Pakistan Petroleum Limited’s notice of book closure and declaration of final dividend and bonus shares 2011-12

Karachi, August 13, 2012 (PPI-OT): With reference to Rule 18 (2) of the Listing Regulations we enclose herewith a Notice to shareholders regarding book closure of share transfer books, declaration of final dividend for the year 2011-12 and issue of bonus shares.

The notice will be published in daily “Dawn” and “Jang” having circulation in Karachi, Lahore and Islamabad on Tuesday, 14 August, 2012.

Notice of Book Closure and Declaration of 2011-12 Final Dividend and Bonus Shares

The Directors of Pakistan Petroleum Limited in their meeting held on Saturday, 11 August, 2012 have recommended payment of final cash dividend for the financial year ended 30 June, 2012 at the rate of Rs. 6.50 per share (i.e. 65%) on fully paid Ordinary shares and issue of bonus shares in proportion of 1 ordinary share for every 4 ordinary shares held (i.e. 25%). The final cash dividend is in addition to an interim dividend at Rs 5.00 per share (i.e. 50%) on ordinary and Rs 3.00 per share (i.e. 30%) on convertible preference shares already paid to shareholders. If approved at the Annual General Meeting scheduled to be held on Friday, 28 September, 2012 the final dividend will be paid and bonus shares will be issued to the Members whose names appear on the Register of Members at the close of business on 19 September, 2012.

The Share Transfer Books of the Company will be closed from 20 September, 2012 to 28 September, 2012 (both days inclusive).

Members are requested to promptly notify the Company Shares Registrars M/s FAMCO Associates (Pvt) Ltd., 1st Floor, State Life Building No. 1-A, I.I. Chundrigar Road, Karachi-74000 of any change in their address in order that the dividend warrants and bonus share certificates may be dispatched to their correct addresses.

For more Information, contact:
M. Mubbasshar Siddiqui
Company Secretary
Pakistan Petroleum Limited
PIDC House, Dr Ziauddin Ahmed Road,
Karachi-75530, Pakistan.
Tel: (021) 35883853-57, 35857730-39, 35681391-95
UAN: (021)111-568-568
Fax: 92-21-35680005 and 92-21-35682125
Website: www.ppl.com.pk