To: All Members of the Association (Southern Zone)

REF. NO. PHMA-064/2016 DATED: 27 August, 2016

Subject: DLTL 2015-16 - REVISION IN CALCULATION METHOD

PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION

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

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Ref. No. PHMA/Cir-064/2016

Dated: 27^th August, 2016

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TO ALL MEMBERS OF THE ASSOCIATION

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DLTL 2015-16 - REVISION IN CALCULATION METHOD

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WE ARE ATTACHING HEREWITH? STATE BANK OF PAKISTAN LETTER DATED 19^TH AUGUST, 2016 ON THE SUBJECT WHICH IS SELF EXPLANATORY.

ALSO ENCLOSED HEREWITH ARE PREVIOUS SBP LETTER Ref. No.FEOD/7846/DLTL-2016 DATED 19^th?APRIL, 2016 AND SUBSEQUENT LETTER OF 9^TH MAY 2016.

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THE RATES OF EXCHANGE TO BE USED FOR CLAIMS OF DLTL 2015-16 ARE LISTED IN THE ATTACHMENT.

MEMBERS ARE ADVISED TO WORKOUT REVISED CLAIMS ACCORDINGLY.

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MEMBERS IMMEDIATE COMPLIANCE TO SBP INSTRUCTIONS IS ADVISED.

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THANKS & BEST REGARDS,

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YUNUS BIN AIYOOB

SECRETARY GENERAL