Salman Noman Enterprises : PROGRESS REPORT FOR THE QUARTER ENDED DEC,2022

SALMAN NOMAN ENTERPRISES LTD.

41-L Gulberg III, Lahore.

Ph#:042-35969486, Email: [e-mail]

Ref.# SNEL/040123/PSX

Jan 04, 2023

Mr. Hafiz Maqsood Munshi

Senior Manager

Companies & Securities Compliance-RAD

Pakistan Stock Exchange Limited

Stock Exchange Building,

Stock Exchange Road,

Karachi-74000

SUB: SUBMISSION OF QUARTERLY PROGRESS REPORT FOR THE QUARTER ENDED DECEMBER, 2022 AS REQUIRED UNDER PSX REGULATION 5.11.2 (B)

Sir,

We would like to inform you that still the operations of the company has closed and our management is actively pursuing different options for revival of the company's operations. The company is in litigation with all the banking companies in the court of law and there are no credit limit available to the company to run its operations again.

Due to instability and bad political situation in our country it seems very difficult to start the operations immediately. However, management of the company are still trying for the revival of the company and making their efforts to start the operations and we shall continue notifying our efforts and developments in the quarterly progress report.

Yours truly,

For Salman Noman Enterprises Ltd.

Noman Almas

(Chief Executive)

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Registered Office: 03-Km, Balloki Road, Bhai Pheru, Tehsil Chunia Mobile# [phone]

SALMAN NOMAN ENTERPRISES LTD.

41-L Gulberg III, Lahore.

Ph#:042-35969486, Email: [e-mail]

____________________________________________________________________________________

Registered Office: 03-Km, Balloki Road, Bhai Pheru, Tehsil Chunia Mobile# [phone]