Despatch of Final Dividend Warrants

Secretary's Department

UBL/KSE/Final Dividend/11 5 April 2012

FORM - 10

The General Manager

Karachi Stock Exchange (G) Ltd.

Stock Exchange Building

Stock Exchange Road

Karachi.

Dear Sir,

Despatch of Final Dividend Warrants for the Year Ended 31 December 2011

United Bank Limited

We are pleased to inform you that the Dividend Warrants in respect of Final Dividend at Rs.6.00 per share i.e. 60% for the year ended 31 December 2011 have been despatched to all our shareholders through registered post from 3 April 2012 to 5th April 2012.

Yours faithfully,

Aqeel Ahmed Nasir

Company Secretary &

Chief Legal Counsel

C.c. to 1. Citibank, N.A. Karachi Branch, Custodian of UBL, GDRs.

2. London Stock Exchange.