PPI Original Text (PPI-OT) – Faysal Bank Limited’s sale of shares of Khushhali Bank Limited (KBL)

Karachi, June 04, 2012 (PPI-OT): We, Faysal Bank Limited (FABL) (the Company), would like to inform you that we have entered into and executed a Share Purchase Agreement of the date hereof (the Agreement) with United Sank Limited consortium comprises of United Bank Limited; ASN-NOVIB Microkredietfonds; responsAbility Global Microfinance Fund; Rural Impulse Fund II S.A. SICAV-FIS; and ShoreCap II Limited (UBL Consortium). In terms of the Agreement, the Company has sold 1,500,000 shares (0.88 Shareholding) owned by it in KBL in line with UBL Consortium’s bid of Rs. 20.44 (approximately) per share and in accordance with Regulatory approvals.

For more information, Contact:
Nasir Islam
Acting Company Secretary, Faysal Bank Limited
Faysal Bank Limited
Fyasal House, ST.02, Shahrah-e-Faisal,
Karachi, Pakistan.
UAN: 021 111 747 747
Tel: 021 3279 5200
Fax: 021 3279 5228

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