Dates of despatch of dividend warrants and bonus share certificates.

================================================================================
Company                    Year Ended/Ending   Dividend/Bonus      Dispatched on
================================================================================
Habib Insurance Company Ltd   12.31.2005       30% Bonus shares       05.29.2006
Atlas Insurance Company Ltd   12.31.2005       70% Dividend           05.29.2006
Jahangir Siddiqui Capital
 Markets Ltd                  06.30.2006       20% Interim Bonus share 3.31.2006
The United Insurance Co Ltd   12.31.2005       35% Bonus shares       05.26.2006
Platinum Insurance Co Ltd     12.31.2005        5% Dividend           05.17.2006
================================================================================