Karachi, May 31, 2012 (PPI-OT): As per the requirement of para xx of the Listing regulations under the head of Code of Corporate Governance we advise you that there was a fire at the Company’s mills premises in one of the departments causing damage to some items of raw materials. An immediate assessment was carried out by the mills management on the basis of which it has been concluded that the present and future production shall not be affected by this incident. As the stocks were fully insured the management expects a minimal amount of financial loss on this account.
For more information, Contact:
Tasleemuddin A. Batlay
Century Paper and Board Mills Limited
Lakson Square, Bldg. No .2,
Sarwar Shaheed Road,
Karachi –74200, Pakistan.
Tel: 689 8000
Fax: 92-21-588 8571 and 3568 3410,