Memorandum of AssoclaLlon

Cf
aklsLan 1elevlslon CorporaLlon LlmlLed
1he Companles Crdlnance 1984
CCMAN LIMI1LD 8 SnAkLS
l 1he name of Lhe Company aklsLan 1elevlslon CorporaLlon LlmlLed

ll 1he reglsLered Cfflce of Lhe Company wlll be slLuaLed ln lslamabad aklsLan

lll 1he ob[ecLs for whlch Lhe Company ls esLabllshed are

1 1o esLabllsh a neLwork of 1elevlslon SLaLlons ln aklsLan by erecLlng
consLrucLlng malnLalnlng and lmprovlng 1elevlslon SLaLlons aL places
approved by Lhe CovernmenL of aklsLan or by uslng faclllLles of any
organlsaLlon or lnsLlLuLlon under such arrangemenLs or Lerms whlch may
seem deslrable Lo Lhe Company and provldlng Lelevlslon broadcasLlng
servlces by LelecasLlng llve programmes of all klnds news plcLorlals and
documenLarles local and forelgn fllms of all klnds and naLure for Lhe
purposes of dlssemlnaLlng lnformaLlon educaLlon and enLerLalnmenL

2 1o ensure LhaL programmes LelecasL by Lhe Company from lLs each Lelevlslon
SLaLlon malnLaln a hlgh general sLandard ln all respecLs and ln parLlcular ln
respecL of Lhelr conLenL quallLy balance and wlderange of sub[ecL maLLers
havlng regard Lo programmes as a whole

3 1o carry ouL lnsLrucLlons of Lhe CovernmenL of aklsLan wlLh regard Lo Lhe
general paLLern or pollcles of programmes announcemenLs and news eLc
Lo be puL on Alr from Llme Lo Llme and also ln respecL of Lelevlslon code of
eLhlcs and Lelevlslon broadcasLlng Llmlng from varlous sLaLlons of Lhe
Company

4 1o ensure LhaL whlle lLs affalrs are conducLed on sound commerclal
prlnclples lL does noL lose Lhe characLer of publlc servlce

3 1o carry on Lhe buslness of commerclal adverLlsemenL by selllng
programmes and adverLlslng Llme of Lelevlslon sLaLlons elLher dlrecLly or
Lhrough adverLlslng agencles or by seLLlng up adverLlslng agencles or by
oLher means

1o carry on all or any of Lhe buslness of shooLlngscrlpLs developlng
processlng prlnLlng edlLlng LelecasLlng and selllng fllms of all klnds and
naLure seLLlng up sLudlos laboraLorles shops showrooms eLc ln
connecLlon wlLh maklng of fllms lmporLlng and exporLlng of raw developed
fllms and produclng muslc dlscs and oLher recorded maLerlal

7 1o carry on all or any of Lhe buslness of manufacLure purchase lmporL
exporL sLore warehouse sell and generally Lo deal ln all maLerlals arLlcles
and Lhlngs requlred for or lncldenLal Lo LelecasLlng servlce or any oLher
buslness of Lhe Company

8 1o adopL such means of lncreaslng Lelevlslon recelver seLs ln Lhe counLry as
may seem expedlenL and Lo carry on all or any of Lhe buslness of
manufacLurlng assembllng lmporLlng exporLlng buylng selllng or deallng
wlLh 1elevlslon 8ecelver SeLs 8adlo SeLs 8ecord layers and 1ape8ecorders
of all klnds and descrlpLlon

9 1o carry on any oLher buslness wheLher manufacLurlng or oLherwlse whlch
may seem Lo Lhe Company capable of belng carrled ouL Lo Lhe beneflL of Lhe
Company ln any way whaLever

10 1o Lake on renL consLrucL malnLaln or alLer any bulldlngs eLc necessary for
Lhe purposes of Lhe Company

11 1o acqulre and underLake Lhe whole or any parL of Lhe buslness properLy
and llablllLles of any person or company carrylng on any buslness whlch Lhe
Company ls auLhorlsed Lo carry on or possessed of properLy sulLable for Lhe
purposes of Lhls Company and also Lo seL up subsldlary Companles for Lhe
same purpose

12 1o esLabllsh laboraLorles research and developmenL cenLres Lo perform
such research and developmenL as Lhe Company may deem advlsable or
feaslble

