Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (May 12, 2004).

=================================================
INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS
 US DOLLAR
=================================================
PERIOD FOR THE MONTH OF MAY 2004 % PA
-------------------------------------------------
For 1 week and over but less than 1 month  0.7500
For 1 and over but less than 3 months      0.7500
For 3 months                               0.7500
=================================================