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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Colony Textile Mills       -               -               -         05.08.2004  05.08.2004 to
                                                                     (EOGM)*        11.08.2004
Zaman Textile Mills        -               -               -         05.08.2004  28.07.2004 to
                                                                     (EOGM)**       05.08.2004
(TFC) Reliance             -               -               -           -         25.07.2004 to
 Weaving Mills Ltd                                                                07.08.2004 x
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Indications
-- Colony Textile Mills Ltd
-- EOGM to be held for the purpose to pass special resolution regarding increase in Authorised Capital of the Company (for further details please refer to Notice No KSE/3334 dated July 14, 2004).
-- Zaman Textile Mills Ltd
-- EOGM to be held for the purpose to pass Special Resolution as under.
-- Resolved that the securities of the Company is to be voluntary de-listed from Karachi Stock Exchange (Guarantee) Limited and Lahore Stock Exchange (Guarantee) Limited in accordance with the Listing Regulation as applicable to the Listed Companies, and subject to such terms as stipulated by the Exchange.
-- (TFC) Reliance Weaving Mills Ltd
-- Redemption date of 5th coupon of Term Finance Certificates (TFC).