Picic Commercial Bank Limited has declared the following rates of profit on PLS deposits for the period of six months ended June 30, 2006.

===========================
Type of Deposits     % p.a.
PLS Saving Bank
---------------------------
Deposits               3.50
---------------------------
Short Notice Deposits:
---------------------------
7 days                 3.00
30 days                4.00
---------------------------
Term Deposit Receipts:
---------------------------
1 month                4.00
3 months               5.50
6 months               6.50
1 year                 7.50
2 years                7.75
3 years                8.25
4 years                8.50
5 years               10.00
===========================