Board Meeting in Progress - United Bank Ltd.

Secretary's Department

 UBL/BOD-229/PSX/Results/20

 23 October 2020

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building,

Stock Exchange Road,

Karachi.

Board Meeting in Progress

Dear Sir,

This is to inform you that a meeting of Board of Directors of the Bank scheduled to be held on 2020-10-23 at 14:00 at Karachi to consider and approve the Condensed Interim Financial Statements of UBL for the 3rd Quarter ended 30 September 2020 is in progress.

Please inform the TRE Certificates Holders of the Exchange accordingly.

Yours faithfully,

-Sd-

Aqeel Ahmed Nasir

Company Secretary &

Chief Legal Counsel

C.C. to:

1) Citibank N.A., Karachi Branch, Custodian of UBL GDRs;

2) London Stock Exchange;

3) The Commissioner, Enforcement & Monitoring Division, Securities and Exchange Commission of Pakistan, NIC Building, Jinnah Avenue, Islamabad;