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

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                 CLEARING SCHEDULE FOR T+2 SYSTEM
                FOR THE MONTH OF JUNE AND JULY 2012
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TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY                 DATE                     DAY
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05.06.2012      Tuesday          07.06.2012             Thursday
06.06.2012      Wednesday        08.06.2012               Friday
07.06.2012      Thursday         11.06.2012               Monday
08.06.2012      Friday           12.06.2012              Tuesday
11.06.2012      Monday           13.06.2012            Wednesday
12.06.2012      Tuesday          14.06.2012             Thursday
13.06.2012      Wednesday        15.06.2012               Friday
14.06.2012      Thursday         18.06.2012               Monday
15.06.2012      Friday           19.06.2012              Tuesday
18.06.2012      Monday           20.06.2012            Wednesday
19.06.2012      Tuesday          21.06.2012             Thursday
20.06.2012      Wednesday        22.06.2012               Friday
21.06.2012      Thursday         25.06.2012               Monday
22.06.2012      Friday           26.06.2012              Tuesday
25.06.2012      Monday           27.06.2012            Wednesday
26.06.2012      Tuesday          28.06.2012             Thursday
27.06.2012      Wednesday        29.06.2012               Friday
28.06.2012      Thursday             -                         -
29.06.2012      Friday           03.07.2012              Tuesday
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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.