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

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CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF
                     JUNE & JULY 2007
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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08.06.2007     Friday            13.06.2007            Wednesday
11.06.2007     Monday            14.06.2007             Thursday
12.06.2007     Tuesday           15.06.2007               Friday
13.06.2007     Wednesday         18.06.2007               Monday
14.06.2007     Thursday          19.06.2007              Tuesday
15.06.2007     Friday            20.06.2007            Wednesday
18.06.2007     Monday            21.06.2007             Thursday
19.06.2007     Tuesday           22.06.2007               Friday
20.06.2007     Wednesday         25.06.2007               Monday
21.06.2007     Thursday          26.06.2007              Tuesday
22.06.2007     Friday            27.06.2007            Wednesday
25.06.2007     Monday            28.06.2007             Thursday
26.06.2007     Tuesday           29.06.2007               Friday
27.06.2007*    Wednesday)
28.06.2007     Thursday)         03.07.2007**
29.06.2007     Friday            04.07.2007            Wednesday
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NOTES:
1.** Bank Holiday = July 02, 2007 (Monday).
2.* COT release and open market COT session will not be available on June 27, 2007 (Wednesday)
3.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.