American Express bank limited has announced the rates of profit on PLS deposits for the period of six months ended on 31st December 2004.

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AMERICAN EXPRESS BANK LIMITED
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Type of Deposits                         % p.a.
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Savings - PLS
Upto 49,999                                0.20
50,000 to 99,999                           0.30
100,000 to 199,999                         0.35
200,000 to 299,999                         0.45
300,000 to 499,999                         0.60
500,000 & above                            0.85
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We are also submitting the Rate of returns offered by our bank for other PLS Deposits maintained with us during July to December 2004.

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1 month                             (upto) 4.15
3 months                            (upto) 2.50
6 months                            (upto) 2.90
1 year                              (upto) 3.00
Saving - Rupees Plus                (upto) 1.25
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