Feroze1888 Mills Limited’s material information

Karachi: In accordance with Clause (xxiii) of the Listing Regulation No. 35 under Code of Corporate Governance, we are pleased to convey the following information:

The Board of Directors of the Company in its meeting held on October 27, 2011 has decided, in principle, to initiate discussions and to enter into negotiations, with feroze Textile Industries (Private) Limited (“FTI”) for the merger/ amalgamation of the whole of FTI with exclusion certain assets/undertakings of FTI.

For more information, contact:
Abdul Aleem
Company Secretary
Feroze1888 Mills Limited
B-4/A, S.I.E.T., Karachi – 75700.
Tel: 32567890
Fax: 32581221
Web: www.feroze1888.com

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