The Crescent Textile Mills Limited’s Abstract regarding Appointment of Chief Executive Officer

Karachi: We are enclosing herewith a copy of abstract under section 218(2) of the Companies Ordinance, 1984 regarding Appointment of Mr. Muhammad Anwar as Chief Executive Officer of The Crescent Textile Mills Limited (CRTM) with effect from June 01, 2011 passed in the Board of Directors Meeting held on June 07, 211 on the following terms and conditions:

Basic Salary: Rs. 500,000/- per month.
Other terms and conditions will remain unchanged.

All members of the Company

Abstract under Section 218 (2) of the Companies Ordinance, 1984 regarding Appointment of Chief Executive Officer

This is to inform you that Board of Directors has re-appointed Mr. Muhammad Anwar as Chief Executive Officer of the Company for a period of three years commencing from June 01, 2011 on the following terms and conditions.

Basic Salary: Rs. 500,000/- per month

Other terms and conditions will remain unchanged.

This letter is being sent to you in terms of Section 218 of the Companies Ordinance, 1984

For more information, contact:
Sh. Naseer Ahmad
Sr. Assistant Manager
The Crescent Textile Mills Limited
40-A, Off: Zafar Ali Road,
Gulberg – V, Lahore, Pakistan
Tel: +9242 111-245-245
Fax: +9242 111-222-245
Website: www.ctm.pk