The Head/ Principal Offices of all

Authorized Dealers in Foreign Exchange,

All Exchange Companies & Exchange Companies of 'B' Category

Dear Sirs/Madams,

We have to advise that Mr. Ali Sultan has assumed charge as Director, Exchange Policy Department, State Bank of Pakistan, Karachi with effect from 14th March, 2011. His specimen signature is appended below

All correspondence in respect of issues relating to Exchange Policy Department may, therefore, be addressed accordingly.

SPECIMEN SIGNATURE.

(Ali Sultan)

Director