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

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CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTHS OF
                   JANUARY & FEBRUARY 2008
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
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02.01.2008     Wednesday         04.01.2008               Friday
03.01.2008     Thursday          07.01.2008               Monday
04.01.2008     Friday            09.01.2008            Wednesday
07.01.2008     Monday            10.01.2008             Thursday
08.01.2008     Tuesday)
09.01.2008     Wednesday)        11.01.2008               Friday
10.01.2008     Thursday          14.01.2008               Monday
11.01.2008     Friday            15.01.2008              Tuesday
14.01.2008     Monday            16.01.2008            Wednesday
15.01.2008     Tuesday           17.01.2008             Thursday
16.01.2008     Wednesday         21.01.2008               Monday
17.01.2008     Thursday          22.01.2008              Tuesday
18.01.2008     Friday)
21.01.2008     Monday)           23.01.2008            Wednesday
22.01.2008     Tuesday           24.01.2008             Thursday
23.01.2008     Wednesday         25.01.2008               Friday
24.01.2008     Thursday          28.01.2008               Monday
25.01.2008     Friday            29.01.2008              Tuesday
28.01.2008     Monday            30.01.2008            Wednesday
29.01.2008     Tuesday           31.01.2008             Thursday
30.01.2008     Wednesday         01.02.2008               Friday
31.01.2008     Thursday          04.02.2008               Monday
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NOTES:
1) Open market CFS Session will not be available on 08 January, 2008 (Tuesday) & 18 January, 2008 (Friday).
2) General Election's = 08.01.2008 (Tuesday).
HOLIDAYS:
3) Subject to appearance of Moon.
4) 9th, 10th MUHARRAM 18.01.2008 (Friday) & 19.01.2008 (Saturday) (OR) 19.01.2008 (Saturday) & 20.01.2008 (Sunday)
5) 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.