Dates of despatch of dividend warrants and bonus share certificates.

==============================================================================
Company                    Year Ended/Ending   Dividend/Bonus    Dispatched on
==============================================================================
Dadabhoy Sack Limited             06.30.2005  7.5%  Dividend        11.19.2005
Escorts Investment Bank Limited   06.30.2005    5%  Bonus shares    11.22.2005
Shield Corporation Limited        06.30.2005  12.5% Dividend        11.22.2005
Fazal Textile Mills Limited       06.30.2005    25% Dividend        11.22.2005
==============================================================================