Karachi Stock Exchange's Clearing Schedule for T+3 System.

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CLEARING SCHEDULE FOR T+3 SYSTEM
FOR THE MONTHS OF JULY & AUGUST 2006
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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18.07.2006      Tuesday          21.07.2006               Friday
19.07.2006      Wednesday        24.07.2006               Monday
20.07.2006      Thursday         25.07.2006              Tuesday
21.07.2006      Friday           26.07.2006            Wednesday
24.07.2006      Monday           27.07.2006             Thursday
25.07.2006      Tuesday          28.07.2006               Friday
26.07.2006      Wednesday        31.07.2006               Monday
27.07.2006      Thursday         01.08.2006              Tuesday
28.07.2006      Friday           02.08.2006            Wednesday
31.07.2006      Monday           03.08.2006             Thursday
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NOTES:
* If any necessity arises, the Karachi Stock Exchange reserves the right to alter or vary the above dates. In case any settlement is postponed for whatsoever reasons, the same shall take place on the next working day.