CROP 2014 - 2015
                                                         PART - I
                                                        SPOT RATES
                                        KCA Official Spot Rate for Local Dealings in Pak Rupees
                                        FOR BASE GRADE 3 (THREE) STAPLE LENGTH 1-1/16"
                                        MICRONAIRE VALUE BETWEEN 3.8 To 4.9 NCL

Rate                     Ex-Gin Price      Up-country        Spot Rate          Spot Rate            Difference
for                                         Expenses         Ex-Karachi         Ex. KHI. As on         In Rs.
                                                                                29.08.2015           Ex.Karachi
37.324 kg                   4,550             135              4,685
Equivalent                                                                        4,685                 NIL
40 kgs                      4,876             145              5,021              5,021                 NIL

Valid for the day established by the Rates Committee at 12:00 Noon.

The Grade and Staple Margins Charts and the percentage allowances for Micronaire blow:

GRADE                                                       S  T   A   P   L   E
                                               (for the period from August 20, 2015 to August 31, 2015)

                  31/32"                1                    1-132"              1-1/16"          1-3/32"               1-1/8"
            37.32kg - 40 kg     37.32kg - 40 kg        37.32kg - 40 kg     37.32kg - 40 kg   37.32kg - 40 kg      37.32kg - 40 kg
Super        N / A    N / A      N / A    N / A         + 200     214       + 300     322     + 400     429        + 500     536
1            N / A    N / A      N / A    N / A         + 100     107       + 200     214     + 300     322        + 400     429
2            N / A    N / A      N / A    N / A             0       0       + 100     107     + 200     214        + 300     322
3            N / A    N / A      N / A    N / A         - 100    -107             BASE        + 100     107        + 200     214
4            N / A    N / A      N / A    N / A         - 250    -268       - 150    -161      - 50     -54         + 50      54
5            N / A    N / A      N / A    N / A         N / A   N / A       N / A    N / A    N / A    N / A       N / A    N / A


All above margins are based on Micronaire value between 3.8 to 4.9 NCL for Grades Super, 1, 2, and 3 and Micronaire value between 3.5 to 4.9 NCL for Grades 4 and 5. Approval of Government for Grade Super and Micronaire value 3.8 to 4.9 NCL is awaited.
The discount on the basis of low or high Micronaire is stated below which is applicable in addition to the above mentioned margins:


                    Micronaire below 3.8 in           Percentage               Micronaire in             Percentage
                    Grades Super,1,2 and 3             Allowance               Excess of 4.9             Allowance
                     and Micronaire below 3.2
                       in Grades 4 and 5

                               0.1                        0.5                      0.1                      0.5
                               0.2                        1.0                      0.2                      1.0
                               0.3                        2.0                      0.3                      2.0
                               0.4                        3.0                      0.4                      3.0
                               0.5                        4.0                      0.5                      4.0

                                                            PART -II
                                                     (DOMESTIC TRANSACTION)
                                                     Dated; August 31, 2015
                                                          2014-2015 CROP

Bales     Station                     Rate              Bales           Station                       Rate
3000      Sanghar                  4600/4685            600             Hasil Pur                  4625/4650
2000      Mir Pur Khas             4625/4650            1600            Burewala                      4650
1400      Hyderabad                4650/4675            400             Mongi Bangal                  4650
2600      Shahdad Pur              4625/4690            200             Gojra                         4650
2000      Tando Adam               4625/4690            400             Vehari                        4650
400       Maroot                      4600              200             Sahiwal                       4650
600       Chichawatni              4600/4650            200             Jahanian                      4675
200       Mian Chano                  4625              400             Khanewal                      4700

                                                           PART - III
                                                            (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2015-16)              CROP                BALES            PERIOD- (MY 2015-16)            CROP             Bales
01-08-15 to 23-08-15            2014 - 2015             3,010           01-08-15 to 23-08-15           2014-15            3,814
01-08-15 to 23-08-15            2015 - 2016            84,068           01-08-15 to 23-08-15           2015-16           46,613
                                   Total:-             87,078                                           Total;-          50,427

Source: Trade Development Authority of Pakistan

                         PART -IV                                          PART - V
                         (IMPORTS)                               (Mills Consumption of Raw Cotton)
                                                                   Cotton Season 2014-2015

PERIOD - (MY 2014-15)           Qty. in MT            Month                         Bales
Aug., to June., 2015               179,604            Aug., 14 to May,2015       13,370,188
July, 2015                          20,315            June, 2015                  1,357,000
                                   199,919            Total:-                    14,727,188

Source: Pakistan Bureau of Statistics

                      (ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
                      As on May 01, 2015 (Final)                                          Date; August 31, 2015
                                                 In Bales
                               Punjab             Sindh              Pakistan       Country     Selling    Buying       Sight
Total Arrivals              10,896,647         3,974,500           14,871,174
Sales to TCP                    59,200            35,700               94,900
" to Exporters                  78,218           396,956              474,174        USA         103.95    103.75       103.54
" to Mills                  10,604,062         3,469,133           14,073,195
Unsold Stocks as on 01-05-2015                                        227,905
Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.05.2015 (Final)

                                                            2014-15                                               2013-14
                                           PUNJAB            SINDH                TOTAL           PUNJAB           SINDH         TOTALTOTAL
Total Arrival:                           10,896,674        3,974,500            14,871,174       9,631,362       3,760,332       13,391,694
Difference in bales                       1,265,312          214,368             1,479,480
%                                             13,14             5.70                 11.05
Flow during this fortnight                    7,211                0                 7,211
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           78,218          396,956               475,174         123,826         275,556         339,382
Sales to Mills                           10,604,062        3,469,133            14,073,195       9,230,582                      12,584,496
Unsold stocks                                                                      227,905                                         407,816