Board Meeting and Close Period

No.CS04-08/(PSX/LSE) April 8, 2016

Subject: BOARD MEETING AND CLOSE PERIOD

Dear Sir,

This is to inform you that a meeting of the Board of Directors of the Company will be held on Tuesday, April 26, 2016 at 1100 Hours at OGDCL House, Jinnah Avenue, Blue Area, Islamabad to consider the Third Quarterly Accounts for the period ended March 31, 2016 and for declaration of entitlement, if any.

2. Further, as required under the Code of Corporate Governance and the decision of the Board of Directors in its 50th meeting held on January 14, 2004 it is notified that the Close Period would be effective from Tuesday, April 19, 2016 to the date of meeting of the Board i.e., Tuesday, April 26, 2016 (both days inclusive). No Director, CEO, or Executive shall directly or indirectly deal in the shares of Company in any manner during this Close Period.

3. You may please inform the members of the Exchange accordingly.

Yours sincerely,

(Ahmed Hayat Lak)

Company Secretary