The Karachi Stock Exchange (Guarantee) Limited’s notice of removal of intention to suspend CDS eligibility of ordinary shares of United Brands Limited under the CDC regulations

Karachi: The Chief Executive Officer, United Brands Limited

By our notice dated March 06, 2012 issued to United Brands Limited (hereinafter referred to as the (“Issuer”) under Regulation 5.3.2 of the Central Depository Company of Pakistan Limited Regulations (“the CDC Regulations”), we showed our intention to suspend the Central Depository System Eligibility (“CDS Eligibility”) of ordinary shares (Security Symbol; UBDL) of the Issuer with effect from March 16, 2012, if it fails to comply with Regulations 13.7.1 of the Regulations before the said date.

It is now notified that, as the Issuer to comply with the Regulation 13.7.1 of the CDC Regulations by submitting the reconciliation report of respective period duly certified by their external auditors to CDC, our notice dated March 06, 2012 shall stand removed effective immediately.

For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk