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The third subscription for Public Offer for NBP shares will start from
Monday October 13, 2003 for three days, which will remain open on Tuesday
October 14,2003 and will conclude on October 15, 2003 at the designated
branches of National Bank of Pakistan, Habib Bank Limited, United Bank
Limited, Muslim Commercial Bank, Allied Bank Limited, Bank Al Habib Limited,
First Women Bank Limited, PICIC Commercial Bank, Habib Bank A.G. Zurich, Prime
Commercial Bank and Union Bank.
Interested individuals/ parties have been invited to submit completed
application form, along with attested copy of national identity card and a
cheque for the required amount, at the designated banks during banking hours
on the subscription dates. The offer price has been fixed at Rs. 46/= per
share. Preference of allocation shall be given to the applicants for 500
shares.
Application forms and offer for sale documents are available through branches
of the above banks, from Elixir Securities and Taseer Hadi Khalid & Co (co-
Lead Mangers), from the Karachi, Lahore and Islamabad Stock Exchanges and
through the Privatisation Commission's web site: www.privatisation.gov.pk
The government is offering 3.2 % (13.13 million) additional shares of National
Bank of Pakistan (NBP) to the public through the third offer for sale of the
Bank's shares.