Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

==============================================================================================
                           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
==============================================================================================
Shezan Int                30.06.2004        75%         66.128       30.10.2004  25.10.2004 to
                                                                       11:00 am     15.11.2004
Haroon Oils Ltd           30.06.2004        14%          1.379       29.10.2004  22.10.2004 to
                                                                        3:00 pm     29.10.2004
The National Silk
 & Rayon Mills            30.06.2004        12%          2.479       20.10.2004  13.10.2004 to
                                                                        4:00 pm     20.10.2004
Fecto Cement              30.06.2004        10%         92.529       29.10.2004  23.10.2004 to
                                                                       10:30 am     29.10.2004
Polyron Limited           30.06.2004       Nil         (34.496)      28.10.2004  20.10.2004 to
                                                                        8:00 am     28.10.2004
Pakistan Inter- national
 Container Terminal       30.06.2004       Nil          25.511                -              -
                                             *
Data Agro                 30.06.2004       Nil          10.410       30.10.2004  27.10.2004 to
                                                                       11:00 am     02.11.2004
Sardar Chemical
 Industries Limited       30.06.2004       Nil           0.758                -              -
Dadabhoy Cement           30.06.2004       Nil          18.326                -              -
Dadabhoy Sack             30.06.2004       Nil          14.619                -              -
Pak German Pref           30.06.2004       Nil          (1.759)               -              -
Pakistan Engg.            30.06.2004       Nil         (16.128)      25.10.2004  18.10.2004 to
                                                                       10:30 am     25.10.2004
Hashimi Can Co            30.06.2004         5%**      326.249       29.10.2004  20.10.2004 to
                                                                       11:00 am     29.10.2004
Caravan East Fab          30.06.2004       Nil           3.619       20.10.2004              -
                                                                        9:00 am
First International
 Investment Bank                   -         -               -       25.10.2004  18.10.2004 to
                                                                       11:00 am     25.10.2004
==============================================================================================

Indications
-- Pakistan International Container Terminal - Issuance of Preference Shares.
The Board has recommended an issuance of Preference Shares through right issue amounting to Rs 300,000,000/- divided into 30,000,000 shares of Rs 10/- each
-- Hashimi Can Co - The Directors have approved a cash dividend of 5% for the year ended 30th June, 2004 to minority shareholders only as sponsor Directors have decided to forgo the dividend they are entitled for the year under review.