FORM 34. THE COMPANIES ORDINANCE 1984 (Section 236(1) and 464) PATTERN OF SHAREHOLDING. 1. Incorporation Number

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1 FORM 34 THE COMPANIES ORDINANCE 1984 (Section 236(1) and 464) PATTERN OF SHAREHOLDING 1. Incorporation Number 2. Name of the Company PAKISTAN NATIONAL SHIPPING CORPORATION 3. Pattern of holding of the shares held by the shareholders as at 30-JUN-16 No. of Total Shares Shareholders Shareholdings Held Shareholding From 1 To , Shareholding From 101 To , Shareholding From 501 To , Shareholding From 1001 To ,457, Shareholding From 5001 To , Shareholding From To , Shareholding From To ,533 7 Shareholding From To ,903 7 Shareholding From To ,962 3 Shareholding From To ,575 2 Shareholding From To ,500 2 Shareholding From To ,500 2 Shareholding From To ,400 1 Shareholding From To ,865 1 Shareholding From To ,400 1 Shareholding From To ,000 4 Shareholding From To ,300 4 Shareholding From To ,600 1 Shareholding From To ,000 2 Shareholding From To ,000 1 Shareholding From To ,812 1 Shareholding From To ,700 2 Shareholding From To ,200 2 Shareholding From To ,000 1 Shareholding From To ,000 1 Shareholding From To ,000 1 Shareholding From To ,564 1 Shareholding From To ,100 1 Shareholding From To ,707 1 Shareholding From To ,230,173 1 Shareholding From To ,500,000 1 Shareholding From To ,287,700 1 Shareholding From To ,238,269 1 Shareholding From To ,468, , ,063,379 ===================================================================================

2 Categories of Shareholders Shares Held Percentage % BANKS DEVELOPMENT FINANCIAL INSTITUTIONS, NON BANKING FINANCIAL INSTITUTIONS. UNITED BANK LIMITED 11 MUSLIM COMMERCIAL BANK LTD 95 NATIONAL BANK OF PAKISTAN 1,155 HABIB BANK LTD 117 HABIB BANK LTD., 250 UNITED BANK LTD 640 UNITED BANK LTD 157 M/S NATIONAL BANK OF PAKISTAN 7 M/S HABIB BANK LTD 2 LAHORE COMMERCIAL BANK LTD 34 LAHORE COMMERCIAL BANK LTD., 30 NATIONAL BANK OF PAKISTAN 952 M/S. HABIB BANK LIMITED 714 UNITED BANK LIMITED 924 HABIB BANK LIMITED - LSE BRANCH 115 INDUS BANK LIMITED 28,010 NATIONAL BANK OF PAKISTAN 246 NATIONAL BANK OF PAKISTAN 608,707 MCB BANK LIMITED - TREASURY 2,287,700 MCB BANK LIMITED - TREASURY 282,000 ESCORTS INVESTMENT BANK LIMITED 195 HABIB BANK LIMITED 1,487 UNITED BANK LTD 115 UNITED BANK LTD 28 THE MUSLIM COMM.BANK LTD., 60 UNITED BANK LTD 106 M.C.B. 272 NATIONAL INVESTMENT TRUST, 1 UNITED BANK LTD 60 HABIB BANK LIMITED 508 MUSLIM COMMERCIAL BANK LTD. 18 HABIB BANK LTD 6 M/S COMMERCE BANK LTD 1,834 HABIB BANK LIMITED. 237 NATIONAL BANK OF PAKISTAN 59,865 COMMERCE BANK LIMITED 1,103 HABIB BANK LIMITED. 175 M/S UNITED BANK LTD 113 M/S COMMERCE BANK LTD 239 M/S THE AUSTRALASIA BANK LTD 16 M/S THE AUSTRALASIA BANK LTD 1 THE MUSLIM COMMERCIAL BANK LTD 36

