COMPANY HISTORY:

Amtex Limited (the Company) is a public limited company incorporated in Punjab, Pakistan
under the Companies Ordinance, 1984 and listed on Pakistan Stock Exchange limited (formerly
Karachi Stock Exchange Limited) in Pakistan. Amtex is one of the leading textile manufacturing
groups in Pakistan. It is a vertically integrated group with operations in all sectors of the textile
industry from Spinning to Stitching. The annual turnover of the group is around 200 million US
dollars. Amtex provides employment opportunities to about 15,000 families. It has a diversified
product and market portfolio. Amtex holds a special position in the textile industry in the sense
that it provides the largest variety and combination of products to its customers under one roof.

The registered office of the Company is situated at P-225, Tikka Gali No. 2, Montgomery Bazar,
Faisalabad. The principal business of the Company is export of all kinds of value added fabrics,
textile made-ups, casual and fashion garments duly processed. The Company is also engaged in
the business of manufacturing and sale of yarn and fabrics on its own and conversion basis. The
cloth processing unit and stitching units are located at 1 KM Jaranwala Road, Khurrianwala,
District Faisalabad and spinning unit is located at 30 KM Sheikhupura Road, Khurrianwala,
District Faisalabad.

The manufacturing processes at Amtex are certified on ISO 9001:2000 standards. It is a quality
conscious company and has a well define policy towards quality. This policy is the driving force
behind achieving the quality of the products produced in Amtex.

Amtex’s philosophy is to create a single channel for satisfying diverse and high class needs of
their valued partners. They are highly flexible in responding to dynamic needs of their
customers, having a set of truly devoted professionals who focus on their areas of specialties to
produce highly valued products. It believes in partnership not only with their customers but also
with their employees who have proved to be a key in maintaining the highest level of excellence
in the outputs.
REGISTRATION IN STOCK EXCHANGE:

Amtex was registered or listed in stock exchange on 13th April 2010, the management intended to
list AML on the Karachi Stock Exchange (“KSE”) Guarantee Limited through an Initial Public
Offering (“IPO”) by offering 61 million Ordinary shares. The Company issued 42.7 million
Ordinary shares (70% of the total issue size) through the Book Building process to Institutional
Investors and High Net Worth Individuals (“HNWI”) at the strike price determined through the
Book Building process with remaining 18.3 million Ordinary shares (30% of the total issue size)
were issued to General Public. The floor price for the issue had been set at PkR 13 per share.

Approval of the Securities & Exchange Commission of Pakistan (the “SECP” or the
“Commission”) as required under Section 57(1) of the Companies Ordinance, 1984 (the
“Ordinance”) has been obtained by Amtex Limited (“Amtex” or “the Company”).
BOOK BUILDING & ROAD SHOW PERFORMANCE

The issue at AMTEX is being floated through the Book Building process following Book
Building Rules introduced April 2008. The Book building is a process whereby investors bid for
a specific number of shares at various prices. The Lead Manager (“LM”) & Book Runner
(“BR”), with the consent of Issuer, sets a floor price which is the lowest price an investor can bid
at. An order book of bids from investors is maintained by the BR, which is then used to
determine the cut off/strike price through the “Dutch Auction Method”.

The order book is displayed on the website of the Book Runner on real time basis. Under the
Dutch Auction Method, the strike/cut off price is determined by lowering the price to the extent
that the total number of shares that the Issuer intends to issue through the Book Building process
is entirely exhausted. This mechanism offers flexibility to the investors to either withdraw or
revise their bids during the bidding period.

LEAD MANAGER AND BOOK RUNNER

AKD Securities Limited has been mandated by the Company to act as a Lead Manager and Book
Runner to this Issue, which is being made through the Book Building Process as laid out in
Appendix 4 of the Listing Regulations of the KSE. AKD Securities Limited (“AKDS”) is ranked
among the premium brokerage houses in Pakistan and its Investment Banking team is among the
most active in carrying out financial advisory services in Pakistan’s capital markets.

ROADSHOW PERFORMANCE:
 A road show refers to sales presentations pitched in different places to make up an initial public
offering. A road show is also defined as a series of meetings held across different locations
between the executives of an issuing company and potential investors in an initial public
offering. On Feb 19, Amtex Limited organized a road show in Karachi in relation to issuance of
shares through the book building process for the proposed Initial Public Offering (IPO) of 61
million ordinary shares.

The floor price for the issue was set at Rs13 per share. The bidding period was from Feb 24-26,
2010 (both days inclusive) from 9.00am to 5.00pm. (Dawn News)

SUCCESS STORY OF IPO EXECUTION

Amtex offered remaining 18.3 million shares to general public through IPO

Amtex Limited, the largest vertical integrated textile setup in Pakistan, announced to issue the
remaining 18.30 million ordinary shares to general public through initial public offering (IPO) at
offer price of Rs 13 per share. It was the 30 percent of the total IPO of 61 million ordinary
shares. The subscription date was March 24 and 25, 2010. It appointed AKD Securities Limited
as financial advisor & arranger, lead manager and book runner

In this regard, a road show presentation was held at the auditorium of Karachi Stock Exchange
(KSE) on Monday to brief the investors about the IPO and the company's performance. Fareed
Alam, CEO of AKD Securities said that book building portion, which was the 70 percent of total
issue of 61 million ordinary shares has been oversubscribed and successfully closed.

The event was widely attended by both local and foreign investors, high net worth individuals
and mutual funds. The strike price determined through the book building was Rs 13 per share.
The CFO of Amtex Limited, Muhammad Zeeshan Abid, while speaking on this occasion, said
that the aim of listing was to inject additional equity into the company for working capital
requirement and balance sheet optimisation.
The management of Amtex Limited had appointed AKD Securities Limited as the Lead
Manager, Arranger and Book Runner for the transaction. The underwriters to the issue were
including United Bank Limited, Al Baraka Islamic Bank Limited, Pak Libya Holding Company,
Pak China Investment Company, AKD Securities, M.M. Securities, Invest Capital Investment
Bank and A&N Worldwide. The bankers to the issue of Arif Habib Bank, Askari Bank, Bank Al
Falah, Faysal Bank, Habib Metropolitan Bank, Habib Bank, KASB Bank, MCB Bank, Soneri
Bank, The Bank of Punjab and United Bank.

The IPO execution was smooth and successful, and helped Amtex raise the required quity for
their working capital requirement.