Unusual Movement in Price or Volume in the Shares of Dawood Equities Limited

Karachi, Dawood Equities Limited informed Pakistan Stock Exchange that the Company is not aware of any matter or material development that might have resulted in a substantial increase in the share price of the Company during the last three months.

“Dawood Equities Limited is a company incorporated in Pakistan on May 3, 2006 as public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. It is also registered under the Securities and Exchange Commission of Pakistan as a broker. The activity of the company includes providing equity trading platforms for the capital markets within the brokerage of listed equities, underwriting and other investments service industry of Pakistan. The company has corporate membership and the sticks are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.

The symbol “DEL” is being used by the stock exchanges for the shares of Dawood Equities Limited.”