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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International Industries Limited   30.06.2004  75% Final Dividend             01.09.2004

Pakistan International             31.12.2004   5% Interim Dividend 'A' Class 02.08.2004

Airlines Corp                                   5% Interim Dividend 'B' Class          -

Century Paper & Board Mills Ltd    30.06.2004  45% Dividend                   01.09.2004

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