Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

============================================================================================================
                                  YEAR       Profit/(Loss)    EPS      ANNUAL      CLOSURE OF
                                 ENDED/      DIVIDEND/       After      (Rs)        GENERAL            SHARE
                              HALF YEARLY/     BONUS/      Taxation                 MEETING         TRANSFER
COMPANY                        QUARTERLY       RIGHT       (Rs in                                      BOOKS
                                ACCOUNTS                   million)
============================================================================================================
Mustehkam Cement Ltd           2007             22% R           -          -        -          21.07.2007 to
                                                                                                  28.07.2007
Union Insurance Co of          -                -               -          -     23.07.2007    17.07.2007 to
 Pakistan Ltd                                                                    EOGM +           23.07.2007
Siemens (Pakistan) Engg        -                -               -          -     30.07.2007    23.07.2007 to
 Co Ltd                                                                          EOGM             30.07.2007
============================================================================================================

Indications:
R Right Issue at a premium of Rs 80/- per share
-- Union Insurance Co - EOGM - for details please refer our notice no. KSE/N-3741 dated 29.06.2007.