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

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CLEARING SCHEDULE FOR T+3 SYSTEM
FOR THE MONTHS OF DECEMBER 2005 & JANUARY 2006
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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30.12.2005      Friday           04.01.2006            Wednesday
02.01.2006      Monday           05.01.2006             Thursday
03.01.2006      Tuesday          06.01.2006               Friday
04.01.2006      Wednesday        09.01.2006               Monday
05.01.2006      Thursday
06.01.2006      Friday           16.01.2006               Monday
09.01.2006      Monday           17.01.2006              Tuesday
10.01.2006      Tuesday          18.01.2006            Wednesday
11.01.2006      Wednesday
16.01.2006      Monday           19.01.2006             Thursday
17.01.2006      Tuesday          20.01.2006               Friday
18.01.2006      Wednesday        23.01.2006               Monday
19.01.2006      Thursday         24.01.2006              Tuesday
20.01.2006      Friday           25.01.2006            Wednesday
23.01.2006      Monday           26.01.2006             Thursday
24.01.2006      Tuesday          27.01.2006               Friday
25.01.2006      Wednesday        30.01.2006               Monday
26.01.2006      Thursday         31.01.2006              Tuesday
27.01.2006      Friday           01.02.2006            Wednesday
30.01.2006      Monday           02.02.2006             Thursday
31.01.2006      Tuesday          03.02.2006               Friday
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NOTES:
1). No Cfs Release and CFS market will be available on 05.01.2006 (Thursday) & 11.01.2006 (Wednesday)
2). HOLIDAY:
EID-UL-AZHA 10th, 11 th , 12th, ZILHAJJ.
11.01.2006 Wednesday: 12.01.2006 Thursday and 13.01.2006 Friday
3). 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.