1 . These accounts are unaudited and are being presented as required by SRO 764(1) 2001 dated November 05, 2001 of the Securities and       Exchange Commission of Pakistan.

2 . These accounts have been prepared in accordance with the requirements of International Accounting Standard -34 (IAS-34) Interim Financial       Reporting.

3 . The accounting policies adopted in preparation of these financial statements are the same as those applied in the preparation of the preceding       annual published financial statements of the Company for the year ended March 31, 2005.

4. TRANSACTIONS WITH RELATED PARTIES

The related parties and associated undertakings comprise of local associated companies, staff retirement funds, directors and key management personnel. Transactions with related parties and associated undertakings other than remuneration and benefits to key management personnel, which are under the terms of their employment, are as follows:

5 . CORRESPONDING FIGURES

Corresponding figures have been rearranged and reclassified, wherever necessary, for the purpose of comparison.

6 . DATE OF AUTHORISATION FOR ISSUE

These financial statements were authorised for issue on January 25, 2006 by the Board of Directors of the Company.