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June 11 - 17, 2001

Union Bank Launches "Business Power"

Union Bank launched its first Consumer Asset Product "Business Power", a programme based Running Finance Facility targeted at Businessmen and self employed Professionals.

Chief Executive dines at Spices

The Chief Executive of Pakistan, General Pervez Musharraf recently had a magnificent dinner at the Karachi Sheraton Hotel & Towers' newly opened Oriental restaurant — SPICES.

In the written comments given to the restaurant staff at Spices, General Musharraf wrote "Good work, keep it up! Thank you for the warmth and friendliness that you have served us with."

Novartis (Pakistan) Limited is now Syngenta Pakistan Limited

Following the global merger of Novartis Agribusiness and Zeneca Agrochemicals and formation of Syngenta, in November 2000, the name of Novartis (Pakistan) Limited has changed to Syngenta Pakistan Limited.

Syngenta Pakistan Limited is the leading agribusiness of Pakistan, marketing crop protection products and seeds.

Syngenta is committed to provide outstanding crop solutions to growers to enable them to produce high quality profitable crop in a sustainable way.

Intel® Itanium™ Processor Fact sheet

The Intel® Itanium™ processor is the first in a family of 64-bit processors from Intel, enabling a broad choice of platforms and applications for high-end, 64-bit servers and workstations at significantly lower costs than proprietary offerings. Starting the week of May 29, 2001, computer manufacturers will begin initial shipments of Intel Itanium-based workstations and servers. Intel expects approximately 25 computer manufacturers to market more than 35 Itanium-based system models throughout the year depending upon individual production and validation schedules.

Intel Itanium Processor Milestones:

May 29, 2001: Intel announces initial shipments of Itanium-based workstations and servers from approximately 25 computer manufacturers throughout the year.

February 2001: Intel demonstrates the McKinley processor and the 2001 Intel Developers Forum in San Jose.

October 2000: At the Intel eXCHANGE event, Intel demonstrates initial end-user Itanium processor pilots and begins recording processor revenue.

July 2000: Intel and Microsoft announce the preview release of the 64-bit Windows® operating system for the Itanium processor.

May 2000: Intel releases the Itanium™ Processor Microarchitecture Reference Guide to the Internet for software developers that details the functional behavior of the Itanium processor.

October 1999: Intel announces "Itanium™" as the brand name for its first 64-bit processor, formerly code-named Merced. The Itanium processor Family and Itanium Architecture also reflect future processors and what was once called the EPIC Architecture.

August 1999: Intel demonstrates Linux and 64-bit Windows* running on the Itanium processor for the first time and announced that first engineering samples of the Itanium processor are being delivered to customers.

June 1999: Intel and Hewlett Packard announce the IA-64 Instruction Set Architecture.

May 1999: Intel as well as various corporate users and several OEMs announce the Intel 64 Fund, a $250 million equity investment fund for the development of software applications for high-end enterprise server and workstation applications.

November 1997: Intel and HP armounce EPIC-based (Explicitly Parallel Instruction Computing) Itanium architecture and discuss IA-64 processor family roadmap beginning with Merced, now called Titanium".

June 1994: Intel and Hewlett Packard sign an agreement to jointly develop a new 64-bit architecture focused on the server and workstation market.

Facts about the Intel® Itanium™ procesor:

• Intel expects approximately 25 computer manufacturers to market more than 35 Itanium-based system models throughout the year depending upon individual production and validation schedules.

• The Itanium processor family includes support for four operating systems — Windows XP, Linux (with four distributors), Hewlett Packard's HP-UX and IBM's AIX-5L) and what is expected to be hundreds of software applications throughout the rest of this year.

• Initial Itanium processor-based systems include 2 and 4 MB of L3 cache and frequency speeds of 800 and 733 MHz. Intel is also shipping the Intel 460GX chipset for two-and four-way systems, and server and workstation motherboards.

• Complimenting the Intelt® Xeon™ processor family, Itanium-based system sales will target specific market segments. Including large databases, data mining, e-Commerce security transactions, computer aided engineering and high performance computing.

• Hundreds of companies are developing applications for the Itanium Processor Family and a record number of companies are developing technologies and products for the Itanium processor family — more than any other 64-bit architecture.

• The Intel Itanium architecture is based on EPIC (Explicitly Parallel Instruction Computing) technology. Using EPIC, the Itanium processor can perform up to 20 operations simultaneously.

• The Itanium processor shows world-class floating point performance (up to 6.4 billion operations in one second) for rapid analysis of business data mining applications and high performance computing.

• Itanium-based servers include special instructions to speed security transactions, showing greater than 10-fold advantage over similarly configured RISC-based systems.

• The Intel Itanium-based servers come equipped to directly address 16 terabytes of information.

• Itanium-based servers can process up to 2.1 gigabytes per second.