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

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CLEARING SCHEDULE FOR T+3 SYSTEM
FOR THE MONTHS OF DECEMBER 2006 & JANUARY 2007
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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06.12.2006      Wednesday        11.12.2006               Monday
07.12.2006      Thursday         12.12.2006              Tuesday
08.12.2006      Friday           13.12.2006            Wednesday
11.12.2006      Monday           14.12.2006             Thursday
12.12.2006      Tuesday          15.12.2006               Friday
13.12.2006      Wednesday        18.12.2006               Monday
14.12.2006      Thursday         19.12.2006              Tuesday
15.12.2006      Friday           20.12.2006            Wednesday
18.12.2006      Monday           21.12.2006             Thursday
19.12.2006      Tuesday          22.12.2006               Friday
20.12.2006      Wednesday        26.12.2006              Tuesday
21.12.2006      Thursday         27.12.2006            Wednesday
22.12.2006      Friday           28.12.2006             Thursday
26.12.2006      Tuesday          29.12.2006               Friday
27.12.2006      Wednesday
28.12.2006      Thursday         05.01.2007               Friday
29.12.2006      Friday
01.01.2007      Monday
03.01.2007      Wednesday        07.01.2007              Tuesday
04.01.2007      Thursday
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NOTES:
1). No CFS Release and CFS Market will be available on 27, 28.12.2006 and 01, 03.01.2007. Wednesday, Thursday & Monday, Wednesday
2). HOLIDAY:
Birthday of Quaid-e-Azam = Christmas = 25.12.2006 (Monday).
3). Subject to appearance of Moon.
Eid-ul-Azha 10 th, 11th, 12th Zilhajj
31.12.2006 (Sunday) 01.01.2007 (Monday) 02.01.2007 (Tuesday)
01.01.2007 (Monday) (OR) 02.01.2007 (Tuesday) (OR) 03.01.2007 (Wednesday)
02.01.2007 (Tuesday) 03.01.2007 (Wednesday) 04.01.2007 (Thursday)
Bank Holiday = 01.01.2007 (Monday).
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.