Dates of despatch of dividend warrants and bonus share certificates.

=======================================================================================
Company                    Year Ended/Ending   Dividend/Bonus             Dispatched on
=======================================================================================
(TFC) Telecard Ltd               -             Redemption Warrants for       26.11.2007
                                               Profit Payment - 5th Installment
Zulfeqar Industries Ltd        30.06.2007      10% Bonus Shares              21.11.2007
                                               30% Dividend Warrants         26.11.2007
Haji Dossa Ltd                 30.06.2007      15% Final Dividend Warrants   28.11.2007
Ellcot Spinning Mills Ltd      30.06.2007      20% Final Dividend Warrants   27.11.2007
Nagina Cotton Mills Ltd        30.06.2007      15% Final Dividend Warrants   27.11.2007
BMA Principal
 Guaranteed Fund -1            30.06.2007       6% Bonus Shares              27.11.2007
=======================================================================================