ISLAMABAD, Oct 6: The Privatization Commission has scheduled presentations for the members of Lahore Stock Exchange and Karachi Stock Exchange on the third public offering of 3.2% shares of National Bank of Pakistan (NBP).

According to a handout issued here on Monday the presentation at LSE will be held on October 7, 2003 at 4.30 pm while the presentation at KSE auditorium will be held on October 8, 2003 at 4 pm.

The government is offering 13.13 million shares of NBP to the public at a price of Rs46 per share. Applications are being invited in lots of 500 shares or multiples thereof.

Preference for allocation shall be given to applicants for 500 shares. The remaining shares will be allocated to applicants on pro rata basis. Subscription for this issue is scheduled during October 13-15, 2003.