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Reduction in National Custodial Services (“NCS”) Tariff

In pursuance of our commitment to contribute towards the development of the capital market, National Clearing Company of Pakistan Limited (“NCCPL”) has introduced National Custodial Services (“NCS”). NCS provides an option to institutional and retail level investors to avail direct centralized clearing, settlement and custodial services.

In order to encourage participation and to provide maximum facilitation to investors, we are pleased to inform that National Clearing Company of Pakistan Limited (“NCCPL”) has reduced its tariff for NCS Transactions for an interim period as mentioned below:

NCS Transaction Value (in a Month)

Rate

1. If Value of NCS Transaction(s) is up-to Rs. 1,000,000/- 0.050%
2. If Value of NCS Transaction(s) is between Rs.1,000,001 and Rs. 2,500,000/- 0.040%
3. If Value of NCS Transaction(s) is above Rs. 2,500,000/- 0.030%
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