3 BANKS DEVELOPMENT FINANCIAL INSTITUTIONS, NON BANKING FINANCIAL INSTITUTIONS. M/S MUSLIM COMMERCIAL BANK LTD 103 HABIB BANK LIMITED. 9 M/S THE MUSLIM COMMERCIAL BANK LTD 3 M/S AUSTRALASIA BANK LTD 2 UNITED BANK LIMITED 1 UNITED BANK LIMITED, 8 UNITED BANK LIMITED 3 UNITED BANK LTD. 13 M/S THE MUSLIM COMMERCIAL BANK LTD 26 N.B.P.TRUSTEE DEPTT 1,157 NATIONAL INVESTMENT TRUST LTD 1,315 MUSLIM COMMERCIAL BANK LTD 790 PREMIER BANK LIMITED, 5 HABIB BANK LTD 3 NATIONAL BANK OF PAKISTAN 157 UNITED BANK LTD 11 M/S HABIB BANK LIMITED A/C 10 HABIB BANK LIMITED 141 THE AUSTRALASIA BANK LTD 706 BANK OF BHAWALPUR LTD. 1,741 M/S HABIB BANK LTD 1,630 HABIB BANK LIMITED 554 HABIB BANK LIMITED 2,219 HABIB BANK LTD. 204 HABIB BANK LTD 2,258 MUSLIM COMMERCIAL BANK LTD 290 M/S THE MUSLIM COMMERCIAL BANK LTD 107 HABIB BANK LIMITED 229 THE EASTERN MERCANTILE BANK LTD 1 EASTERN MERCANTILE BANK LTD 4 C.B.L.,A/C.U.I.CO.OF PAK.LTD, 517 M/S NATIONAL BANK OF PAKISTAN A/C 1 ASIAN CO-OPERATIVE BANK LTD. 113 UNITED BANK LIMITED 212 STANDARD BANK LTD 138 AUSTRALASIA BANK LTD 403 Sub-Totals : 3,293, INSURANCE COMPANIES STATE LIFE INSURANCE CORP. OF PAKISTAN 1,230,173 THE STATE LIFE INSURANCE CORPORATION 765 ALPHA INSURANCE CO. LTD. 79,000 EXCEL INSURANCE CO.LTD. 10,000 PAKISTAN INSURANCE CORPORATION 1,067 STATE LIFE INSURANCE CORP OF P 2,000 NEW JUBILEE INS. CO. LTD. 380 UNION INS. CO. OF PAK. LTD. 1,970

4 INSURANCE COMPANIES HABIB INSURANCE COMPANY LIMITE 4,297 CENTRAL INSURANCE CO. LTD. 2,264 THE PREMIER INSURANCE CO OF PA 1,020 UNITED INSURANCE COMPANY OF PAK LTD 477 UNIVERSAL LIFE AND GEN.INS.CO. LTD. 888 M/S UNION INSC CO OF PAKISTAN LTD 153 EFU LIFE ASSURANCE LTD 161,700 Sub-Totals : 1,496, DIRECTORS, CHIEF EXECUTIVE OFFICER, AND THEIR SPOUSE AND MINOR CHILDREN KHOWAJA OBAID IMRAN ILYAS 115 MISS. AVA ARDESHIR COWASJEE 4,359 MR. ANWAR SHAH 100 KHOWAJA OBAID IMRAN ILYAS 2,299 Sub-Totals : 6, ASSOCIATED COMPANIES, UNDERTAKING AND RELATED PARTIES. M/S PNSC EMPLOYEES EMPOWERMENT TRUST 5,238,269 MOHAMMADI ENGG. WORKS LTD 4,766 Sub-Totals : 5,243, MODARABAS AND MUTUAL FUNDS. PRUDENTIAL STOCK FUND LTD. 390 FIRST PRUDENTIAL MODARABA 16 CDC - TRUSTEE NAFA MULTI ASSET FUND 96,000 SAFEWAY FUND LIMITED 25,000 CDC - TRUSTEE NAFA ISLAMIC ASSET ALLOCAT 174,200 PAK ASIAN FUND LIMITED 3,700 B.R.R. GUARDIAN MODARABA 8,200 PAK ASIAN FUND LIMITED 1,000 CDC-TRUSTEE NAFA ASSET ALLOCATION FUND 78,700 CDC - TRUSTEE FIRST CAPITAL MUTUAL FUND 7,200 CDC - TRUSTEE NAFA ISLAMIC STOCK FUND 224,000 FIRST EQUITY MODARABA 15 M/S. SECOND PRUDENTIAL MODARABA 77 THIRD PRUDENTIAL MODARABA 628 CDC - TRUSTEE NAFA STOCK FUND 519,100 Sub-Totals : 1,138, NIT AND ICP NATIONAL BANK OF PAKISTAN 52 INVESTMENT CORPORATION OF PAK 100 INVESTMENT CORPN. OF PAKISTAN 313 INVESTMENT CORPORATION OF PAKI 16,897

