Pakistan National Shipping Corporation’s new chairman

Karachi, July 19, 2013 (PPI-OT): Mr. Muhammad Siddique Memon has joined as new Chairman at Pakistan National Shipping Corporation (PNSC) on July 17, 2013 (F.N).

You may please inform members of your Exchange accordingly.

Disclosure form in Terms of Section 150 of the Securities and Exchange Ordinance 1969

Name of Corporation                   Pakistan National Shipping Corporation
Date of Report                        July 18, 2013
Name of Company as                    Pakistan National Shipping Corporation as
specified in its
Memorandum                            specified in the PNSC Ordinance, 1979.
Corporation's registered office       14th Floor, PNSC Building, M.T. Khan Road, Karachi.

Disclosure of Inside Information by Listed Company in Terms of Section 15D(1)

Assumption of Office of Chairman

Mr. Muhammad Siddique Memon has joined as new Chairman of Pakistan National Shipping Corporation on July 17, 2013 (F.N).

Relinquishment of Office of Chairman

Vice Admiral (A) Muhammad Shafi, HI (M) has relinquished the office.

Signature

Pursuant to the requirements of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Corporation has duly caused this form/ statement to be signed on its behalf by the undersigned hereunto duly authorized.

For more information, contact:
Zainab Suleman
Secretary PNSC
Pakistan National Shipping Corporation
PNSC Building,
Moulvi Tamizuddin Khan Road,
P.O. Box No: 5350, Karachi-74000, Pakistan,
Phone: 99203980-99 (20 Lines) Cell # 0308-2222502-3
Fax: 99203974 – 35636658
E-mail: communication@pnsc.com.pk
Website: www.pnsc.com.pk