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)
============================================================================================================
Jahangir Siddiqui & Co           -              -               -          -        -          23.10.2007 to
 Class (A) Preference Shares                                                                      29.10.2007
============================================================================================================

Indications:
-- Book closure for conversion of Class "A" Preference Shares into Ordinary share of Rs 10/- each at a conversion premium of Rs 90/- per share in the ratio of 1 (one) fully paid up Ordinary share of the Company shall be issued for every 10 (ten) Class "A" Preference shares. For further details please refer our notice no. KSE/N-3751 dated 2/7/2007.