Appointment of MD/CEO

CS04-08 (PSX/LSE/SECP)

 January 21, 2020

Subject: APPOINTMENT OF MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER

Dear Sir,

It is hereby informed that OGDCL Board of Directors in its 219^th meeting held on January 21, 2020 has approved the appointment of Mr. Shahid Salim Khan as Managing Director/ Chief Executive Officer in place of Dr. Naseem Ahmad.

2.       The appointment of Mr. Shahid Salim Khan will be for a period of three years to be reckoned from the date of his joining. Mr. Shahid Salim Khan will assume the duties of the office of MD/CEO on January 27, 2020.

3.       You may please inform the TRE Certificate Holders of the Exchange accordingly.

Yours sincerely,

                                                                                                                (Ahmed Hayat Lak)

                                                                                                                Company Secretary

Copy:

Director/HOD,

Surveillance, Supervision and Enforcement Department

Securities & Exchange Commission of Pakistan,

NIC Building, 63 Jinnah Avenue, Blue Area,

Islamabad.