Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

================================================================================
COMPANY                SCHEDULED ON   TIME     TO CONSIDER         R E M A R K S
================================================================================
Kot Addu Power Co Ltd   31.08.2006  12:30 pm   Annual Accounts for    Meeting in
                        Thursday               the year ended
                                               June 30, 2006            progress
Shaheen Insurance       31.08.2006  10:30 am   Half Yearly Accounts   Meeting in
 Company Limited        Thursday               for the period ended
                                               June 30, 2006            progress
================================================================================