INVITATION TO ACT AS ARRANGER/PROVIDER TO RAISE FOREIGN CURRENCY FINANCING FOR ACQUISITION OF SHIPPING VESSELS BY WHOLLY OWNED SUBSIDIARIES OF PAKISTAN NATIONAL SHIPPING CORPORATION

26th March, 2009

Please refer to our invitation placed on our website on 4th March 2009 soliciting interest from Banks and other recognized financial institutions to act as Arranger/Provider to raise foreign currency long term debt (Facility) to finance acquisition of shipping vessels by wholly owned subsidiaries of PNSC.



We are pleased to inform that all interested parties may now send their detailed proposals in accordance with the specified criteria latest by 14th April 2009.



Proposals should be sent to the attention of:



Executive Director (Finance) 
Pakistan National Shipping Corporation PNSC Building, MT Khan Road Karachi 
Tel: 92 21 920 4031 
Fax: 92 21 920 3974 & 92 21 563 6658 
Email: iagboatwala@pnsc.com.pk





Should you have any further queries, please do not hesitate to contact us.

 Dated: 26-March-2009

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