Karachi, July 05, 2010: JCR-VIS Credit Rating Company Limited (JCR-VIS) has withdrawn the entity ratings of ‘A-/A-2’ (Single A Minus / A - Two) with ‘Rating Watch-Negative Status’ assigned to Atlas Bank Limited (ABK), with immediate effect, on account of non-renewal of rating contract.

For further information on this rating announcement, please contact Mr. Javed A. Callea (Ext: 501) or Mr. Zia Usmani (Ext: 507) at (+92-21) 35311861-70 or fax to (+92-21) 35311872-3.



Faheem Ahmad
President & CEO

Information herein was obtained from sources believed to be accurate and reliable; however, JCR-VIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. JCR-VIS Credit Rating Company Limited is paid a fee for most rating assignments. This rating is an opinion on credit quality only and is not a recommendation to buy or sell any securities. Copyright 2010 JCR-VIS Credit Rating Company Limited. All rights reserved. Contents may be used by news media with credit to JCR-VIS Credit Rating Company Limited.