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

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CLEARING SCHEDULE FOR T+3 SYSTEM
FOR THE MONTHS OF OCTOBER & NOVEMBER 2006
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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16.10.2006      Monday           19.10.2006             Thursday
17.10.2006      Tuesday       23/27.10.2006        Monday/Friday
18.10.2006      Wednesday        30.10.2006               Monday
19.10.2006      Thursday         31.10.2006              Tuesday
23.10.2006      Monday
27.10.2006      Friday           01.11.2006            Wednesday
30.10.2006      Monday           02.11.2006             Thursday
31.10.2006      Tuesday          03.11.2006               Friday
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NOTES:
1) No CFS Release and CFs market will be available on 23.10.2006 (Monday)
2) HOLIDAYS:-
Jummah-Tul-Wida: 20.10.2006(Friday).
Shab-e-Qadar: 27th Ramazan-ul-Mubarrak 21.10.2006 (Saturday)
3.) Subject to appearance of moon.
Eid-ul-Fitar: 1st, 2nd and 3rd Shawwal: 23.10.2006 (Monday), 24.10.2006 (Tuesday) and 25.10.2006 (Wednesday) or 24.10.2006 (Tuesday), 25.10.2006 (Wednesday) and 26.10.2006 (Thursday) or 25.10.2006 (Wednesday), 26.10.2006 (Thursday) and 27.10.2006 (Friday).
4) 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.