The Hub Power Company Limited’s notice under the listing regulations of the Karachi Stock Exchange Limited

Karachi, November 01, 2012 (PPI-OT): This is to inform you that the Company in respect of the Narowal power project has raised a demand under the Guarantee dated 11 March 2009 issued by the President of the Islamic Republic of Pakistan for and on behalf of the Islamic Republic of Pakistan in favour of the Company.

The notice of demand has been issued to the Private Power and Infrastructure Board, Government of Pakistan due to the failure of National Transmission and Dispatch Company (the “Power Purchaser”) to make payments in accordance with the Power Purchase Agreement dated 20 November 2008.

For more information, contact:
Shamsul Islam
Company Secretary
The HUB Power Company Limited
Islamic Chamber Building
Block-9, Clifton
P. O. Box 13841, Karachi-75600
Tel: 92-21 587 4677-86
Fax: 92-21 587 0397