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PICIC Insurance Limited to elect Directors in Annual General Meeting to be held on April 7, 2014

Karachi: PICIC Insurance Limited informed Karachi Stock Exchange about the election of directors at the 10th annual general meeting of the company held on April 7, 2014. The election of directors will be in accordance with section 178 of the Companies Ordinance, 1984. Further, the appointment of the elected directors will be subject to approval of the Commissioner Insurance Division, Securities and Exchange Commission of Pakistan. PICIC Insurance Limited was incorporated on April 23, 2004 under the Companies Ordinance 1984 as a public limited company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan under the insurance ordinance, 2000. The registered office of the company is located at Karachi. The company is listed on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. PICIC Insurance Limited is a part of the Temasek Group operating in Pakistan. NIB Bank Limited a subsidiary of the Temasek Group in Pakistan is a shareholder of PICIC Insurance Limited with a 30% stake. The symbol “PIL” is being used by the stock exchange for the shares of PICIC Insurance Limited.

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PICIC Insurance Limited declares results for year ended December 31, 2013

Karachi: PICIC Insurance Limited has informed Karachi Stock Exchange that their Board Meeting held on March 12, 2014 has approved financial results for the year ended December 31, 2013, posting a profit after tax to Rs. 9,424,000 translating into earni…

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PICIC Insurance Limited’s reappointment of the chief executive and disclosure of remuneration to the members under section 218 of the companies ordinance, 1984

Karachi, September 10, 2013 (PPI-OT): We have to inform you that Mr. Ahmed Salahuddin has been reappointed as the MD and Chief Executive Officer of the Company with effect from September 1, 2013. His revised remuneration will be Rs. 11.1 million per annum plus other benefits/ facilities in accordance with Company’s Rules. You may please inform members of your exchange accordingly. For more information, contact: Afroz Qureshi Company Secretary PICIC Insurance Limited Eighth Floor, Shaheen Complex M.R. Kayani Road. Karachi 74200 Pakistan Tel: (02l) 3221 9555-60 Facsimile: (021) 3221 9561

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