Board meeting of Lotte Chemical Pakistan Limited to be held on January 22, 2016

Karachi, Lotte Chemical Pakistan Limited informed Pakistan Stock Exchange that board meeting of the company will be held on January 22, 2016 at Karachi.The agenda of the meeting shall be consideration of audited financial statements for the year ended December 31, 2015.

Further, the closed period of the company shall be from January 14, January 22, 2016 (both days inclusive).

Lotte Chemical Pakistan Limited formerly Lotte Pakistan PTA Limited is incorporated in Pakistan. The company is engaged in the manufacture and sale of Pure Terephthalic Acid an essential raw material used in the polyester industry. The company is also engaged in manufacturing Polyester Staple Fibre, Filament Yarn and PET resin. The production capacity of the plant is around 500,000 tons per annum. It is a subsidiary of Lotte Chemical Corporation and the ultimate parent company is South Korean conglomerate Lotte. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The symbol “LOTCHEM” is being used by the stock exchanges for the shares of Lotte Chemicals Pakistan Limited.