Dates of despatch of dividend warrants and bonus share certificates.

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Company                        Year Ended/Ending  Dividend/Bonus           Dispatched on
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Colgate-Palmolive                  30.06.2004      100% Dividend              11.11.2004
 (Pakistan) Limited
Pakistan Paper Products Limited    30.06.2004       40% Dividend              20.11.2004
Ismail Industries Limited          30.06.2004       15% Dividend              20.11.2004
(TFC) Shahmurad Sugar                       -       5th Redemption Cheque     20.11.2004
 Mills Limited
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