Dates of despatch of dividend warrants and bonus share certificates.

==============================================================================
Company                Year Ended/Ending   Dividend/Bonus        Dispatched on
==============================================================================
Union Bank Limited             12.31.2005    20% Dividend           04.06.2006
                                             20% Bonus
Shell Pakistan Limited         06.30.2006    80% Interim dividend   04.03.2006
==============================================================================