Dividend/Bonus Announcements

Dividend/Bonus announcements by the 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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Al-Abbas Sugar Mills Ltd       9/30/2005   30%            63.431       1/26/2006   17.01.2006 to

                                                                                      26.01.2006

Shahtaj Sugar Mills Ltd        9/30/05     55% (F)       205.283       1/30/2006   23.01.2006 to

                                                                       11:00 am       04.02.2006

Clover Pakistan Limited        -           -                -          1/20/2006   14.01.2006 to

                                                                       (EOGM)*        20.01.2006

Dadabhoy Cement Industries Ltd -           -                -          1/16/2005   10.01.2006 to

                                                                       (EOGM)**       16.01.2006

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Indications:
-- EOGM to be held for the purpose of Election of Directors.
Source: Business Recorder dated 23.12.2005 - EOGM to be held for the purpose to approve the increase in the Authorized Capital of the Company from Rs 1,000,000,000 divided into 100,000,000 ordinary shares of Rs 10 each to Rs 1,500,000,000 divided into 150,000,000 ordinary shares of Rs 10/- each.
Copyright Business Recorder, 2005