Jubilee Spinning and Weaving Mills Limited’s Abstract regarding Appointment of Chief Executive Officer

Karachi: We are enclosing herewith a copy of abstract under section 218(2) of the Companies Ordinance, 1984 regarding Appointment of Mr. Shams Rafi as Chief Executive Officer of Jubilee Spinning and Weaving Mills Limited (JUBS) with effect from May 31, 2011 passed through by circulation dated May 31, 2011 on the existing terms and conditions:

All Members of the Company

Abstract under Section 218 (2) of the Companies Ordinance, 1984 regarding Appointment of Chief Executive Officer

This is to inform you that Board of Directors has re-appointed Mr. Shams Rafi as Chief Executive Officer of the Company for a period of three years commencing from May 31, 2011 on the existing terms and conditions.

This letter is being sent to you in terms of Section 218 of the Companies Ordinance, 1984

For more information, contact:
Sh. Naseer Ahmad
Sr. Assistant Manager
Jubilee Spinning and Weaving Mills Limited
B-28, Manghopir Road,
S.I.T.E., Karachi-75700,
Pakistan
Tel: +9221 3257-9162
Fax: +9221 3257-9116