Cross Transactions

Cross transactions between client to client reported on Friday (September 24, 2004).

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FINANCIAL INSTITUTIONS

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Code Nos Turnover of Shares   Company                                 Rate

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151           700,000          Umer Fabrics Limited                  36.00

151           100,000          Shakarganj Mills Limited              50.00

198            58,600          Sapphire Fibres Mills Limited         76.00

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Total         858,600

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