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

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CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF
                 OCTOBER & NOVEMBER 2007
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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16.10.2007     Tuesday               -                         -
17.10.2007     Wednesday         19.10.2007               Friday
18.10.2007     Thursday          22.10.2007               Monday
19.10.2007     Friday            23.10.2007              Tuesday
22.10.2007     Monday            24.10.2007            Wednesday
23.10.2007     Tuesday           25.10.2007             Thursday
24.10.2007     Wednesday         26.10.2007               Friday
25.10.2007     Thursday          29.10.2007               Monday
26.10.2007     Friday            30.10.2007              Tuesday
29.10.2007     Monday            31.10.2007            Wednesday
30.10.2007     Tuesday           01.11.2007             Thursday
31.10.2007     Wednesday         02.11.2007               Friday
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NOTES:
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.