Attock Refinery Ltd.

(Public, KAR:ATRL)

Summary

Attock Refinery Limited (ARL) is a Pakistan-based company engaged in the refining of crude oil.
The Company produces a range of petroleum products, such as liquefied petroleum gas (LPG);
unleaded petroleum solvent grade (PMG); naphtha; premium motor gasoline; mineral turpentine
(MTT); JP-1; JP-8; kerosene oil; high speed diesel (HSD); light diesel oil (LDO); jute batching oil
(FFO); furnace fuel oil (FFO); low sulfur fuel oil (LSFO), and polymer modified bitumen (PMB).
The Company is a subsidiary of The Attock Oil Company Limited, United Kingdom and its
ultimate parent is Bay View International Group S.A.

Morgah Company-website:
Rawalpindi, http://www.arl.com.pk/
Pakistan Financial Information, Corporate History/Profile,
+92-51-5487041 (Phone) Executives, Products/Services,
+92-51-5487254 (Fax) Employment Opportunities

Key Stats & Ratios

Q4 (Dec '08) Annual Annual

(2008) (TTM)

Net profit margin -2.06% 2.14% -1.08%

Operating margin -2.01% 3.08% -0.18%

EBITD margin - 4.30% -

Return on average assets -2.70% 4.66% -2.48%

Return on average equity -15.09% 53.77% 25.04%

Employees 751 - -
Pakistan Refinery Ltd

(Public, KAR:PRL)

Summary

Pakistan Refinery Limited is a Pakistan-based Company. The Company is engaged in the

production and sale of petroleum products. Its products include liquefied petroleum gas (LPG),
motor gasoline, kerosene, jet fuel, high speed diesel and furnace oil.

Korangi Creek Road P.O. Box 4612 Company-website:

Karachi, 74000 http://www.prl.com.pk/
Pakistan Financial Information, Corporate History/Profile,
+92-21-509177179 (Phone) Products/Services
+92-21-5091780 (Fax)

Key Stats & Ratios

Q4 (Dec '08) Annual Annual

(2008) (TTM)

Net profit margin -15.65% 2.21% -2.96%

Operating margin -16.11% 3.64% -2.23%

EBITD margin - 3.69% -2.10%

Return on average assets -38.03% 10.97% -14.07%

Return on average equity -255.05% 36.36% -70.02%

Employees 281 - -
National Refinery Limited

(Public, KAR:NATR)

Summary

National Refinery Limited is a Pakistan-based company engaged in the manufacturing,

production and sale of a range of petroleum products. The Company operates in two business
segments: fuel and lube. The fuel segment supplies fuel products and offers gasoline, diesel oils,
kerosene and furnace oil. The lube segment provides different types of lube base oils, asphalt,
wax free oil and other petroleum products. The refinery complex of the Company comprises of
three refineries, consisting of two lube refineries and a fuel refinery.

7-B Korangi Industrial Zone P.O Box Company-website:

8228 http://www.nrlpak.com/
Karachi, 74900 Investor Relations, Financial Information,
Pakistan Corporate History/Profile, Executives,
+92-21-5064135 (Phone) Products/Services
+92-21-5054663 (Fax)

Key Stats & Ratios

Q4 (Dec '08) Annual Annual

(2008) (TTM)

Net profit margin -2.95% 4.64% 2.25%

Operating margin -1.89% 7.85% 6.09%

EBITD margin - 8.04% 6.22%

Return on average assets -6.16% 15.16% 7.81%

Return on average equity -18.31% 39.82% 22.76%

Employees 913 - -
Bosicor Pakistan Limited

(Public, KAR:BOSI)

Summary

Bosicor Pakistan Limited (BPL) is a Pakistan-based company. The Company is engaged in the
manufacturing of a range of petroleum products. The Company's refinery is located on the coast
of Balouchistan, on an area of approximately 81 acres out of total company-owned estate of
approximately 600 acres, about 45 kilometers from the city of Karachi. During the fiscal year
ended June 30, 2008 (fiscal 2008), the Company's refinery had a total capacity of 1.5 million
tons/annum. The projects of the Company include crude distillation revamp project, sub-sea
pipeline project and isomerization project.

2nd Floor Business Plaza Mumtaz Company-website:

Hassan Road http://www.bosicor.com.pk
Karachi, 74000 Corporate History/Profile, Executives,
Pakistan Products/Services
+92-21-111222081 (Phone)
+92-21-2420722 (Fax)

Key Stats & Ratios

Q4 (Dec '08) Annual Annual

(2008) (TTM)

Net profit margin -52.22% 0.04% -14.31%

Operating margin -26.53% 4.92% -3.23%

EBITD margin - 5.63% -2.68%

Return on average assets -90.00% 0.06% -44.94%

Return on average equity -1794.61% 0.35% -318.58%