Sub:   Contract for Upgradation of Pollution Control Equipment for Line-2

The company has been putting its best efforts towards environmental improvements. In this direction to reduce emission levels, we have pleasure to inform that the company has awarded the work of Up-gradation of Pollution Control Equipment for Line -2 to M/s FLSmidth A/S, Denmark with a total value of USD11.3 Million.  Company has issued Letter of Intent in this regard, which has been accepted by M/s. FLSmidth A/S.

With kind regards,

Jamal Shamis Al Hooti

Chief Executive Officer