Dawood Hercules Corporation Limited’s acquisition of shares of The Hub Power Company (Hubco)

Karachi, June 11, 2012 (PPI-OT): Kindly refer to our letter dated 26 March 2012, with respect to the acquisition of ordinary shares of Hub Power Company Limited (Hubco) from the National Power International Holdings BV, all the regulatory consents and approvals are now in place and the company is now moving ahead for the acquisition of Hubco shares at a price of PKR 31/- per share as follows:

(a) 35.48 million ordinary shares of Hubco by the Company; and

(b) 102.26 million ordinary shares of Hubco by DH Fertilizers Limited (a wholly owned subsidiary)

For more information, Contact:
Shafiq Ahmed
Company Secretary
Dawood Hercules Corporation Limited
11th Floor, Dawood Centre, M.T. Khan Road,
Karachi, 75530, Pakistan
Tel: (+92-21) 35686001
Fax: (+92-21) 35693416
Website: www.dawoodhercules.com
E-mail: info@dawoodhercules.com

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