Karachi Stock Exchange's Clearing Schedule for T+3 System.

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CLEARING SCHEDULE FOR T+3 SYSTEM February & March 2005
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TRANSACTION     TRANSACTION      SETTLEMENT        SETTLEMENT
DATE            DAY              DATE                     DAY
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16.03.2005      Wednesday        21.03.2005            Monday
17.03.2005      Thursday         22.03.2005           Tuesday
18.03.2005      Friday           24.03.2005          Thursday
21.03.2005      Monday.          25.03.2005            Friday
22 03.2005      Tuesday          28.03.2005            Monday
24.03.2005      Thursday         29.03.2005           Tuesday
25.03.2005      Friday           30.03.2005         Wednesday
28.03.2005      Monday           31.03.2005          Thursday
29.03.2005      Tuesdeay         01.04.2005            Friday
30.03.2005      Wednesday        04.04.2005            Monday
31.03.2005      Thursday         05.04.2005           Tuesday
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NOTES:
(1) Holidays:
Pakistan Day: March 23, 2005 (Wednesday)
(2) If any necessity arises, the Karachi Stock Exchange reserves the right to alter or vary the above dates. In case any settlement is postponed for whatsoever reasons, the same shall take place on the next working day.