Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

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

Company                                                                         Rate

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

Pervez Ahmed Securities (at a discount of Rs. 5/- i.e. Rs. 5/- per share)   231.08 %

Pervez Ahmed Securities (at a discount of 80% i.e. Rs 2/- per share)        189.39 %

Media Times Ltd. (at a discount of Rs 5/- per share)                            14 %

Summit Bank Ltd.                                                                65 %

Jahangir Siddiqui & Co. Ltd. (Preference Right Shares)                          15 %

Pak Gulf Leasing Ltd. (at a dis. of Rs 3/- per share)                        28.15 %

Summit Bank Ltd.                                                           11.2443 %

Crescent Star Insurance Ltd                                                  30.25 %

Allied Rental Modaraba (at a permiem of Rs 5/= per share)                    13.96 %

Merit Packaging Ltd.                                                           100 %

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