June 06, 2012

Dear CDS Element,

This is to inform you that securities of Ayesha Steel Mills Limited - Preference Shares (ASLPS) have been credited into the respective accounts on EOD of June 04, 2012. These shares were credited to the shareholders of Arif Habib Corporation Limited (AHCL) pursuant to the announcement for issuance of “Specie Dividend” @ 10% (1 share of ASLPS for every 10 shares of AHCL).

Should you have any queries or concerns, please feel free to call our Customer Support Services at 0800-23275 (CDCPL).

Regards,

Ejaz Ali Shah

General Manager - Head of Marketing &

Customer Support Services