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

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                 CLEARING SCHEDULE FOR T+2 SYSTEM
               FOR THE MONTH OF APRIL AND MAY 2012
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY                 DATE                     DAY
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19.04.2012      Thursday         23.04.2012               Monday
20.04.2012      Friday           24.04.2012              Tuesday
23.04.2012      Monday           25.04.2012            Wednesday
24.04.2012      Tuesday          26.04.2012             Thursday
25.04.2012      Wednesday        27.04.2012               Friday
26.04.2012      Thursday         30.04.2012               Monday
27.04.2012      Friday           02.05.2012            Wednesday
30.04.2012      Monday           03.05.2012             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.
Holiday: Labour Day Tuesday, May 01, 2012
NOTES: Karachi Stock Exchange's announcement was not received on Friday.