Karachi Stock Exchange's Clearing Schedule for T+3 System.

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CLEARING SCHEDULE FOR T+3 SYSTEM AUGUST & SEPTEMBER 2004
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TRANSACTION     TRANSACTION   SETTLEMENT           SETTLEMENT
DATE            DAY           DATE                        DAY
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05.08.2004      THURSDAY         10.08.2004           TUESDAY
06.08.2004      FRIDAY           11.08.2004         WEDNESDAY
09.08.2004      MONDAY           12.08.2004          THURSDAY
10.08.2004      TUESDAY          13.08.2004            FRIDAY
11.08.2004      WEDNESDAY        16.08.2004            MONDAY
12.08.2004      THURSDAY         17.08.2004           TUESDAY
13.08.2004      FRIDAY           18.08.2004         WEDNESDAY
16.08.2004      MONDAY           19.08.2004          THURSDAY
17.08.2004      TUESDAY          20.08.2004            FRIDAY
18.08.2004      WEDNESDAY        23.08.2004            MONDAY
19.08.2004      THURSDAY         24.08.2004           TUESDAY
20.08.2004      FRIDAY           25.08.2004         WEDNESDAY
23.08.2004      MONDAY           26.08.2004          THURSDAY
24.08.2004      TUESDAY          27.08.2004            FRIDAY
25 .08.2004     WEDNESDAY        30.08.2004            MONDAY
26.08.2004      THURSDAY         31.08.2004           TUESDAY
27.08.2004      FRIDAY           01.09.2004         WEDNESDAY
30.08.2004      MONDAY           02.09.2004          THURSDAY
31.08.2004      TUESDAY          03.09.2004            FRIDAY
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NOTES:
If any necessity arises, the Karachi Stock Exchange reserves the right to alter or vary the above dates. In case any settlement is postponed for whatsoever reasons, the same shall take place on the next working day.