The Israel Land Development Company Ltd.

Board/Management Information • Apr 15, 2020

National Storage Mechanism | Additional information

RNS Number : 7144J

Oil and Gas Development Company Ltd

15 April 2020

No.CS04-08/ (PSX/LSE/SEC)                                                                April 15, 2020

1.	The General Manager, Pakistan Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi. Fax: 021-111-573-329, 32437560	2.	London Stock Exchange Plc. 10 Paternoster Square, London EC4M 7LS Tel: (44) 20 7334 8907

Subject:                 BOARD MEETING AND CLOSE PERIOD

Dear Sir,

This is to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, April 23, 2020 at 1330 hours at Islamabad to consider the quarterly accounts for the period ended March 31, 2020 and for declaration of entitlement, if any.  In view of the unprecedented circumstances due to COVID-19, the Directors will attend the meeting via audio / video call or through Microsoft Teams' (MT) Application.

2.       The Company has declared the "Closed Period" from Thursday, April 16, 2020 to Thursday, April 23, 2020 (both days inclusive) as required under PSX Regulations.  Accordingly, no Director, CEO or Executive shall, directly / indirectly, deal in the shares of the Company in any manner during the closed period.

3.       You may please inform the TRE Certificate Holders of the Exchange accordingly.

Yours sincerely,

(Ahmed Hayat Lak)

Company Secretary

Copy to:

Director/HoD,

Surveillance, Supervision and Enforcement,

Securities & Exchange Commission of Pakistan,

NIC Building, 63 Jinnah Avenue, Blue Area,

Islamabad.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCEAPLSFSNEEEA