Dividend/Bonus announcements by the 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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Adamjee Insurance Co *         30/6/2005   15% (i)       455.927      -          09.09.2005 to
                                                                                    19.09.2005
Muslim Commercial Bank Ltd *   30/6/2005   -           3,039.610      -                      -
Meezan Balanced Fund **x       30/6/2005   10%           146.636      -          06.09.2005 to
                                                                                    12.09.2005
Meezan Islamic Fund ***  x     30/6/2005   -             598.424      -                      -
(TFC) United Bank Ltd          -           -                -         -          26.08.2005 to
                                                                                 15.09.2005 xx
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Indications
(i) Interim Dividend
-- Half Yearly Accounts
-- Annual Accounts (period from November 30, 2004 to June 30, 2005.)
-- Annual Accounts
-- Net Profit
-- Book Closure for the purpose of 1st Redemption/Profit payment of Term Finance Certificate.