Financial Results for the year ended June 30,2012

No. CS04-08 (KSE / LSE / ISE)

August 09, 2012

Subject: Financial Results for the year ended June 30, 2012

Sir,

We are pleased to inform you that the Board of Directors of our Company in their meeting held on August 09, 2012 at 10.30 a.m. at Islamabad, have recommended as follows:

CASH DIVIDEND

Final Cash Dividend for the year 2011-12 on the basis of accounts for the period ended June 30, 2012 @ Rs 2.75 per share i.e. 27.5 percent. This is in addition to Interim Dividends already paid @ Rs 4.50 per share i.e. 45 percent.

The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on Wednesday, September 26, 2012. The Share Transfer Books of the Company will be closed from Thursday, September 27, 2012 to ThursdayOctober 4, 2012 (both days inclusive). Transfers received at the Share Registrar Office, Noble Computers Services (Pvt.) Limited, Mezannine Floor, House of Habib Building (Siddiqsons Tower), 3-Jinnah Cooperative Housing Society, Main Shahrah-e-Faisal, Karachi-75350 at the close of business on Wednesday, September 26, 2012 will be treated in time for the purpose of above entitlement to the transferees.

The financial results of the Company are enclosed as Annex-I. Further summaries of OGDCL Accounts with accompanying Notes to Accounts and Highlights of the Company's performance are enclosed as Annex-II to III.

We will be sending you 300 copies of Accounts for distribution amongst the members of the exchange.

Sincerely,

Encl: (Annex - I to III)