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

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CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF
                       JULY & AUGUST 2007
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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17.07.2007     Tuesday           20.07.2007               Friday
18.07.2007     Wednesday         23.07.2007               Monday
19.07.2007     Thursday          24.07.2007              Tuesday
20.07.2007     Friday            25.07.2007            Wednesday
23.07.2007     Monday            26.07.2007             Thursday
24.07.2007     Tuesday           27.07.2007               Friday
25.07.2007     Wednesday         30.07.2007               Monday
26.07.2007     Thursday          31.07.2007              Tuesday
27.07.2007     Friday            01.08.2007            Wednesday
30.07.2007     Monday            02.08.2007             Thursday
31.07.2007     Tuesday           03.08.2007               Friday
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NOTES:
1.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.