STOCK REPORT OF PLEDGE

To,

NIB Bank Ltd., Sr. No. 02

Razia Sharif Plaza, Ref. # BRR/AI-NIB/FCI
Blue Area, Dated: 13-10-08
ISLAMABAD. D.O. No. 04/08

Dear Sir,

We submit herein under the particulars of our stocks in our premises as M/s. Frontier Cable Industries (Pvt.) Ltd.., situated at Plot No. 13, Phase-IV, Hattar Industrial
Estate, Hattar, on account of M/s Frontier Cable Industries (Pvt.) Ltd., held in your name and on our account as lien & pledge to you.

Balance as
Value of
Description Unit per last Received Delivered Balance Rate per Unit Remarks
Colateral
S/R
Secondary Coating
Master batches Blue Bags 8.0 8.0 26,173.38 209,387.04
Master batches Gray/Slat Bags 6.0 6.0 26,173.38 157,040.28
Master batches White Bags 4.0 4.0 26,173.38 104,693.52
Master batches Red Bags 1.0 1.0 26,173.38 26,173.38
Master batches Black Bags 1.0 1.0 26,173.38 26,173.38
Master batches Yellow Bags 1.0 1.0 26,173.38 26,173.38
Master batches Violet Bags 1.0 1.0 26,173.38 26,173.38
Master batches Rose Bags 1.0 1.0 26,173.38 26,173.38
Master batches Orange Bags 13.0 13.0 26,173.38 340,253.94
Ultradur B-6550 PBT BASF Bags 618.0 618.0 5,530.53 3,417,867.54
Thixotropic Jelly (Unigel 200N-400) Drum 40.0 40.0 20,385.00 815,400.00
Flooding Compound (128FN - WB) Drum 11.0 11.0 21,186.30 233,049.30

Stranding Line
FRP/CSM 3.00 mm (New) 25 Km. Rl. Reel 3.0 3.0 62,001.00 186,003.00
FRP 2.3 mm Reel 12.0 1.0 11.0 87,916.00 967,076.00
Water Swellable tape 13 mm Boxes 4.0 4.0 5,891.88 23,567.52
Water Swellable tape 13 mm Boxes 6.0 6.0 6,828.03 40,968.18
Water Swellable tape 12 mm Boxes 43.0 43.0 6,523.48 280,509.64
Water Swellable tape 12 mm Boxes 40.0 40.0 6,218.41 248,736.40
Water S. Yarn Carton 2.0 2.0 13,973.88 27,947.76
Water Swellable tape 25 mm Carton 49.0 49.0 5,722.45 280,400.05
Water Swellable tape 34 mm Carton 31.0 31.0 5,135.53 159,201.43
Water Swellable tape 45 mm Carton 17.0 17.0 5,722.15 97,276.55
Water Swellable Yarn Carton 346.0 3.0 343.0 4,520.38 1,550,490.34
Binder Yarn 2222 Carton 32.0 32.0 4,586.55 146,769.60
Binder Yarn 1333 Carton 4.0 4.0 4,586.55 18,346.20
Binder Yarn 1333 Carton 1.0 1.0 4,222.24 4,222.24
Binder Yarn 1333 Carton 83.0 83.0 4,221.70 350,401.10
Binder Yarn 1110 Carton 25.0 25.0 3,128.94 78,223.50
Binder Yarn 2220 Carton 9.0 9.0 3,144.48 28,300.32
Binder Yarn 333 Carton 9.0 9.0 3,983.80 35,854.20
Printing Tape White Reel 250.0 100.0 150.0 169.90 25,485.00

Sheating
Aluinium Tape 32 mm Pallets 1.0 1.0 154,722.77 154,722.77
Glass Roving Yarn 785 tex @ 45 R/P Roll 188.0 188.0 3,515.88 660,985.44
MDPE Bag 577.0 577.0 2,547.68 1,470,008.48 14 Bags damaged
Steel Tape 18 mm Pack 2.0 2.0 144,358.34 288,716.68
Steel Tape 37 mm Pallets 4.0 4.0 216,275.00 865,100.00
Steel Wire 1.00 mm Pallets 2.0 2.0 55,480.60 110,961.20
Steel Wire Rope 0.9 mm Pallets 3.0 3.0 36,328.50 108,985.50

