Network Microfinance Bank Limited’s change of name of the bank from Network Microfinance Bank Limited to Apna Microfinance Bank Limited

Karachi: Please refer our Letter no. KSE/NMBL/CS/366-12 dated February 14, 2012 relating to the subject. In this regard we have obtained approval from the State Bank of Pakistan and Security and Exchange of Pakistan and Security and Exchange of Pakistan has issued us a certificate of incorporation for the change of Name.

You are, therefore, advised to kindly change the name of the Bank from “Network Microfinance Bank Limited (NMBL)” to “Apna Microfinance Bank Limited” accordingly.

Extract of Resolutions Passed at the Extraordinary General Meeting of Network Microfinance Bank Limited Held on February 14, 2012

The members (Shareholders) of the Network Microfinance Bank limited have resolved the following resolutions in its Extraordinary General Meeting hold on February 14, 2012.

“Resolved that the Authorized Capital of the Bank be increased from Rs. 500,000, 000 (Rupees Five hundred million only) to Rs. 1.500, 000,000 (Rupees One Billion five hundred million only).”

“Resolved that the name of the Bank be changed from Network Microfinance Bank Limited to Apna Microfinance Bank Limited.”

“Resolved that the section I of the Memorandum of Association of the Bank be amended as below.

“The name of the Company is “Apna Microfinance Bank Limited””

Resolved that the section 14(VI) of the Memorandum of Association of the Bank be amended as below.

“The authorized share capital of the Company is Rs. 1,500,000,000 (Rupees one Billion five hundred million only) divided in 150,000,000 (One hundred and fifty Million,) Ordinary shares of Rs. 10/- each. The Company shall have power to increase, reduce, or reorganize the capital of the Company and divide shares in the capital for the time being into several classes in accordance with the provisions of the Companies Ordinances, 1984.” ”

Certified True Copy

It is hereby certified that the above resolution was duly resolved by the members of’ the Bank in its meeting held on February 14, 2012 and the same has been entered into the minute’s book of the Bank in accordance with the Articles of’ Association of the company.

For more information, contact:
Rafat Abbas
Company Secretary
Network Microfinance Bank Limited
202, Azayan Plaza, Opp. FTC Building,
S.M.CH.S. Shahrah-e-Faisal,
Karachi, Pakistan
PABX: 34311723 – 25
Fax: 34311722
E-mail: info@networkmicrobank.com
Website: www.networkmicrobank.com

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