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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Pakistan Oilfields Limited         30.06.2004      125% Final Dividend        12.11.2004

Grays of Cambridge (Pak) Limited   30.06.2004      200% Final Dividend        12.11.2004

Ferozsons Laboratories Limited     30.06.2004       40% Final Dividend        13.11.2004

                                                    40% Bonus

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