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

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                 CLEARING SCHEDULE FOR T+2 SYSTEM
                FOR THE MONTH OF MAY AND JUNE 2012
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY                 DATE                     DAY
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17.05.2012      Thursday         21.05.2012               Monday
18.05.2012      Friday           22.05.2012              Tuesday
21.05.2012      Monday           23.05.2012            Wednesday
22.05.2012      Tuesday          24.05.2012             Thursday
23.05.2012      Wednesday        25.05.2012               Friday
24.05.2012      Thursday         28.05.2012               Monday
25.05.2012      Friday           29.05.2012              Tuesday
28.05.2012      Monday           30.05.2012            Wednesday
29.05.2012      Tuesday          31.05.2012             Thursday
30.05.2012      Wednesday        01.06.2012               Friday
31.05.2012      Thursday         04.06.2012               Monday
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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.