Pakistan Refinery Limited’s response to Attock Petroleum Limited’s material announcement,

Karachi, April 09, 2013 (PPI-OT): This is with reference to the ‘materia1 information’ announcement of Attock Petroleum Limited dated April 05, 2013 and announced on April 08, 2013 (“Announcement”) whereby it was disclosed that the Board of Directors of Attock Petroleum Limited has decided to participate in the bidding for acquisition of Chevron’s Marketing Affiliates in Pakistan, which includes 100% shareholding of Chevron Pakistan Limited (excluding Lubricants Business) and 12% shareholding in Pakistan Refinery Limited (PRL).

Please note that Chevron Texaco Global Energy Inc. has 12% shareholding in our company and we have not received any official communication from Chevron Texaco Global Energy Inc. with respect to the Announcement, therefore our company is not in a position to confirm or clarify the above information to our shareholders and stock exchange.

We have conveyed the same to our Board of Directors and await confirmation from relevant shareholders to disseminate appropriate information to our stakeholders.

For more information, contact:
Asim H. Akhund
Company Secretary
Pakistan Refinery Limited
Korangi Creek Road,
P. O. Box 4612, Karachi- 75190.
Ph: 35122131-9
Fax: 92-21-35060145,
Website: www.prl.cam.pk

Check Also

Material Information of Hub Power Company Limited

Karachi, Hub Power Company Limited informed Pakistan Stock Exchange that the Company has today filed the scheme of arrangement in the High Court of Sindh for the demerger of its Narowal Plant into its wholly owned subsidiary Narowal Energy Limited. The hearing could not take place today and would be taken up by the Court at its discretion. HUBCO was incorporated in Pakistan in 1991as a limited liability company. The company owns oil-fired power station with installed net capacity of 1,200 MW in Baluchistan and 214 MW Punjab. The Hub Power Company is listed on the Karachi, Lahore and Islamabad Stock Exchanges. The Global depository receipts are also listed on the Luxemburg Stock Exchange. The production capacity of the power stations varies. The business partners of HUBCO are Water and Power Development Authority, Pakistan State Oil, National Transmission and Despatch Company Limited, BAKRI Trading Company Pakistan, Government of Pakistan, Government of Baluchistan and International Power. The symbol “HUBC” is being used by the stock exchanges for the shares of the Hub Power Company Private Limited.