Pakistan Gum and Chemicals Limited’s information under section 218 of the companies ordinance, 1984

Karachi: Please find enclosed the above disclosure for your reference and record. You may please inform the members of your exchange accordingly.

To All Members of the Company

Information U/S 218 of the Companies Ordinance, 1984

In pursuance of Section 218 of the Companies Ordinance, 1984, the members of Pakistan Gum and Chemicals Limited (the “Company”) are hereby informed that the Board of Directors of the Company in their meeting held on 2nd March 2012 has approved the following:

Monthly salary of Mr. Mohammad Aslam Hanafi, Executive Director, has been fixed at Rs. 212,500.00 (Rupees two hundred twelve thousand five hundred only) with effect from 1st April 2012. He is also entitled to all other benefits as per Company policy.

The other directors of the Company are not concerned or interested in the aforesaid increment.

For more information, contact:
Muhammad Ilyas
Company Secretary
Pakistan Gum and Chemicals Limited
Tel: +92-21 3256 1124-26
Fax: +92-21 3256 1320