Manzoor Zaidi P 92 21 35301040 E manzoorzaidiablcom Page 2 of 94 STATEM ENT ON

Manzoor zaidi p 92 21 35301040 e manzoorzaidiablcom

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Manzoor Zaidi P: +92 21 35301040 E: [email protected] .
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Page 2 of 94 STATEM ENT ON ISSUER’S ABSO LUTE RESPONSIBILITY The Issuer, having made all reasonable inquiries, accepts responsibility for the disclosures made in this Prospectus and confirms that: this Prospectus contains all information with regards to the Issuer and the Issue, which is material in the context of the Issue and nothing has been concealed; the information contained in the Prospectus is true and correct to the best of our knowledge and belief; the opinions and intentions expressed herein are honestly held; and there are no other facts, the omission of which makes this document as a whole or any part thereof misleading. For and on behalf of Issuer, -sd- Ruhail Mohammed Chief Executive Officer Engro Fertilizers Limited
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Page 3 of 94 GLOSSARY OF TECHNICAL TERMS CAPEX Capital Expenditure CDA Central Depositories Act, 1997 CDCPL The Central Depository Company of Pakistan Limited CDS Central Depository System CNIC Computerized National Identity Card Commission / SECP Securities and Exchange Commission of Pakistan Company Engro Fertilizers Limited Corp Engro Corporation Limited DAP Diammonium Phosphate DIB Dubai Islamic Bank Pakistan Limited. DFI consortium A consortium of three Development Financial Institutions which include DEG- Deutsche Investitions- und Entwicklungsgesellschaft mbH, FMO - Netherlands Development Finance Company and The OPEC (Organization of Petroleum Exporting Countries) Fund for International Development EFL Engro Fertilizers Limited EXCHANGES Karachi Stock Exchange Limited and Lahore Stock Exchange Limited FDI Foreign Direct Investment FX Foreign Exchange GOP Government of Pakistan GSA Gas Supply Agreement HBL Habib Bank Limited HNWI High Net Worth Individual IFC International Finance Corporation IPO Initial Public Offer Issue New Shares Issue Issuer Engro Fertilizers Limited ITO Income Tax Ordinance, 2001 KIBOR Karachi Interbank Offered Rate KSE Karachi Stock Exchange Limited KT One thousand metric tonnes LIBOR London Interbank Offered Rate LSE Lahore Stock Exchange Limited MAP Monoammonium Phosphate MMSCFD Million Standard Cubic Feet per Day MT One million metric tonnes NFDC National Fertilizer Development Centre NOC No Objection Certificate NPK A blended fertilizer consisting of three major nutrients (Nitrogen (N), Phosphorus (P) and Potassium (K) MPNR Ministry of Petroleum and Natural Resources Ordinance The Companies Ordinance, 1984 PKR / Rs Pakistan Rupee(s) SCRA Special Convertible Rupee Account SNGPL Sui Northern Gas Pipelines Limited TREC Trading Right Entitlement Certificate Holder USD US Dollars WHT Withholding Tax
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Page 4 of 94 DEFINITIONS Application Money In case of bidding for shares out of the Book Building portion, the total amount of money payable by a successful Bidder which is equivalent to the product of the Strike Price and the number of shares to be allotted.
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