Thel Head/Principal Offices of
All Authorized Dealers in Foreign Exchange.

Dear Sirs,

25% FREIGHT SUBSIDY ON EXPORTS

In continuation of our Circular Letter No. 01/EPP-1(51)-2003 dated the 4th January, 2003, Authorized Dealers may please find enclosed copy of Form for reimbursement claim of 25% Freight Subsidy from National Bank of Pakistan and Summary of the claim as published by the Export Promotion Bureau.

2. Please bring the above to the notice of all your constituents.

Encls. As above.