Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

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                               FOR THE YEAR                PROFIT/(LOSS)    ANNUAL        CLOSURE OF
                                ENDED/HALF/   DIVIDEND/        AFTER        GENERAL            SHARE
                               YEAR ENDED      BONUS/         TAXATION      MEETING         TRANSFER
COMPANY                      QUARTER ENDED     RIGHT      (Rs in million)     ON               BOOKS
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Al-Azhar Textile Mills Limited       -        -                   -       15.08.2006               -
                                                                                             (EOGM)*
Colony Textile Mills Limited         -        -                   -           -         18.08.2006**
 (Colony Mills Ltd)
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INDICATIONS:
-- EOGM to be held for the purpose to pass special resolution, for details please see our notice No KSE/N-4865 dated August 8, 2006.
-- Final date for determination of the entitlement of the shareholders of Colony Textile Mills Limited and Landsend (Private) Limited fixed as August 18, 2006. ratio for swap of shares Colony Textile Mills Limited and Landsend (Private) Limited with those of Colony Mills Limited as 9.5 shares of Colony Mills Limited to the shareholders of Colony Textile Mills Limited and 1.5 shares of Colony Mills Limited to the shareholders of Landsend (Private) Limited as per the terms of the approved Scheme of Arrangement.