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Nishat (Chunian) Limited’s final conversion notice regarding conversion of Nishat (Chunian) Limited – 15% cumulative non voting pref. shares into ordinary, shares of Nishat (Chunian) Limited

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Karachi, June 11, 2012 (PPI-OT): Enclosed please find cutting of Pakistan Observer (English) and Daily Pakistan (Urdu) newspapers dated June 09, 2012 in which Notice of captioned subject was published for your information and record.

Final Conversion Notice in Respect of Conversion of Nishat (Chunian) Limited – 15% Cumulative Non Voting Pref. Shares into Ordinary, Shares of Nishat (Chunian) Limited

In continuation of our previous public notice dated May 05, 2012 on the captioned subject we hereby inform that all outstanding preference shares (NCLNCP) are converted into ordinary shares of Nishat (Chunian) Limited (NCL) in ratio of 1:1] at the day end of May 30, 2012.

The shareholders whose names were appearing in the Member’s Register of NCLNCP on May 23, 2012 are hereby notified that the shares of NCL had already been credited to their respective accounts with CDC and the physical share certificates of NCL are ready for exchange with the respective preference shares certificates (NCLNCP) from our share Registrar M/s Hameed Majeed Associates (P t) Ltd., 7-Bank Square Lahore.

For more information, Contact:
Ahmed Subhani
Company Secretary
Nishat (Chunian) Limited
31-Q, Gulberg II,
Lahore- 54660, Pakistan
Tel: 92-42-35761730
Fax: 92-4235878696


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