Annual general meeting of Pakistan Oilfields Limited to be held on September 29, 2016

Karachi, Pakistan Oilfields Limited informed Pakistan Stock Exchange that 65thannual general meeting being the 84th General Meeting of the company will be held on September 29, 2016 at Rawalpindi.

The agenda of the meeting is to receive, consider and approve the audited accounts of the Company together with the Directors and Auditors Reports for the year ended June 30, 2016, to approve final cash dividend of Rs. 20.00 per share i.e. 200% as recommended by the Board of Directors. it is on addition to the interim cash dividend of Rs. 15.00 per share i.e. 150% already paid to the shareholders, thus making a total cash dividend of Rs. 35.00 per share i.e. 350%for the year ended June 30, 2016 and to appoint auditors for the year ending June 30, 2017 and fix their remuneration.

Further, the closed period of the company is from September 22, 2016 to September 29, 2016 (both days inclusive).

Pakistan Oilfields Limited was incorporated in Pakistan on November 25, 1950. It is a subsidiary of the Attock Oil Company Limited. In 2005 the company acquired 25% shares within National Refinery Limited. This enabled the company in acquiring a refining complex which manufactures fuel products and lube base oils. The company is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Rawalpindi.

The operations of the company include exploration and production of oil and gas. It also manufactures LPG, solvent oil and sulphur. The existing brand of the company is named POLGAS and subsidiary brand CAPGAS private limited.

The symbol “POL” is being used by the stock exchange for the shares of Pakistan Oilfields Limited.