Murre Brewery Company Limited’s notice of annual general meeting

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Karachi: Please find enclosed a copy of the Notice for the Annual General Meeting to be held on Friday, 28th October, 2011 at 1030 hours at Registered Office, National Park Road, Rawalpindi for your record.

Notice of Annual General Meeting

Notice is hereby given that of the Company will be held at the Registered Office National Park Road, Rawalpindi on Friday, 28th October, 2011 at 10:30 Hours to transact the following business:

Ordinary Business:

1. To confirm the minutes of the Extra Ordinary General Meeting held on 15th July, 2011.

2. To receive consider and adopt audited Financial Statements of the Company for the year ended 30th June, 2011 together with the Directors’ and Auditors’ Reports thereon.

3. To approve recommendation of the Board of Directors for the issue of Cash Dividend @ 50% (i.e. Rs.51- per share) and Stock Dividend (Bonus Shares @ 10%) in the ratio of one for every ten shares held. Bonus Shares so allotted shall rank pari passu in all respects with the existing shares of the Company except for the entitlement for the dividend being declared. the Bonus Shares, if approved will be issued to those shareholders, whose names appear in the Register of Members of the Company 20th October, 2011.

4. To appoint Auditors of the Company for the year ending 30th June, 2012 and fix their remuneration as recommended by the Audit Committee and Board of Directors. The present retiring Auditors M/s KPMG Taseer Hadi and Co. Chartered Accountants, being eligible have offered themselves for re-appointment.

5. Other Business:

To transact any other business with the permission of the Chairman

Statement Under Section 160(1) (b) of the Companies Ordinance,1984 with Respect to Special Business Contained in the Notice of Meeting:

To consider and if thought fit, to pass the following Resolution:

Special resqlut1on:

“Resolved

a, that a sum of Rs.17,320,080 out of free reserves of the Company be capitalized and applied toward the issue of 1,732,008 Ordinary Shares as bonus shares in the ratio of one Bonus Share for every ten Ordinary Shares held by the shareholders, whose names appear on the Register of Members 20th October, 2011 these shares shall rank pari passu in all respect with the existing shares.

b. that in the event of any member holding shares which are not an exact multiple of his / her entitlement, the Directors of the Company be and are hereby authorized to sell in the Stock Market such fractional entitlement till date and to pay the net proceeds of sale to a charitable institution as approved by the Directors.

c. that company Secretary be and is hereby authorized and empowered to give effect to this resolution and to do or cause to be done all acts, deeds and things that may be necessary or required for the issue, allotment and distribution of bonus shares”.

Notes:

i. The Share Transfer Book of the Company will remain closed from 21St October, 2011 to 28th October, 2011 (both days inclusive).

ii. A member entitled to attend and vote at the above Meeting, may appoint any other member as his/ her proxy to attend and vote. The Form of Proxy duly completed, should reach the Registered Office of the Company 48 hours before the time of the meeting.

iii. CDC Account holders wilt further have to follow the under mentioned guidelines as laid down by the Securities and Exchange Commission of Pakistan.

(A) For attending the Meeting.

(a) In case of individuals, the account holder or sub-account holder and / or the person whose securities are in group account and their registration details are uploaded as per the Regulation shall authenticate his identity by showing his original National Identity Card or original passport at the time of attending the meeting.

(b) In case of ‘corporate entity, the Board of Directors Resolution / Power of Attorney with specimen signature of the nominee shall be produced at the meeting.

(B) For appointing proxies:

(a) In case of individuals, the account holder or sub-account holder and / or the persons whose securities are in group account and their registration details are uploaded as per the Regulation, shall submit the Proxy Form of another member as per the above requirement.

(b) The Proxy Form shall be witnessed by two persons whose names, address and NIC numbers shall be mentioned on the form.

(c) Attested copies of NIC or the passport of the beneficial owners and the proxy shall be furnished with the Proxy Form.

(d) The proxy shall produce his original NIC or original passport at the time of meeting.

(e) In case of corporate entity, the Board of Directors Resolution / Power of Attorney with specimen signature shall be submitted, alongwith Proxy Form to the Company.

Members are requested to immediately notify any change of address to the Company’s Registrar M/s Central Depository Company of Pakistan CDC House, 99-B, Block ‘B’, SMCHS, Main Shahra-e-Faisal, Karachi-74400. Tel: +(92-21) 0800-CDCPL(23275) Facsimile: +(92-21) 021-4326053

Statement under Section 160 of the Companies Ordinance, 1984 is attached with the Annual Report circulated to the members of the Company.

For more information, contact:
M. Zaffar Iqbal
Secretary
Murree Brewery Company Limited
National Park Road,
Rawalpindi Pakistan,
Tel: +92 (0) 51 5567041 to 47
Fax No: +92 (0) 51 5584420
E-mail: Murbr@cyber.net.pk