Initial Public Offering of Wateen

Wateen Telecom is going to introduce its IPO (Initial Public Offering) in market. The principal purpose of the proposed Initial Public Offering is to broaden the investor base through an increase in the number of shareholders,
 and provide the public investor an opportunity to participate in the future of the Company with sound prospects.

Wateen Product Portfolio

Wateen offers a wide range of product portfolio to its valued clients, which include:

· Wholesale products Retail products

· Dark Fiber Broadband Internet

· Lambda Service Data Portfolio

· Managed Capacity Telephony – consumer

· DPLC & IPLC and Transit Wateen Audio Conferencing

· Co-location / Tele-housing Wateen Video Telephony

· Value Added Reselling (VAR) Carrier Pre-Select (CPS)

· Professional Services Calling Card / Calling account

· Managed Network Services (MNS)

· Hosted Solutions


Criteria

· Per share value: PKR 10

· Minimum investment: PKR 5000 or 500 shares

· Payment terms: cross cheques/demand draft/pay orders

· Beneficiary (Cheque to be made in name of): Initial Public Offering of Wateen Telecom Limited

· Subscription dates: 20-21 APR 2010

· Per applicant subscription: one subscription per person is allowed/one CNIC one application

· Forms available from: All Wateen Business Centers, Franchises and www.wateen.com and in Major Banks