Reliance Weaving Mills Limited’s revision of board meeting schedule

Karachi, August 05, 2013 (PPI-OT): This refers to the notice earlier sent to you for meeting of the Board of Directors on August 07, 2013 for passing the resolution against investment in Associated Companies.

The above referred meeting is now re-scheduled for August 15, 2013 at 11.00 A.M at our Head Office E-110, Khyaban-e-Jinah Lahore.

Revised notice of the Board also enclosed.

Should you require any query please feel free to contact the undersigned.

All the Directors, Reliance Weaving Mills Ltd.

Agenda Notice

Notice is hereby given that the meeting of the Board of Directors of the Company will be held on August 15, 2013 at F-110, Khyaban-e-Jinnah Lahore at 11.00 AM to transact the following businesses:-

1. To confirm the minutes of the meeting of the Board of Directors held on April 29, 2013.

2. To pass following resolution U/S 208 of the Companies Ordinance, 1984 against investment in Associate Undertaking named M/s Fatima Energy Ltd.

Resolved that Company be and is hereby authorized to invest an amount of Rs. 1,500,000,000/- (One billion five hundred million) in the form or an advance, which is to be converted into shares, and to charge mark up until the date shares are issued against the advance, in Fatima Energy Ltd in compliance with the Section 208 of the Companies Ordinance 1984.

Further Resolved that the secretary and any director of the Company be and are each hereby authorized singly to take all steps necessary in this regard, including but not limited to negotiating and executing any necessary agreements/documents, seeking any relevant regulatory approvals, and the sending of notices of the extraordinary general meeting, and any ancillary matters thereto.”

3. Any other business with the permission of the Chair.

By the order of Chief Executive Officer

Note: According to the Sub-Clause # xxvi of Clause # 37 of the Code of Corporate Governance, the close period has been decided from August 03, 2013 to August 14, 2013 (Both days inclusive). During these days no Directors, CEO, Executive, or their spouse sell, buy or take any position, whether directly or indirectly in the shares of the Reliance Weaving Mills Ltd.

For more information, contact:
Company Secretary
Reliance Weaving Mills Limited
E-110, Khayaban-e-Jinnah, Lahore Cantt;
PABX: +92 42 111-Fatima (111-328-462),
Fax: +92 42 36621389,
Web: www.fatima-group.com