Dividend/Bonus Announcements by 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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Reliance Cotton         30.09.2003      12.5%     46.772     30.01.2004     24.01.2004 to
                                                             7:00 pm           31.01.2004
Gulistan Spinning       30.09.2003      7.5%        5.715    29.01.2004     28.01.2004 to
                                                             10:00 am          01.02.2004
Mian Textile Industry   30.09.2003      Nil        14.644    31.01.2004     25.01.2004 to
                                                             10:00 am          31.01.2004
Alhamd Textile Mills    30.09.2003      Nil        24.091    31.01.2004                 -
                                                             2:30 pm
Ghani Textile Ltd       30.09.2003      Nil        2.262     31.01.2004     29.01.2004 to
                                                             11:00 am          05.02.2004
International General   -               -          -         30.01.2004     23.01.2004 to
Insurance Co of                                              (EOGM)*           30.01.2004
Pakistan Ltd
(TFC) Pakistan PTA        -             -          -         -              23.01.2004 to
                                                                             01.02.2004**
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Indications
-- International General Insurance Co of Pakistan Limited (Source: Business Recorder dated: January 07, 2004)
-- EOGM to be for the purpose to pass Special Resolution regarding to approve investment in associated companies having foreign investment u/s 208 of the Companies Ordiance, 1984, to invest a sum of up to Rs 100 million in shares of Packages Limited to be purchased at a price prevailing at the Stock Exchange at the time of purchase, as and when considered appropriate.
-- (TFC) Pakistan PTA Limited
-- Book Closure for the purpose to determine entitlement to the 5th installment of the redemption amount due on 2 February, 2004.