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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Fidelity Inv Bank         31.12.2003    10% (F)    203.610**         -                   -
First Standard
 Investment Bank          31.12.2003    Nil          6.588           -                   -
Progressive Insurance
 Co Ltd                   31.12.2003    Nil          0.377     30.04.2004    29.04.2004 to
                                                                                06.05.2004
Javed Omer
 Vohra & Co Ltd           31.03.2004    -         1390.268*          -                   -
Trust Inv Bank            31.12.2003    Nil       (140.848)**  30.04.2004    30.04.2004 to
                                                               11:15 am         06.05.2004
The Pakistan              -             -             -        30.04.2004    21.04.2004 to
 General Insurance                                             11:00 am         28.04.2004
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Indications
(F) = Final Dividend
-- Accounts for the nine months ended - 31.03.2004.
-- Accounts for the eighteen months ended - 31.03.2004.