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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Fayzan Mfg. Mod           30.09.2004       2.4% x      64.219           -        09.11.2004 to
                                                                                     15.11.004
J O V & Co                30.09.2004       -          (75.968)*         -                    -
Haydari Construction      30.09.2004       -           (0.440)*         -                    -
Century Paper & Board     30.09.2004       -           90.110**         -                    -
NDLC-IFIC Bank            30.09.2004       -           73.363**         -                    -
Habib Insurance           30.09.2004       -           49.022***        -                    -
KSB Pumps Co Ltd          30.09.2004       -           37.107***        -                    -
(TFC) KASB Leasing        -                -             -              -                   xx
Shakarganj Mills          -                85%           -              -        22.10.2004 to
                                           Pref (R)++                               30.10.2004
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Indications
-- Third Interim Dividend
-- Accounts for the 1st Quarter ended = 30.09.2004
-- Accounts for the quarter ended = 30.09.2004
-- Accounts for the nine months ended = 30.09.2004 -- (TFC) KASB Leasing Limited
-- For details please refer notice No.KSE/N-5349 dated October 15, 2004.
-- NDLC-IFIC Bank Limited -- Basic earning per share-pre tax - 0.2456 -- Basic earning per share-after tax - 0.5969
-- Shakarganj Mills Ltd -- Cumulative redeemable preference shares.