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*Consolidated List of PACRA's Publicly Disseminated Instrument Ratings (Sector-Wise)* *(As At February 02* *, 2012*)
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i)- PACRA's Standard Rating Scale ii)- History of PACRA's Instrument Ratings

Sr. No.	Name Of Organization	Type of	Date of Dessemination	Rating Assigned
Sr. No.	p	Rating	(dd/mm/yy)	Long Term	Short Term	Outlook/Rating Watch
(I) FINANCIAL SECTOR
BANKING COMMERCIAL
1.	Allied Bank Limited	TFCs	04-Jul-11	AA-	---	---
2.	Askari Bank Limited	TFCs¹-I	21-Jun-11	AA-	---	---
3.	Askari Bank Limited	TFCs-II	21-Jun-11	AA-	---	---
4.	Askari Bank Limited	TFCs-III	21-Jun-11	AA-	---	---
5.	Askari Bank Limited	TFCs-IV	03-Jan-12	AA-	---	---
6.	Bank Al Habib Limited	TFCs-I	14-Jun-11	AA	---	---
7.	Bank Al Habib Limited	TFCs-II	14-Jun-11	AA	---	---
8.	Bank Al Habib Limited	PPTFCs-III	14-Jun-11	AA	---	---
9.	Bank Alfalah Limited	TFCs-I	20-Jun-11	AA-	---	---
10.	Bank Alfalah Limited	TFCs-II	20-Jun-11	AA-	---	---
11.	Bank Alfalah Limited	TFCs-III	20-Jun-11	AA-	---	---
12.	Faysal Bank Limited (formerly RBS Bank (Pakistan) Limited	TFCs	30-Jun-11	AA-	---	---
13.	KASB Bank Limited	TFCs	14-Sep-09	A-	---	---
14.	NIB Bank Limited	TFCs	29-Jun-11	A+	---	---
15.	Royal Bank of Scotland Limited	TFCs	03-Apr-09	Withdrawn	---	---
16.	Soneri Bank Limited	TFCs	27-Jun-11	A+	---	---
17.	Standard Chartered Bank (Pakistan) Limited (Originally Issued By Union Bank Limited)	TFCs-I	30-Jun-11	AAA	---	---
18.	Standard Chartered Bank (Pakistan) Limited (Originally Issued By Union Bank Limited)	TFCs-II	31-Mar-11	Withdrawn	---	---
BANKING INVESTMENT
1.	First Dawood Investment Bank Limited (Formerly Dawood Leasing Co. Ltd.)	TFCs - 2nd Tranche	31-Oct-11	Withdrawn	---	---
2.	IGI Investment Bank Limited (Formerly First Intl. Investment Bank Ltd.)	TFCs	11-Jul-11	Withdrawn	---	---
4.	Trust Investment Bank Limited	TFCs-III	23-Jan-12	BBB-	---	Negative Outlook
DFIs/INVESTMENT COMPANIES/FUNDS/BROKERAGE HOUSES
1.	Jahangir Siddiqui & Company Limited	TFCs-III	30-Sep-10	Withdrawn	---	---
2.	Jahangir Siddiqui & Company Limited	TFCs-IV	05-Jul-11	AA	---	---
3.	Jahangir Siddiqui & Company Limited	TFCs-V	05-Jul-11	AA	---	---
4.	House Building Finance Corporation Limited (HBFC)	TFCs	03-Jun-11	Withdrawn	---	---
5.	KSB Securities Limited	TFCs	17-Jan-12	A	---	Negative Outlook
6.	Pak Libya Holding Company (Pvt.) Limited	TFCs	05-Jul-11	AA	---	---
MODARABAS
-.	--	-	-	-	---	---
LEASING COMPANIES
1.	ORIX Leasing Pakistan Limited	TFCs-I	30-Dec-11	AA+	---	---
2.	ORIX Leasing Pakistan Limited	TFCs-II	30-Dec-11	AA+	---	---
3.	ORIX Leasing Pakistan Limited	TFCs-III	30-Dec-11	AA+	---	---
REAL ESTATE
