Pakistan Company News

Material Information of Telecard Limited

Karachi, Telecard Limited informed Pakistan Stock Exchange that We are pleased to inform that Supernet Limited (‘Supernet’), a subsidiary of Telecard Limited has successfully completed Phase 3 Project within a Multi-Million Dollar Long-Term Program to supply Multiplexers and Associated Services in Pakistan.

“Telecard Limited is a company incorporated in Pakistan on October 29, 1992 as a public limited company. The company is licensed to provide fully integrated telecommunication services, including basic wireless telephony, long distance and international services and payphones. The shares of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Islamabad.

The subsidiary companies of the group are Supernet Limited, Telecard Asia (UK) Limited, Telecard E-Solutions Private Limited, Telegateway Limited, Nexus Communications Private Limited, Glitz Communicatioon Private Limited and Globetech Communication Private Limited.

The symbol “TELE” is being used by the stock exchanges for the shares of Telecard Limited.”