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
====================================================================================================
Atlas Insurance Limited            -             -               -        23.12.2006   16.12.2006 to
                                                                           (EOGM)*        23.12.2006
Nimir Industrial Chemicals Ltd     -             -               -        29.12.2006   23.12.2006 to
                                                                           (EOGM)**       29.12.2006
PICIC Insurance Ltd                -             -               -        19.12.2006   13.12.2006 to
                                                                           (EOGM)**       19.12.2006
====================================================================================================

Indications:
-- EOGM to be held for the purpose to pass special resolution for the investment u/s 208 of the Companies Ordinance 1984, for details please see our Notice No KSE/N- 7909 dated 30.11.2006.
-- EOGM to be held for the purpose of Election of Directors.