Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

============================================================================================

Company                     SCHEDULED ON   TIME      PLACE                       TO CONSIDER

============================================================================================

Zephyr Textiles Limited      14.07.2006   03:00 pm   Lahore             To fix the number of

                             Friday                                         directors of the

                                                                        company for the next

                                                                          term of three year

                                                                                   effective

                                                                             August 16, 2006

Dawood Money Market Fund     15.07.2006   10:30 am   Karachi              Approve & announce

                             Saturday                                         the Net Assets

                                                                                 Value (NAV)

Fayzan Manufacturing         18.07.2006   09:30 am   Colombo                 Accounts for th

 Modaraba                    Tuesday                (Colombo)                 Second Quarter

                                                                           (Half Year) ended

                                                                               June 30, 2006

Fauji Fertiliser Bin         25.07.2006   10:00 am   Rawalpindi         Half Yearly Accounts

 Qasim Ltd                   Tuesday                                     (January-June 2006)

============================================================================================