MATINSPINN Corporate Disclosure — 1 January 2017

(Continuation news of MATINSPINN): to Jinnat Knitwears Limited (a private company, all the directors of which are also directors of Matin Spinning Mills Limited) without obtaining permission from shareholders and BSEC before disbursing the above loan. 5. In Note: 42 (iii) to the financial statements, management explains about substantial sales to some companies (having some common directorship) of DBL group without taking approval from the shareholders before entering into such sale arrangements. (cont.3)