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

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CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF
                SEPTEMBER & OCTOBER 2007
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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04.09.2007     Tuesday           06.09.2007             Thursday
05.09.2007     Wednesday         07.09.2007               Friday
06.09.2007     Thursday          10.09.2007               Monday
07.09.2007     Friday            11.09.2007              Tuesday
10.09.2007     Monday            12.09.2007            Wednesday
11.09.2007     Tuesday        13/14.09.2007      Thursday/Friday
12.09.2007     Wednesday            -                          -
13.09.2007     Thursday          17.09.2007               Monday
14.09.2007     Friday            18.09.2007              Tuesday
17.09.2007     Monday            19.09.2007            Wednesday
18.09.2007     Tuesday           20.09.2007             Thursday
19.09.2007     Wednesday         21.09.2007               Friday
20.09.2007     Thursday          24.09.2007               Monday
21.09.2007     Friday            25.09.2007              Tuesday
24.09.2007     Monday            26.09.2007            Wednesday
25.09.2007     Tuesday           27.09.2007             Thursday
26.09.2007     Wednesday         28.09.2007               Friday
27.09.2007     Thursday          01.10.2007               Monday
28.09.2007     Friday            02.10.2007              Tuesday
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NOTES:
1) Holiday: Closure of Banks for Public Dealing on 1st Ramzan subject to appearance of Moon. 13.09.2007 Thursday or 14.09.2007 Friday.
2) CFS release and open market CFS session will not be available on 21 September, 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.