1.	Eden Builders Limited^rw	S-TFCs	04-May-11	A	---	---
2.	PACE (Pakistan) Limited	TFCs	16-Mar-11	D	---	Rating Watch
3.	PACE (Pakistan) Limited	Sukuk	16-Mar-11	CCC	---	Rating Watch
ASSET MANAGEMENT COMPANIES
1.	Financial Receivables Securitization Company Limited (FRSCL)	S-TFCs²	25-May-11	A+	---	---
INDUSTRIAL CORPORATE
1.	Agritech Limited	TFCs	19-Mar-10	D	---	Negative Outlook^rw
2.	Agritech Limited	TFCs	19-Mar-10	D	---	Negative Outlook^rw
3.	Al-Abbas Sugur Mills Limited	TFCs	20-Dec-11	A+	---	---
4.	Amreli Steels Limited	TFCs-sukuk	30-May-11	A-	---	---
5.	Azgard Nine Limited	TFCs	19-Mar-10	D	---	Negative Outlook^rw
6.	Azgard Nine Limited	ST-TFCs	19-Mar-10	D	---	Negative Outlook^rw
7.	Chanda Oil & Gas Securitization Company Limited	S-TFCs	16-May-07	A+	---	---
8.	City Schools (Pvt) Limited	TFCs	06-Jan-12	A+	---	---
9.	Dewan Cement Limited	TFCs	11-Oct-11	Withdrawn	---	---
10.	Engro Fertilizers Limited	TFCs-I	14-Apr-11	AA	---	---
11.	Engro Fertilizers Limited	TFCs-II	14-Apr-11	AA	---	---
12.	Engro Fertilizers Limited	TFCs-III	14-Apr-11	AA	---	---
13.	Engro Fertilizers Limited	TFCs-IV	14-Apr-11	AA	---	---
14.	Engro Corporation Limited	TFCs-I	18-Apr-11	AA	---	---
15.	Engro Corporation Limited	TFCs-II	24-May-11	AA	---	---
16.	German Water & Energy Pakistan Limited	Facilities	28-Sep-10	Withdrawn	---	---
17.	Liberty Power Tech Limited	Sukuk	06-Apr-11	AA	---	---
18.	Liberty Power Tech Limited	Term Finance Facility	06-Apr-11	AA	---	---
19.	Maple Leaf Cement Factory Limited(MLCFL)	TFCs	19-Sep-11	D	---	---
20.	Optimus Limited	TFCs	29-Jun-11	A	---	---
21.	Optimus Limited	Sukuk Ist Tranche	29-Jun-11	A	---	---
22.	Optimus Limited	Sukuk 2nd Tranche	29-Jun-11	A	---	---
23.	Pace Pakistan Limited	TFCs	28-May-10	D	---	---
26.	Pace Pakistan Limited	Sukuk	28-May-10	CCC	---	---
27.	Pakistan Mobile Communications Limited (Mobilink)	TFCs-I	08-Jul-11	A+	---	---
28.	Pakistan Mobile Communications Limited (Mobilink)	TFCs-II	08-Jul-11	A+	---	---
29.	Pak Elektron Limited sukuk	Sukuk-I	16-Jan-12	D	---	Rating Watch
30.	Pak Elektron Limited sukuk	Sukuk-II	07-Oct-11	D	---	Rating Watch
31.	Prime Electronics Securitization Company Limited	S-TFCs	18-Jul-07	AA-	---	---
32.	Shakarganj Mills Limited	TFCs	20-Dec-11	Withdrawn	---	---
33.	Spencer & Company Limited	TFCs	06-Sep-11	AA
34.	Sui Southern Gas Company Limited (SSGC)	Sukuk	13-Apr-11	AA
35.	TPL Trakker (Pvt) Limited	TFCs	05-Oct-11	Withdrawn	---	---
36.	WorldCall Telecom Limited (WTL)	TFCs-I	12-Oct-11	BBB	---	Rating Watch
37.	WorldCall Telecom Limited (WTL)	TFCs-II	07-Dec-11	Withdrawn	---	---

^rw On Rating Watch

¹ Term Finance Certificates

² Securitised Term Finance Certificates

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