Dividend/Bonus Announcements

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

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                           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

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Chashma Sugar Mills          31.03.2004    -           (12,828)*          -                  -

Pak German Prefabs           -             -              -            07.07.2004            -

                                                                      (EOGM)**

Maple Leaf Cement            -             -              -               -      06.07.2004 to

                                                                                 19.07.2004***

Fayzan Mfg Mod               -             -              -            15.07.2004            -

                                                                      (EOGM)+

Union Bank Limited           -             -              -               -      06.07.2004 to

                                                                                  20.07.2004++

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Indications
-- (Un-audited) Profit and Loss Account for the Quarter and Half-Year ended 31.03.2004.
-- EOGM to be held to consider and pass Special resolution for the purpose of merger/amalgamation of Dadabhoy Construction Technologies (Pvt) Ltd with Pak German Prefabs Ltd, subject to completion full legal formalities and approved by The Honourable High Court of Sindh.
-- Book Closure for the purpose of 4th Redemption/Profit Payment of TFC's.
-- EOGM to be held for the purpose, to take recommendation of Board of Directors to place Quarterly
-- Accounts of Fayzan Manufacturing Modaraba on its web site, instead of sending the same by post to the certificate holders, subject to approval from Registrar, Modaraba Companies and Modaraba, SECP.
-- Book Closure for the purpose of redemption of 1st coupon of TFCs Issue (20.01.2004).
Copyright Business Recorder, 2004