Cross Transactions

Cross transactions between client to client reported on Monday (July 02, 2007).

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FINANCIAL INSTITUTIONS

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Code Nos Turnover of Shares      Company                           Rate

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046        100,000          Dewan Cement Ltd                      18.00

019         20,000          Ghandhara Industries Ltd              54.00

171        152,900          Fauji Fertilizer Co - July           123.53

171         30,000          Fauji Fertilizer Co - July           123.86

097        226,500          Pakistan Oilfield Ltd - Spot       334.7135

097        100,000          Pakistan Petroleum Ltd - Spot      267.6186

097         30,000          Oil & Gas Development Co - Spot    120.7744

112        200,000          Pakistan Petroleum Ltd               264.00

112        200,000          Pakistan Petroleum Ltd - July        266.84

112        200,000          Oil & Gas Development Co             120.50

112        200,000          Oil & Gas Development Co - July      121.80

Total    1,459,400

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