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Credit Rating Revised by PACRA,

May 10, 2011: The Pakistan Credit Rating Agency (PACRA) has upgraded the long-term entity ratings of Trust Investment Bank Limited (TIBL) to 'BBB' (Triple B - Positive Outlook) while maintaining the short term entity ratings at 'A3' (A Three). Meanwhile the rating of TFC-III (PKR 600mln) has been maintained at 'BBB' (Triple B). These ratings indicate that there is currently low expectation of credit risk.