Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

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COMPANY               SCHEDULED ON   TIME      TO CONSIDER             R E M A R K S
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First Habib Modaraba   10.09.2004   3:30 pm    Annual Accounts for     Board meeting
                       Friday                  the year ended                  is in
                                               June 30, 2004                progress
Bolan Bank Limited     10.09.2004   3:30 pm    Increase in             Board meeting
                       Friday                  Authorized and Paid-up          is in
                                               Capital of the Bank as       Progress
                                               per the Circular of the       and the
                                               State Bank of Pakistan        results
                                              (BSD circular No 12)           will be
                                               dated August 25, 2004)    conveyed on
                                                                          13.09.2004
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