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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Business &                31.12.2003    10%           -         27.04.2004   15.05.2004 to
 Industrial Ins                        (R)x                     10:30 am        20.05.2004
First International
 Investment Bank          31.03.2004    -           30.302*       -                      -
 NDLC-IFIC Bank           31.03.2004    -           40.043***     -                      -
Trust Leasing
 Corporation Ltd          31.03.2004    20% (R)xx  105.073***     -          23.04.2004 to
                                                                                29.04.2004
Shabbir Tiles &
 Ceramics Limited         -             -             -         06.05.2004   30.04.2004 to
                                                               (EOGM)**         06.05.2004
Reliance Weaving          -             -             -         30.04.2004   21.04.2004 to
                                                               (EOGM)xxx        30.04.2004
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Indications
-- Accounts for the nine months ended - 31.03.2004
-- Accounts for the quarter ended - 31.03.2004
-- Shabbir Tiles & Ceramics Ltd.
-- EOGM to be held for the purpose of Election of Directors.
-- Business & Industrial Insurance Co Ltd.
-- 10% right shares at a discount of 40% ie Rs 6/- each subject to the approval of share-holders and Securities & Exchange Commission of Pakistan.
-- Trust Leasing Corporation Ltd.
-- Right share 20% at a premium of Rs 5/- per share.
-- Reliance Weaving Mills Limited.
-- EOGM to be held for the purpose to pass special resolution to add sub-clause No 12 in clause No III of the Memorandum of Association of the Company and to incorporate following New sub-clause therein:
"To invest money or purchase of Shares or any other securities of any Company or any Industrial Undertaking Upto the extent of Rs 250.00 Million out of reserves of the Company.