5 NIT AND ICP INVESTMENT CORPORATION OF PAKI 7 NATIONAL BANK OF PAKISTAN 10 M/S INVESTMENT CORP. OF PAK. LTD. 144 INVESTMENT CORPORATION OF PAKI 39,163 M/S INVEST. CORP. OF PAKISTAN 1,587 NATIONAL BANK OF PAKISTAN 462 INVESTMENT CORP. OF PAKISTAN 2,564 INVESTMENT CORP. OF PAKISTAN 4,746 INVESTMENT CORPORATION OF PAKI 11,942 Sub-Totals : 77, FOREIGN INVESTORS HUMAYOUN RASHID CHOUDHRY 900 CITICORP VICKERS HONGKONG LTD., 93 BANKERS TRUST CO., (U.S.A). 2,344 STATE STREET BANK & TRUST CO. 758 M/S. BROWN BROTHERS HARRIMAN & CO., 1,576 M/S.SMITH NEW COURT FAR EAST LTD., 31 CITIBANK N.A. HONGKONG 527 M/S.MORGAN STANLEY TRUST CO.,(U.S.A) 57 Sub-Totals : 6, OTHERS IGI FINEX SECURITIES LIMITED 1 Trustees Wah Nobel P. Ltd. Mang.Staff PF 10,000 CENTRAL DEPOSITORY COMPANY OF PAKISTAN L 3 International Asset Management Co. Ltd 1 STANDARD CAPITAL SECURITIES (PVT) LIMITE 20,000 Y.S. SECURITIES & SERVICES (PVT) LTD. 804 ZAFAR SECURITIES (PVT) LTD. 9,500 MILLWALA SONS (PRIVATE) LIMITED 58 PREMIER FASHIONS (PVT) LTD 12,500 TRUSTEES OF SANA IND LTD.EMP GRAT FUND 10,488 TRUSTEE NATIONAL BANK OF PAKISTAN EMPLOY 39,912 TRUSTEE NATIONAL BANK OF PAKISTAN EMP BE 1,401 S.H. BUKHARI SECURITIES (PVT) LIMITED 817 SARFRAZ MAHMOOD (PRIVATE) LTD 123 MAPLE LEAF CAPITAL LIMITED 1 DJM SECURITIES (PRIVATE) LIMITED 2,500 CDC - TRUSTEE PAKISTAN CAPITAL MARKET FU 18,600 MIAN NAZIR SONS INDUSTRIES (PVT) LIMITED 5,000 MUHAMMAD AHMED NADEEM SECURITIES (SMC-PV 96 ISMAIL ABDUL SHAKOOR SECURITIES (PRIVATE 12 MUHAMMAD AHMAD NADEEM SECURITIES (SMC-PV 344 MSMANIAR FINANCIALS (PVT) LTD. 9,660 KAISAR SHAHZADA (PVT) LIMITED 55,000 KHAWAJA SECURITIES (PVT.) LIMITED 14,000 TRUSTEE THALL LIMITED- EMPLOYEES RETIREM 1,500 CDC - TRUSTEE HBL IPF EQUITY SUB FUND 72,300 CDC - TRUSTEE HBL PF EQUITY SUB FUND 72,000 TRUSTEE-THE KOT ADDU POWER CO. LTD. EMPL 9,000 AKHUWAT 16,000 FIKREE'S (SMC-PVT) LTD. 3,048 CDC - TRUSTEE NAFA PENSION FUND EQUITY S 63,400

6 OTHERS CDC - TRUSTEE NAFA ISLAMIC PENSION FUND 43,500 ARIF HABIB LIMITED - MF 1,100 CDC - TRUSTEE NATIONAL INVESTMENT (UNIT) 436,564 CDC - TRUSTEE HBL MUSTAHEKUM SARMAYA FUN 70,700 CDC - TRUSTEE HBL ISLAMIC ASSET ALLOCATI 28,000 DIRECTOR GENERAL PORT & SHIPPING 112,468,455 ESMAIL MULLA ADAMALLI & CO 170 K T B R GANI & CO 438 FAKHRUDDIN ADAMJI & CO 84 A K M EBRAHIM ALY & CO 78 M/S M.R.FAZAL & CO. 438 HAJI ABDULLAH ALI REZA & CO. 13,719 KASAMANI & CO. 438 M/S HAJI ABDULLAH ALI REZA & CO. 11,218 VALI MOHAMED HAJI WALJI & CO. 1,757 M/S NASSERS TRADING CO.LTD. 1,087 STANDARD ENGINEERING CO. LTD. 793 PAN ISLAMIC STEAM SHIP CO. LTD 55 M/S KAZI AND KAZI LIMITED 31 ADAMJEE COTTON MILLS KYC.WORKE 346 M/S.WALI SONS LIMITED 462 COMBINED INVESTMENT LTD. 18,690 DADA LIMITED 808 ADMINISTRATIORS NATIONAL BANK 158,812 BIBOJEE SERVICES LIMITED. 1,905 MERCANTILE FINANCE CORPORATION 7,916 FIKREE DEVELOPMENT CORP. LTD. 1,373 COMBINED INVESTMENTS LTD 798 SIND STEEL CORPORATION 34 GULF STEAMSHIPS LIMITED 798 KARACHI STEAM NAVIGATION CO. LTD 798 BANDE NAWAZ LIMITED 412 THE PAN ISLAMIC STEAMSHIP CO. LTD. 146 THE PAK ISMAILIA CO-OP BANK LTD 798 PAKISTAN STEAM NAVIGATION CO LTD 798 SHARE TRADING CO. LTD., 23 MACKINNON MACKIENZIE & CO.PAK.LTD. 1 M/S RAJA CORPORATION 38 TRAVEL & TOURIST SERVICES (PVT) LTD, 154 NATIONAL INDUSTRIAL CO-OPERATIVE 2,541 PRUDENTIAL STOCKS FUND LTD., 2,202 M/S. NAFEES CARPET CO. (PVT) LTD., 670 M/S. SEATRADE (PVT) LIMITED 100 FAREEDOM ENTERPRISES (PVT.) LIMITED 2,310 M/S. TRUSTEE GHULAMAN-E-ABBAS 153 Sub-Totals : 113,729, Individual Local - Individuals 7,071,613 Sub-Totals : 7,071, G-Totals : 132,063, =====================================

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