Indus Motor Annual Results termed “impressive” - Aug 31, 2006 Indus Motor achieved impressive results for the year ending June 2006 with record production, sales and profit after tax. This was announced at the Annual Meeting of Indus Motor Company’s Board of Directors, held today to review the company’s financial and operating performance for the financial year ending June 30th 2006. The production of Toyota and Daihatsu brands combined were 42,000 units, an increase of 20% over 35,000 units, while the sales revenue increased to Rs. 35.2 billion up 28% over Rs. 27.6 billion achieved last year. The after tax profit was Rs. 2.6 billion (2005 Rs. 1.4 billion), primarily due to increase in sales volume and favourable exchange rates. The Board of Directors expressed satisfaction with the Company’s performance and recommended a final Dividend @70% or Rs. 7.00 for the year ending June 2005 which together with the Interim Dividend of 50% or Rs. 5.00 already paid will result in a total dividend for 2005-2006 of 120%. Overall, the countrywide market for locally manufactured passenger cars and light commercial vehicles for twelve months ended June 30, 2006 grew an impressive 22% to 187,000 units compared to 153,000 units for same period 2005. The total production of CKD units for the period was approximately 193,000 units up 27% over twelve months ended June 2005. All major auto makers enhanced production of CKD units to meet customer demand. The Government decision to liberalize imports of new and used vehicles through reduction in custom duty caused CBU imports to rise by 640% to over 46,000 units, creating pressure on the sale of locally produced models.