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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Ecopack Ltd *             30.06.2004        10%         58.162      13.10.2004   01.10.2004 to
                                            50%(B)                     3:00 pm      12.10.2004
                                           100%(R)
First Al-Noor Modaraba    30.06.2004     10.50%           -         26.10.2004   20.10.2004 to
                                                                     2:00 pm**      05.11.2004
Crescent Steel            30.06.2004         -            -         30.09.2004   22.09.2004 to
 & Allied Products                                                   3:00 pm x      30.09.2004
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Indications
-- Ecopack Limited - For details please refer Notice No KSE/N-4271 dated September 9, 2004
-- First Al-Noor Modaraba - Review Meeting
-- Crescent Steel & Allied Products
Source: Business Recorder
Dated: September 09, 2004
-- For details please refer Notice No KSE/N-4281 dated September 9, 2004.