Material Information of Colony Textile Mills Limited

Karachi, Colony Textile Mills Limited informed Pakistan Stock Exchange that the Board of Directors of the company has approved an equity investment of upto Rs. 30,000,000/- in its wholly owned subsidiary Stitch rite (Private) Limited through subscribing the 3,000,000 shares of Rs. 10/- each against right offer made by Stitch rite (Private) Limited.

“Colony Mills Limited (CML) was established as a textile manufacturing unit on September 21, 2005 and absorbed “Colony Textile Mills Limited” in 2006. Colony Textile Mills Limited was the principal company established as a textile manufacturing unit in 1946. CML’s expertise, primarily, lies in production, manufacturing and sale of different types of yarns of various counts. The company has a healthy portfolio of income generating assets that crossed total revenues over 13 Billion rupees for the year ended June 30, 2011.

The symbol “CTM” is being used by the stock exchanges for the Colony Textile Mills Limited.”