over Rs 5 million up to Rs 10 million      1.05         0.60      0.60        0.60

Over Rs 10 million up to Rs 50 million     1.10         0.60      0.60        0.60

Over Rs 50 million up to Rs 250 million    1.15         0.60      0.60        0.60

Over Rs 250 million up to Rs 500 million   1.20         0.70      0.70        0.70

Over Rs 500 million up to Rs 5 billion     1.25         0.75      0.75        0.75

Over Rs 5 billion                          1.25         0.75      1.30        1.60

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Special Notice Deposits:

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7 to 29 days                               1.00         0.60      0.60        0.60

30 days and above                          1.25         0.75      0.75        0.75

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PLS Term Deposits:

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1 month                                    1.00         0.75      0.75        0.75

2 months                                   1.25         0.80      0.80        0.80

3 months                                   1.25         0.80      0.80        0.80

6 months                                   1.50         0.90      0.90        0.90

1 year                                     1.75         1.00      1.00        1.00

2 years                                    2.00         1.25      1.25        1.25

3 years                                    2.25         1.25      1.25        1.25

4 years                                    2.75         1.50      1.50        1.50

5 years                                    3.00         1.50      1.50        1.50

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