Financial Results half year ended Dec 31, 2021

No. CS-04-08 (PSX/LSE/SECP)

February 23, 2022

Subject: FINANCIAL RESULTS FOR THE HALF YEAR ENDED DECEMBER 31, 2021

Dear Sir,

We are pleased to inform you that the Board of Directors of our Company in their meeting held on February 23, 2022 at 12:30 hours at Islamabad, have approved as follows:

CASH DIVIDEND

An Interim cash dividend for the quarter ended December 31, 2021 @ Rs 2.00 per share i.e. 20 percent. This is in addition to interim dividend already paid @ 1.75 per share i.e 17.50 percent

The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on March 08, 2022. The Share Transfer Books of the Company will be closed from March 09, 2022 to March 11, 2022 (both days inclusive). Transfers received at the CDC Share Registrar Services Limited, CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi-74400 at the close of business on, March 08, 2022 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 & Notes to Accounts and Highlights of the Company's performance are enclosed as Annex-II and III respectively.

The quarterly report of the Company for the period ended December 31, 2021 will be transmitted through PUCARS separately, within the specified time.

Yours sincerely,

Encl: (Annex - I to III)

http://www.rns-pdf.londonstockexchange.com/rns/5621C_1-2022-2-23.pdf

http://www.rns-pdf.londonstockexchange.com/rns/5621C_2-2022-2-23.pdf

http://www.rns-pdf.londonstockexchange.com/rns/5621C_3-2022-2-23.pdf

(Ahmed Hayat Lak)

Company Secretary

Copy:

Director/HOD,

Surveillance, Supervision and Enforcement Department

Securities & Exchange Commission of Pakistan,

NIC Building, 63 Jinnah Avenue, Blue Area,

Islamabad.