Date : 2008-01-21

Title : DISPATCH OF DIVIDEND WARRANTS

Price :

Description :

DISPATCH OF DIVIDEND WARRANTS

PAKISTAN NATIONAL SHIPPING CORPORATION

DISPATCH OF DIVIDEND WARRANTS

Dividend Warrants in respect of 15% cash dividend approved at the 29th Annual General Meeting of the Corporation held on 30th November 2007, have been dispatched to Members whose names have appeared in the books of the Corporation at the close of business on 22nd November 2007.

Shareholders who do not receive their Dividend Warrants within a reasonable time are requested to contact our Shares Department at the following address:

Pakistan National Shipping Corporation,

House No. D-51, Block-5 , Park Line, Kehkashan, Clifton, Karachi.

Phone: 9251972 - 9250143

Karachi: Jan 14, 2008.

ZAINAB SULEMAN

(COMPANY SECRETARY)

PID (K) 1886