1. Cyan Limited (formerly Central Insurance Company Limited) Shareholders Presentation Annual Accounts 2011 28 th April, 2012

2. Highlights and Lowlights 2011 Highlights: – SECP revoked Insurance license on November 30, 2011. – Company reduced its exposure to related parties and invest the proceeds in high dividend yielding stocks. – The market capitalization of the company grew by 71% to Rs. 1,955 million. Lowlights: – Loss after tax for the year was Rs. 197.5 million due to sharp decline in related parties shares. – Market value of the investment portfolio declined by Rs. 980 million (25%) to Rs. 2,947 million due to decline in related parties shares. – Share trading at discount to book value

3. Diversification of Investments Portfolio diversification was a major driver of investment strategy… Reduction of exposure in related parties was achieved from 78% to 47%.

4. Contribution to Profitability (Rs. in Million)

5. Investment Income (Rs. in Million)

6. Contribution to Dividend Income (Rs. in Million)

7. Profitability and Investment Valuations (Rs. In Million)

8. Top ten holdings * Top ten holdings represent 97% of the total portfolio

9. CYAN vs KSE 100

10. Dividend Paid (Rs. in Million)

11. Outlook The company has discontinued its insurance business and is actively undertaking growth equity and portfolio investment business. Implement the new business model to deliver superior risk adjusted return to the shareholders.

12. Questions…