JS Bank Limited’s permission for commencement of due diligence of HSBC – Pakistan operations

Karachi, June 15, 2012 (PPI-OT): In connection with the Listing Regulation No. 35 under the Code of Corporate Governance, we are pleased to convey the following information:

The State Bank of Pakistan has granted its approval to JS Bank Limited (JSBL), to conduct Due Diligence of Hong Kong Shanghai Banking Corporation (HSBC) – Pakistan for its potential acquisition subject to compliance with applicable laws, rules and regulations.

For more information, contact:
Muhammad Yousuf Amanullah
Company Secretary
JS Bank Limited
Shaheen Commercial Complex,
Dr. Ziauddin Ahmed Road
P. O. Box: 4847
Karachi-742000, Pakistan
UAN: +92 21 111 JS BANK (572-265)
Phone: +92 21 3227 2569-80
Fax: +92 21 3263 1803
Web: www.jsbl.com

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