Karachi Stock Exchange's Clearing Schedule for T+2 System.

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                 CLEARING SCHEDULE FOR T+2 SYSTEM
         FOR THE MONTH OF JANUARY AND FEBRUARY 2012
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY                 DATE                     DAY
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16.01.2012      Monday           18.01.2012            Wednesday
17.01.2012      Tuesday          19.01.2012             Thursday
18.01.2012      Wednesday        20.01.2012               Friday
19.01.2012      Thursday         23.01.2012               Monday
20.01.2012      Friday           24.01.2012              Tuesday
23.01.2012      Monday           25.01.2012            Wednesday
24.01.2012      Tuesday          26.01.2012             Thursday
25.01.2012      Wednesday        27.01.2012               Friday
26.01.2012      Thursday         30.01.2012               Monday
27.01.2012      Friday           31.01.2012              Tuesday
30.01.2012      Monday           01.02.2012            Wednesday
31.01.2012      Tuesday          03.02.2012             Thursday
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NOTES:
1) 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.