Despatch of 1st Interim Dividend 2012

Secretary's Department

UBL/KSE/Interim Dividend/11 31 May 2012

The General Manager

Karachi Stock Exchange (G) Ltd.

Stock Exchange Building

Stock Exchange Road

Karachi.

Dear Sir,

Despatch of 1st Interim Dividend Warrants for the year ending 31 December 2012

United Bank Limited

We are pleased to inform you that the Dividend Warrants in respect of 1st Interim Dividend at Rs.1.00 per share i.e. 10% for the year ending 31 December 2012 have been despatched to all our shareholders through registered post from 29 May 2012 to 30 May 2012.

Yours faithfully,

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.