Press Release

JCR-VIS Revises Sukuk Rating of Quetta Textile Mills Limited

Karachi, March 30, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the Sukuk rating of Quetta Textile Mills Limited (QTML) from ‘BB’ (Double B) to ‘D’ in view of non-payment of full installment (principal plus interest) due on March 26, 2012.

For further information on this rating announcement, please contact Ms. Sobia Maqbool, CFA (Ext: 506) or Mr. Javed Callea (Ext: 501) at 92-21-35311861-70 or fax to 92-21-35311873.

Javed Callea

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