Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

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COMPANY                     SCHEDULED ON   TIME      TO CONSIDER              R E M A R K S
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Frontier Ceramics Ltd         06.04.2006   11:00 am    Annual Accounts for the   Meeting in
                              Thursday                 year ended June 30, 2005    progress
American Life Insurance       06.04.2006   03:30 pm    Annual Accounts for the   Meeting in
 Company (Pakistan) Ltd       Thursday                 year ended
                                                       December 31, 2005           progress
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