Board Meetings of Companies listed on the Karachi Stock Exchange.

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Company                      SCHEDULED ON    TIME         PLACE                         TO CONSIDER
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Frontier Ceramics Limited    30.11.2004     11:30 am      Peshawar           Annual Accounts of the
                             Tuesday                                           Company for the year
                                                                               ended 30th June 2004
Union Bank Limited           18.12.2004      3:00 pm      Lahore               Budget and Corporate
                             Saturday                                                action, if any
Elahi Cotton Mills Limited   08.12.2004     10:30 am      Islamabad         Annual Audited Accounts
                             Wednesday                                         for the period ended
                                                                                  September 30,2004
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