Karachi Stock Exchange's Clearing Schedule for T+3 System.

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CLEARING SCHEDULE FOR T+3 SYSTEM MARCH 2004
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TRANSACTION     TRANSACTION   SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                     DAY
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01.03.2004      MONDAY/WEDNESDAY 08.03.2004            MONDAY
04.03.2004      THURSDAY         09.03.2004           TUESDAY
05.03.2004      FRIDAY           10.03.2004         WEDNESDAY
08.03.2004      MONDAY           11.03.2004          THURSDAY
09.03.2004      TUESDAY          12.03.2004            FRIDAY
10.03.2004      WEDNESDAY        15.03.2004            MONDAY
11.03.2004      THURSDAY         16.03.2004           TUESDAY
12.03.2004      FRIDAY           17.03.2004         WEDNESDAY
15.03.2004      MONDAY           18.03.2004          THURSDAY
16.03.2004      TUESDAY          19.03.2004            FRIDAY
17.03.2004      WEDNESDAY        22.03.2004            MONDAY
18.03.2004      THURSDAY         24.03.2004         WEDNESDAY
19.03.2004      FRIDAY           25.03.2004          THURSDAY
22.03.2004      MONDAY           26.03.2004            FRIDAY
24.03.2004      WEDNESDAY        29.03.2004            MONDAY
25.03.2004      THURSDAY         30.03.2004           TUESDAY
26.03.2004      FRIDAY           31.03.2004         WEDNESDAY
29.03.2004      MONDAY           01.04.2004          THURSDAY
30.03.2004      TUESDAY          02.04.2004            FRIDAY
31.03.2004      WEDNESDAY        05.04.2004            MONDAY
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NOTES:
(1) HOLIDAYS:
Pakistan Day: March 23, 2004 (Tuesday)
(2) If any necessity arises, the Karachi Stock Exchange reserves the right to alter or vary the above dates.
In case any settlement is postponed for whatsoever reasons, the same shall take place on the next working day.