Japan Power Generation Limited’s announcement.

Japan Power Generation Limited’s announcement.

Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Thursday, October 06, 2011 at 12:30 PM at Islamabad Club Islamabad to recommend/approve the following:

1. Cash dividend nil %

2. Bonus shares nil %

3. Right shares nil %

4. Approve budget for 2nd quarter and defer the remaining quarters lot next BOD meetings.

5. A four Committee was formed by the BOD to address the incentive compensation issue of Ex- CEO.

6. Give go ahead for reopening of Tariff with NEPRA and passed the necessary resolution for submission of tariff petition to NEPRA.

For more information, contact:
Zain ul Abidin
Company Secretary
Japan Power Generation Limited
Jia Bagga, Raiwind Road,
Lahore.
Tel: 042-35835864-6
Fax: 042-35835860
Email: jpgl@brain.net.pk
Web: www.jpglpk.com

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