Optical Fibre
Optical Fibre (N) Coloured mm 62.5 KM 110.0 110.0 3,124.00 343,640.00
S.M Optical Fibre (Draka)
S.M.O.F G-652-D Orange KM 0.8 0.8 505.21 404.17 Physically NIL
S.M.O.F G-652-D Green KM 0.8 0.8 505.21 404.17 Physically NIL
S.M.O.F G-652-D Grey KM 25.2 25.2 505.21 12,731.24
S.M.O.F G-652-D White KM 25.2 25.2 505.21 12,731.24
S.M.O.F G-655-C Red KM 0.8 0.8 950.72 760.58 Physically NIL
S.M.O.F G-655-C Black KM 50.4 50.4 950.72 47,916.44
S.M.O.F G-655-C Yellow KM 25.2 25.2 950.72 23,958.22
S.M.O.F G-655-C Voilet KM 25.2 25.2 950.72 23,958.22
S.M.O.F G-655-C Pink KM 25.2 25.2 950.72 23,958.22
S.M.O.F G-655-C Aqua KM 25.2 25.2 950.72 23,958.22
M.M Optical Fibre 50/125 (Draka) -
M.M.O.F 50/125 Blue KM 2.2 2.2 2,005.20 4,411.45
M.M.O.F 50/125 Orange KM 2.2 2.2 2,005.20 4,411.45
M.M.O.F 50/125 Green KM 6.6 6.6 2,005.20 13,234.34
M.M.O.F 50/125 Brown KM 4.4 4.4 2,005.20 8,822.89
M.M.O.F 50/125 Slate KM 2.2 2.2 2,005.20 4,411.45
M.M.O.F 50/125 White KM 4.4 4.4 2,005.20 8,822.89
M.M.O.F 50/125 Red KM 28.6 28.6 2,005.20 57,348.81
M.M.O.F 50/125 Black KM 28.6 28.6 2,005.20 57,348.81
M.M.O.F 50/125 Yellow KM 13.2 13.2 2,005.20 26,468.68
M.M.O.F 50/125 Voilet KM 13.2 13.2 2,005.20 26,468.68
M.M.O.F 50/125 Rose KM 6.6 6.6 2,005.20 13,234.34
M.M.O.F 50/125 Aqua KM 6.6 6.6 2,005.20 13,234.34
Alpha S.M. Optical Fibre G-652 D
S.M.O.F G-652 D Blue KM 1.6 1.6 481.76 770.82 Physically NIL
S.M.O.F G-652 D Orange KM 1.6 1.6 481.76 770.82 Physically NIL
S.M.O.F G-652 D Green KM 1.6 1.6 481.76 770.82 Physically NIL
S.M.O.F G-652 D Brown KM 1.6 1.6 481.76 770.82 Physically NIL
S.M.O.F G-652 D Slate KM 75.6 75.6 481.76 36,421.33
S.M.O.F G-652 D White KM 75.6 75.6 481.76 36,421.33
S.M.O.F G-652 D (Ring) Blue KM 75.6 75.6 481.76 36,421.33
S.M.O.F G-652 D (Ring) Orange KM 75.6 75.6 481.76 36,421.33
S.M.O.F G-652 D (Ring) Green KM 75.6 75.6 481.76 36,421.33
S.M.O.F G-652 D (Ring) Brown KM 75.6 75.6 481.76 36,421.33
S.M.O.F G-652 D (Ring) Slate KM 100.8 100.8 481.76 48,561.77
S.M.O.F G-652 D (Ring) White KM 100.8 100.8 481.76 48,561.77
S.M.O.F G-652 D (Red) Ring KM 25.2 25.2 481.76 12,140.44
S.M.O.F G-652 D (Nature) Ring KM 25.2 25.2 481.76 12,140.44
S.M.O.F G-652 D (Yellow) Ring KM 25.2 25.2 481.76 12,140.44
S.M.O.F G-652 D (Violet) Ring KM 25.2 25.2 481.76 12,140.44
S.M.O.F G-652 D (Rose) Ring KM 25.2 25.2 481.76 12,140.44
S.M.O.F G-652 D (Aqua) Ring KM 25.2 25.2 481.76 12,140.44

Corning
Corning Fibre Leaf (un coloured) KM 71.4 71.4 1,252.35 89,417.79
Corning Fibre Leaf (Coloured) KM 8.5 8.5 1,333.95 11,338.59 Physically NIL
Corning Fibre Leaf (Natural) KM 8.4 8.4 1,477.63 12,412.09
Corning SMF 28e+ (Coloured) KM 7.6 7.6 652.81 4,961.36 Physically NIL
Corning SMF 28e+ Natural KM 109.2 109.2 702.40 76,702.08
Corning Leaf Fibre G-655 1st Eight Colours KM 336.0 336.0 1,509.00 507,024.00
Corning Leaf Fibre G-655 Last Four Colours KM 100.8 100.8 1,509.00 152,107.20
Corning Fibre G-652 28e+ 1st Eight Colours KM 2,562.0 403.2 2,158.8 754.75 1,629,354.30
Corning Fibre G-652 28e+ Last Four Colours KM 218.4 218.4 754.75 164,837.40
Corning Leaf Fibre G-655 1st Eight Colours KM 3,628.8 403.2 3,225.6 1,542.70 4,976,120.54
Corning Leaf Fibre G-655 Last Four Colours KM 100.8 100.8 1,542.70 155,503.77
TOTAL 22,541,813.05

Note: The above mentioned prices are provided by the bank.

Insured by us for Rs.__________________

Total value of Collateral Rs._____________
Less D.O. Rs. _______________________
Less Margin @ % Rs._________________
Drawing Power Limit Rs.22,541,813.05___

We declare that the above mentioned goods, produce or merchandise are either our own bonafide property or we have such interest herein as to fully entitles us to pledge with you the
full extent of the Bank’s loans, advances to us charges and encumbrances and have actually been stored by us. That our title to the goods is clean and undisputed and that no one
except you, have any lien or charge over them. We further guarantee that the above entries are correct, truthful and accurate in all their details and specifications, and that we shall be
responsible for any defects, shortcomings and inaccuracies discovered at any time hereafter. That no responsibility will lie with the Bank or its muccadum in respect of the quantity,
quality or condition on final outcome of the goods, produce and merchandises now pledged or hereafter to be pledged. It shall be the responsibility of the borrower that the goods,
produce & merchandise from the time it is being pledged shall be in accordance with and confirm to the description and declaration of and made by the borrower in the schedule and/or
pledge letter. We shall further be responsible for any deterioration, damage or loss of the goods arising from any cause whatsoever. We certify that the above stock is fully insured by
us.

Yours faithfully,

Authorized signature (MUCCADUM)_____________________________ Authorized signature:

(Borrower)____________________________
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