PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION

(SOUTHERN ZONE)

37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN

TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774

E-MAIL: info@phmaonline.com  URL www.phmaonline.com

REF. NO. PHMA/CIR-083/2011

DATED: 30^th May 2011

TO ALL MEMBERS OF THE ASSOCIATION

SUBJECT:               Press Clippings.

Please find the attached press clipping Daily Dawn captioned as “PIDE Seminar Textile Sector contributes just 1.5pc to revenue”, Daily Business Recorder captioned as “5pc combines ST rate acceptable by zero-rated Sector”, & “Textile Sector’s contribution Bilwani expresses resentment ove PIDE Statement ” for information to all members of the association..

Best Regards,

M. Jawed Bilwani

Chief Coordinator