13 1o Lraln or arrange Lo be Lralned Lhe personnel and workers boLh ln aklsLan
and abroad Lo obLaln Lechnlcal proflclency ln varlous speclalLles connecLed
wlLh Lhe 1elevlslon or oLher buslness of Lhe Company

14 1o apply for purchase or oLherwlse acqulre any paLenLs breveLs dlnvenLlon
llcences concesslons and Lhe llke conferrlng any excluslve or nonexcluslve
or llmlLed rlghL Lo use or any secreL or oLher lnformaLlon as Lo any lnvenLlon
whlch may seem capable of belng used for any of Lhe purposes of Lhe
Company or Lhe acqulslLlon of whlch may seem calculaLed dlrecLly or
lndlrecLly or beneflL Lhe Company and Lo use exerclse develop or granL
llcences ln respecL of or oLherwlse Lurn Lo accounL Lhe properLy rlghLs or
lnformaLlon so acqulred

13 1o enLer lnLo parLnershlp or lnLo any arrangemenL for sharlng proflLs unlon
of lnLeresL cooperaLlon [olnL advenLure or reclprocal concesslon wlLh any
person or company carrylng on or engaged ln any buslness or LransacLlon
whlch Lhls Company ls auLhorlsed Lo carry on or engage ln or any buslness
of LransacLlon capable of belng conducLed so as dlrecLly or lndlrecLly Lo
beneflL Lhls Company And Lo lend money Lo guaranLee Lhe conLracLs of or
oLherwlse asslsL any such person or company and Lo Lake or oLherwlse
acqulre shares and securlLles of any such company and Lo sell hold relssue
wlLh or wlLhouL guaranLee or oLherwlse deal wlLh Lhe same

1he ob[ecLs seL forLh ln any subclause of Lhls clause shall noL excepL when
Lhe conLexL expressly so requlres be ln any way llmlLed resLrlcLed by
reference Lo or lnference from Lhe Lerms of any oLher subclause or by Lhe
name of Lhe company none of such subclause or Lhe ob[ecLs Lhereln
speclfled or Lhe powers Lhereby conferred shall be deemed subsldlary or
auxlllary merely Lo Lhe ob[ecLs menLloned ln Lhe flrsL subclause or clause
buL Lhe Company shall have full power Lo exerclse all or any of Lhe powers
conferred by any parL of Lhls clause ln any parL of Lhe world and
noLwlLhsLandlng LhaL Lhe buslness underLaklng properLy or acLs proposed Lo
be LransacLed acqulred dealL wlLh or performed do noL fall wlLhln Lhe
ob[ecLs of Lhe flrsL subclause of Lhls clause

lv 1he llablllLy of Lhe members ls llmlLed

v 1he auLhorlsed ordlnary shares caplLal of Lhe Company ls 8s 2000000000/
(8upees Lwo Lhousand mllllon) dlvlded lnLo 10000000 A Class Crdlnary shares of 8s 100/
(8upees one hundred each) and 10000000 8 Class Crdlnary shares of 8s 100/ (8upees
one hundred) each wlLh power for Lhe Company Lo lncrease consolldaLe subdlvlde
reorganlse or reduce Lhe shares caplLal wheLher orlglnal or lncreased and Lo dlvlde Lhe
shares ln Lhe caplLal of Lhe Company for Lhe Llme belng lnLo several classes ln accordance
wlLh Lhe provlslons of Lhe Companles Crdlnance 1984
Je Lhe several persons whose names and addresses are subscrlbed below are deslrous of
belng formed lnLo a Company ln pursuance of Lhls Memorandum of AssoclaLlon and we
respecLlvely agree Lo Lake Lhe number of shares ln Lhe caplLal of Lhe Company seL opposlLe
our respecLlve names
S No Names addresses and
descr|pt|ons of subscr|bers
No of Shares Names addresses and
descr|pt|ons of w|tnesses
1 Mr AlLaf Cauhar Sk SCA
1k CS SecreLary MlnlsLery
of lnformaLlon and
8roadcasLlng 8awalplndl for
and on behalf of Lhe
CovernmenL of aklsLan

2 Mr S CkamoLo nlppon
LlecLrlc Company
8epresenLaLlve ln aklsLan for
and on behalf of nlppon
LlecLrlc Co LLd 1okyo
3
3 Slr 1lmoLhy 8llgh k8L uSC
uSC ulrecLor 1homson
1elevlslon (lnLernaLlonal) LLd
London for and on behalf of
1homspon 1elevlslon
(lnLernaLlonal) London
1
1oLal 10