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Tuesday, August 22nd, 2017

East West Life Assurance Company Limited’s application for extension in the period of holding of 20th annual general meeting for the year ended December 31, 2012

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Karachi, March 14, 2013 (PPI-OT): We have applied to the Securities and Exchange Commission of Pakistan (SECP) for extension of time for holding our 20th Annual General Meeting for the year ended December 31, 2012 up to May 31, 2013, i.e. for the month. A photocopy of the above-mentioned letter is enclosed for your reference.

As soon as the permission from Securities and Extension Commission of Pakistan is received, we will immediately approach your office along with copy of approval letter from SECP for KSE approval.

Subject: Application for Extension in the Period of Holding of 20th Annual General Meeting and Laying balance Sheet and Profit and Loss Account therein U/S 158(1) and 233(1)

With reference to the above, we are enclosing herewith following documents in duplicate in connection with the extension in the period of holding of our20th Annual General Meeting up to May 31, 2013 due to reason stated in the annexed application:

1. Application dated March 12th 2013 for extension under Rule 14 of the Companies (General Provisions and Forms) rules, 1985.

2. Affidavit under Rule 30 of the Companies (General Provisions and Forms) Rules, 1985 by the Chief Executive on a non-judicial stamp paper.

3. Audited accounts for the year ended December 31, 2011.

4. Original Paid Challan for Rs. 15,000/- being application money.

5. Certificate of Company’s Auditors.

Kindly acknowledge the receipt and accord extension up to May 31, 2013 for holding of 20th Annual General meeting and laying the Balance Sheet and Profit and loss Account for the year ended December 31, 2012 U/s 158(1) and 233(1).

Subject: Application for Extension in the Period of Holding of 20th Annual General Meeting and Laying balance Sheet and Profit and Loss Account therein U/S 158(1) and 233(1)

We refer you to the above subject and give details in connection therewith:

1. Name of Company : East West Life Assurance Company Limited
2. Address : 310, EFU House (Qamar House), M.A. Jinnah
Road Karachi
3. Registration No. : 0028157
4. Date of last AGM : March 31, 2013 (for the Financial year ending
December 31, 2011)
5. Date up to which the AGM is : April 30, 2013 (Extension required up to May
Required to be held 31, 2013)
6. Date up to which the Balance Sheet : April 30, 2013
and Profit and Loss Account and
Reports relating to accounts are
Required to be laid

7. Reasons for not holding Annual General Meeting U/S 158(1) and 233(1)

a) That poor law and order situation in various areas of the country have resulted in impeded working and, communication network.

b) That due to the above-mentioned reasons, the required accounts information could not be submitted to the Appointed Actuary for valuation purposes, which has caused delays in finalization of the actuarial valuation required for the accounts.

c) That due to these reasons, the auditors will be unable to finish their required work in the predetermined timeframe.

8. Last Audited Balance Sheet and: Copy of the last audited accounts for the year
Profit and Loss Account ended December 31, 2011 is enclosed herewith.

On the ground of the above reasons, kindly grant us extension in time limit for approval of Accounts and holding Annual General Meeting up to May 31, 2013 as per the requirements of Section 158(1) and 233(1).

For more information, contact:
Sohail Nazeer
Company Secretary
East West Life Assurance Company Limited
310-EFU House, 3rd Floor,
M. A. Jinnah Road,
Karachi-74000, Pakistan
Tel: (021) 2311662/5,
Fax: (021) 2311667,
UAN: 111-EWL-111(111-395-111)
E-mail: info@eastwestlifeco.com
Website: www.eastwestlifeco.com

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