Unusual Movement in Price or Volume of Pakistan Synthetics Limited

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

The Company was incorporated on 18th November 1984 as a private limited company in Pakistan, with the registered office in Karachi, Sindh and subsequently converted into a public limited company on 30th December 1987. The shares of the company are listed on Karachi, Lahore and Islamabad Stock Exchanges. The principal activity of the company is manufacturing and sale of Polyester Staple Fibre.