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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United Bank Limited             09.30.2005   -           3,797.943       -                     -
(TFC) Union Bank Ltd                -        -                   -       -         08.12.2005 to
                                                                                    21.12.2005 *
(TFC) Al-Zamin Leasing Modaraba     -        -                   -       -         21.11.2005 to
                                                                                    30.11.2005**
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* Book Closure for the purpose of redemption of 6th coupon of TFCs Issue (21.12.2002).
** Book Closure for the purpose to determine the names of the TFC holders (Second Tranche) entitled to receive six monthly profit.