July 29, 2010

Dear Participant/ Account Holder,

This is to inform you that the Registrar / Transfer Agent of Grays Leasing Limited for its Ordinary Shares has been changed to Hassan Farooq Associates (Pvt) Limited (R/TA ID C00486) in CDS with effect from July 29, 2010.

Should you have any queries or concerns, please feel free to call our Customer Support Services at 0800-CDCPL (23275).

Regards,

Ejaz Ali Shah

General Manager - Head of Marketing &

Customer Support Services