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

================================================================
CLEARING SCHEDULE FOR T+2 SYSTEM
FOR THE MONTHS OF MARCH & APRAIL 2008
================================================================
TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
================================================================
19.03.2008     Wednesday         24.03.2008               Monday
20.03.2008     Thursday                  -                     -
21.03.2008     Friday            25.03.2008              Tuesday
24.03.2008     Monday            26.03.2008            Wednesday
25.03.2008     Tuesday           27.03.2008             Thursday
26.03.2008     Wednesday         28.03.2008               Friday
27.03.2008     Thursday          31.03.2008               Monday
28.03.2008     Friday            01.04.2008              Tuesday
31.03.2008     Monday            02.04.2008            Wednesday
================================================================

NOTES:
1) Eid Milad-un-Nabi (S.A.W.S.) 12 Rabi-ul-Awal 21-03-2008 (Friday).
2) Pakistan Day = March 23, 2008 (Sunday).
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.