Board Meetings of Companies listed on the Karachi Stock Exchange.

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Company                       SCHEDULED ON      TIME      PLACE                     TO CONSIDER
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Al-Abid Silk Mills Ltd        12.05.2006     11:00 am      Karachi            Issuance of Right
                              Friday                                     Shares to the existing
                                                                                   shareholders
Sindh Abadgar's Sugar Mills   12.05.2006     04:00 pm      Karachi         Half Yearly Accounts
 Ltd                          Friday                                       for the period ended
                                                                                 March 31, 2006
UTP-Growth Fund               12.05.2006      -             -              And approve the book
                              Friday                                       closure date for the
                                                                         purpose of determining
                                                                             the entitlement of
                                                                                certificates of
                                                                             UTP-Growth Fund in
                                                                            accordance with the
                                                                          Swap Ratio. The Board
                                                                         of Directors will also
                                                                            consider payment of
                                                                            interim dividend to
                                                                        the Certificate holders
                                                                        of the UTP- Growth Fund
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