Nishat Chunian Power Limited’s information under section 218 of the companies ordinance

Karachi, March 07, 2013 (PPI-OT): Enclosed please find a copy of the Notice of information U/S 218 of the Companies Ordinance 1984 will be sent to all the members of the Company.

Information under Section 218 of the Companies Ordinance

Remuneration of Mr. Yahya Saleem-C.E.O. of the Company

The Board of Directors of the Company in its meeting held on 14th February 2013 has approved a remuneration to Mr. Yahya Saleem, the CEO, amounting Rs. 575,000/- per month (net of taxes in addition to perquisites and other entitlements applicable under policies and Service rules of the Company with effect from 01st March 2013.

The above remuneration shall be subject to such increments, bonuses, adjustments and other entitlements as may be granted at any time and from time to time by the Board of Directors of the Company and/ or in accordance with the policies and Services Rules of the Company for the time being in force.

For more information, contact:
Khadim Hussain
Company Secretary
Nishat Chunian Power Limited
31-Q, Gulberg II, Lahore -54660, Pakistan
Tel: 92-42-3576 1730
Fax: 92-42-35878696