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
==========================================================================================
Pak Suzuki Motor         31.12.2003    30%     1570.191      26.04.2004      20.04.2004 to
                                                             3:00 pm            26.04.2004
Reliance Ins             31.12.2003    10%       10.379      29.04.2004      17.04.2004 to
                                       10% (B)               12:00 Noon         29.04.2004
Central Insurance        31.12.2003    40%       77.369      28.04.2004      17.04.2004 to
                                       10% (B)               5:00 pm            28.04.2004
Habib Insurance          31.12.2003    25%       68.916      22.04.2004      08.04.2004 to
                                       30% (B)               11:00 am           22.04.2004
Muslim Insurance         31.12.2003    15%       41.155      26.04.2004      19.04.2004 to
                                       15% (B)               11:00 am           26.04.2004
Abbott Lab               29.02.2004    -        133.586*       -                         -
Masood Textile           2004          50% (R)        -        -             16.04.2004 to
                                                                                22.04.2004
Noon Textile             -             -              -      28.03.2004                  -
 Mills Limited                                               (EOGM)**
Sitara Energy Ltd        -             -              -      19.04.2004      13.04.2004 to
                                                             (EOGM)**           19.04.2004
Pak German Prefabs       -             -              -      14.04.2004      08.04.2004 to
                                                             (EOGM)x            14.04.2004
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Indications
-- Accounts for the 1st quarter ended February 29, 2004.
-- EOGM to be held for the purpose of Election of Directors.
-- Pak German Prefabs Limited
Source: Business Recorder dated 25.03.2004
-- EOGM to be held for the purpose to pass special resolution regarding the scheme of merger/amalgamation of Pak German Prefabs Limited with Dadabhoy Construction Technologies (Pvt) Limited be and is hereby approved subject to completion of all legal formalities and approval by the Honourable High Court of Sindh.