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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Maple Leaf Cement         30.09.2004       50%(R)     147.296           -        01.12.2004 to
                                           30%Pref                                  15.12.2004
                                           Shares x
Dawood Hercules           30.09.2004       35%(ii)    481.233**         -        12.11.2004 to
                                                                                    18.11.2004
Agriauto Industries       30.09.2004            -      64.638*          -                    -
First Punjab Mod          30.09.2004            -      10.013*          -                    -
Ecopack Limited           30.09.2004            -      14.682*          -                    -
Pak Elektron Ltd          30.09.2004            -      71.795***        -                    -
(TFC) First Oil &         -                     -           -           -        25.10.2004 to
 Gas Securitisation                                                               04.11.2004xx
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Indications
-- Accounts for the quarter ended = 30.09.2004
-- Accounts for nine months ended = 30.09.2004
-- Accounts for the 1st Quarter ended = 30.09.2004 -- (ii) = 2nd Interim Dividend
-- Maple Leaf Cement Factory Ltd -- 50% (50 shares for every 100 shares held @Rs 18/- per share (inclusive of premium of Rs 8/- per share) 30% preference shares (30 shares for every 100 shares held) @Rs 10/- each subject to approval of shareholders & SECP).
-- (TFC) First Oil & Gas Securitisation Co - Book Closure for the purpose of payment of profit/Redemption of the transferee