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Atlas Engineering Limited’s de-listing

Karachi: Further to our letter dated November 15, 2011 through which the company conveyed the revised offer of the sponsors for buy back of shares of Atlas Engineering Limited (ATEL) at Rs. 58.00 per share. We submit herewith the Sponsors Consent vide letter dated November 16, 2011 to above purchase price and the minimum quantity of shares to be purchased by the sponsors.

Sponsors Consent

We refer your letter bearing Ref. No. KSE/C-344-7004 dated November 15, 2011 and hereby submit our consent to purchase 1,042,282 shares of Atlas Engineering Limited at a purchase price of Rs. 58.00 per share.

We also convey our consent to the condition of purchase of at least 260,571 shares for the purpose of delisting of shares of Atlas Engineering Limited from Karachi Stock Exchange (Guarantee) Limited and Lahore Stock Exchange (Guarantee) Limited.

For more information, contact:
Iftikhar H. Shirazi
Chief Executive Officer
Atlas Engineering Limited
15th Mile National Highway,
Landhi, Karachi-75120
Ph: (92-21) 35016921-4
UAN: 111-111-235
Fax: (92-21) 35011709
E-mail: ael@atlasengineering.com.pk
Website: www.allwin.com.pk

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