PICIC Insurance Limited’s board of director’s meeting

Karachi, December 13, 2012 (PPI-OT): We would like to inform you that the Board of Directors of our company in their meeting held on 11 December 2012 at 4 pm at Shaheen Complex, 8th Floor, MR. Kiyani Road Karachi which was adjourned to 12 December 2012 at 4pm, recommended the following:

i. Right Shares: Nil

For more Information, contact:
Muhammad Haneed
CFO and Company Secretary
PICIC Insurance Limited
Eighth Floor, Shaheen Complex
M.R. Kayani Road. Karachi 74200 Pakistan
Tel: (02l) 3221 9555-60
Facsimile: (021) 3221 9561