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Silver Start Insurance Company Limited’s financial results for the third quarter, (July to Sep 2011)

Karachi: We have to inform you that the Board of Directors of our Company in their Meeting held on Saturday, 29th October, 2011 at 2:00 p.m. at Head Office, Lahore recommended the following:

(i) Cash Dividend (Not Applicable)

An interim Cash Dividend for Quarter ended September 30, 2011 at Rs. NIL per share i.e. NIL %. This is in addition to interim Dividend (s) already paid at Rs. NIL per share i.e. NIL %.

And / Or

(ii) Bonus Shares (Not Applicable)

It has been recommended by the Board of Directors to issue interim Bonus Shares in the proportion of NIL Share (s) for every NIL shares (s) held i.e. NIL%. This is in addition to interim Bonus already issued @ NIL%

And / Or

(iii) The Board has recommended to issue NIL % Right Shares at par/at a discount/ premium of Rs. NIL per Share in proportion of NIL share(s) for every NIL share(s). The entitlement of right shares being declared simultaneously will/ will not be applicable on Bonus Shares declared above.

And / Or

(vi) Any Other Entitlement/ Corporate Action (Not Applicable)

And / Or

(v) Any Other Price – Sensitive Information (Not Applicable)

The financial results of Company enclosed herewith

For more information, contact:
Nazir Ahmed Khan
Company Secretary
Silver Start Insurance Company Limited
Silver Star House
5-Bank Square, P.O Box 2533
Lahore-54000 (Pakistan)
PABX: 92-42-3732 4488, 3735 5614
3723 7518, 3723 1449
Telefax: 92-42-2722 9968
Email: silvrstr@nexlinx.net.pk

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