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Atlas Honda Limited’s decision taken in the board of directors meeting

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Karachi, April 30, 2013 (PPI-OT): In accordance with the requirements of listing regulations, we are pleased to convey following decisions token by the Board of Directors on their meeting held on April 30, 2013.

1) Information required under regulation 22 of the listing regulations:

The Board of Directors has approved to increase the Authorized Capital of the Company from Rs. 1,000,000,000 to Rs. 1,500,000,000, subject to the approval of shareholders in the annual general meeting to be held on June 19, 2013.

2) Information required under regulation 35 clause (xx) of the listing regulations:

The Board of Directors has approved making long term equity investment upto Rs. 190 million (Rupees one hundred and ninety million only) in the Share Capital of Atlas Hitec (Private) Limited, on associated company, subject to the approval of shareholders in the annual general meeting to be held on June 19, 2013.

You may please inform the members of the exchange accordingly.

Co-Option of Director on Board and Change of Chief Financial Officer (CFO)

This is to inform you that Mr. Hiroaki Hirose, has been co-opted as director on the Board of Atlas Honda Limited w.e.f. April 30, 2013, to till the casual vacancy occurred due to the resignation of Mr. Koji Takamatsu.

Further, we have to inform you that Mr. Kashif Yaseen, has been appointed as CFO of the Company w.e.f. April 30, 2013, in place of Mr. Suhail Ahmed.

You may please inform members of the Exchange accordingly.

For more information, contact:
Tanvir Hyder
Company Secretary
Atlas Honda Limited
Karachi Plant,
F- 36, Estate Avenue, S.I.T.E.
Ph: (92-21) 2575561-65
Fax: (92-21) 2583758

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