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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Indus Motor Co Limited           30.06.2006   70% (F)      2,648.464    28.09.2006     22.09.2006 to
                                                                        09:00 am          28.09.2006
Ferozsons Lab.                   30.06.2006   40% (F)        175.869    30.09.2006     21.09.2006 to
                                              20% (B)                   11:30 am          30.09.2006
Atlas Honda Ltd                  30.06.2006   60% (F)        676.832    29.09.2006     22.09.2006 to
                                              15% (B)                   10:30 am          29.09.2006
Universal Insurance *            30.06.2006   -                4.553        -                      -
Mari Gas Co Ltd                      -        -                    -        -          11.09.2006 to
                                                                                        17.09.2006xx
Sapphire Fibres Ltd                  -        -                    -    28.09.2006     22.09.2006 to
                                                                        (EOGM)**          28.09.2006
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INDICATIONS:
(F) Final Dividend
(B) Bonus Issue
-- Half Yearly Accounts for the period ended 30.06.2006
-- EPS = Basic and Diluted
-- Mari Gas Company Limited - Book Closure for the purpose of determining the names of shareholders for issue of Notice of AGM and Annual Report for the year 30.06.2006.
-- Sapphire Fibres Limited
-- EOGM to be held for the purpose to pass resolution u/s 208 of The Companies Ordinance, 1984 in relation to accord approval to the company for further equity investment of Rs 500 million in the share capital of Sapphire Electric Company Limited which will enhance the investment upto the maximum limit of 1.1 billion.