11th June, 2012: In an intimation sent to stock exchanges, Dawood Hercules Corporation Limited (DH Corp) informed that with respect to the acquisition of ordinary shares of The Hub Power Company Limited (Hubco) from the National Power International Holdings BV, all the regulatory consents and approvals are now in place and the Company is now moving ahead for the acquisition of Hubco shares at a price of PKR 31/- per share as follows:

• 35.48 million ordinary shares of Hubco by Dawood Hercules Corporation Limited; and
• 102.26 million ordinary shares of Hubco by DH Fertilizers Limited (a wholly owned subsidiary of DH Corp)