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Investor Guide ALL YOU NEED TO KNOW (Vol: I) 1. INTRODUCTION 03 2. WHAT IS THE STOCK EXCHANGE? 03 2.1 What is the Role of the stock exchange?Stock Exchanges in Pakistan 03 2.2 Trading and Settlement 04 2.3 T+3 Settlement System 04 2.4 Benefits of T+3 Settlement System 04 2.5 Provisionally Listed Counter 04 2.6 Spot/T+1 Transactions 04 2.7 Futures Contract 04 3. WHAT ARE SHARES? 05 3.1 Why Do Companies Issue Shares? 06 3.2 Why Do Investors Buy Shares? 06 3.3 What are Dividends? 06 3.4 What is Capital Growth? 07 3.5 Risks and Rewards 07 4. TIPS FOR INVESTING WISELY 08 4.1 Know What Investment Products are Available 08 4.2 Know Your Investment Profile 08 4.3 Do Your Homework Before You Invest 08 4.4 Think Long-term 09 4.5 Avoid Putting All Your Eggs In One Basket 09 4.6 Beware of Scams 09 5. INVESTOR PROTECTION 10 6. GLOSSARY OF STOCK MARKET TERMS 11 1. INTRODUCTION Everyone today appreciates the need to save whether for a house, for children’s education, a wedding, or for use after retir

Thal Industries Year Ended 30-09-2008 PAT PKR 104.520 Millions E.P.S. PKR 6.96 Cash Div. @ 15% (F)

Mirpurkhas Sugar Mills Year Ended 30-09-2008 PAT PKR 37.350 Millions E.P.S. PKR 5.85 Cash Div. @ 10%

Habib Sugar Mills Year Ended 30-09-2008 PAT PKR 403.747 Millions E.P.S. PKR 5.61 Cash Div @ 25% (F) Bonus Shares @ 33.33%

By M.C. Govardhana Rangan Pakistan stocks tumbled for a ninth day, extending a 29 percent drop this month, on mounting concern brokers may be forced out of business. Habib Bank Ltd. and Pakistan Petroleum Ltd. led declines. “Brokers are working on an off-market settlement to avoid default,” said Habib-ur-Rehman, chief executive officer at Atlas Asset Management Ltd. in Karachi. “The saving grace is that at least some transactions took place today compared with none in the past few days.” The benchmark Karachi 100 index fell 2.1 percent to 6,522.23 at the 12 p.m. midday break. Daily trading in the past five days fell to 0.04 percent of the average for the year, data compiled by Bloomberg showed. The National Clearing Co., which handles all of the nation’s stock transactions, said in a statement on Dec. 24 it suspended the trading of 32 brokers as of Dec. 23. These include 20 of 200 working on the Karachi Stock Exchange, the country’s biggest bourse, it said. “A solution to the brokers’

KARACHI: Karachi Stock Exchange Board has decided to take immediate steps towards helping out the stock members, whose membership cards have been suspended. According to KSE sources, the committee, formed to resolve issues relating to CFS market, have decided to buy stocks at rates 12 per cent lower than December 24 prices from the members whose membership cards have been suspended.The CFS financiers will buy these stocks worth Rs3.90 billion.

The Karachi Stock Exchange may start trading on Friday with a glimmer of hope because its most pressing problem of stuck-up funds in the Continuous Funding System (CFS) MK II moved towards a solution, acceptable to both the financiers and financees. A committee formed by Adviser to the Prime Minister on Finance Shaukat Tarin on Wednesday and headed by chairman of the Mutual Fund Association of Pakistan Najam Ali entered into a heated debate with all stakeholders, banks, financiers, financees, mutual funds, financial institutions and others. Sources told Dawn on Thursday that an ‘amicable’ solution was finally found, whereby one half of the amount of Rs7 billion in CFS would be picked up by the financiers and the other half by the government and state-controlled institutions. That would be on a ‘haircut’ (discount) of 12.5 per cent to the value of the stocks prevailing on Dec 24. The unsettled amount in the CFS stood at Rs9.8 billion, of which Rs2.8 billion was available with the Nation