Pakistan Telephone Cables Limited’s text of special resolutions

Karachi: Refer to above, we are pleased to enclose herewith text of Special Resolutions passed unanimously by shareholders of the company in the extraordinary General Meeting held on 02-04-2012.

Text of Special Resolution

The following Special Resolution was passed by the Shareholders unanimously in the Extraordinary General Meeting held on 02-04-2012 at the Registered Office of the Company:

“RESOLVED” that Sponsors of the Pakistan Telephone Cables Limited (Company) be and are hereby authorized to purchase 1,724,400 Ordinary Shares of the Company at Rs.5/-. (Rupees Five only) as determined by the Karachi Stock Exchange and Lahore Stock Exchange from the shareholders other than the sponsors and their relatives for the purpose of dc-listing of ordinary shares of the Company from the Karachi Stock Exchange and Lahore Stock Exchange.”

Text of Special Resolution

The following Special Resolution was passed by the Shareholders unanimously in the Extraordinary General Meeting held on 02-04-2012 at the Registered Office of the Company:

“Further Resolved that the Chief Executive and/or the Company Secretary be and are hereby authorized jointly and separately to take all steps required in this regard.”

For more information, contact:
Muhammad Azhar Jamali
Company Secretary
Pakistan Telephone Cables Limited
E-3, Block-17, Al-Raee Avenue,
Behind National Stadium, Gulshan-e-Iqbal,
Karachi-75800 (Pakistan).
UAN: 111 111 905
Ph: (+92-21) 3481-5840-4
Fax: 021-3480-2943
Email: info@ptclcables.com
Website: www.ptcl.com