RNS Number : 3664N

Oil and Gas Development Company Ltd

01 January 2026

CS04-08 (PSX/LSE/SECP)/1

January 01, 2026

The General Manager, Pakistan Stock Exchange Limited,
Stock Exchange Building, Stock Exchange Road,
Karachi-74000, Pakistan. London Stock Exchange Plc., 10 Paternoster Square, London EC4M 7LS.   Tel: (44) 20 7334 8907

Subject: RECEIPT OF RS 8.3 BILLION FROM UCH POWER (PRIVATE) LIMITED

Dear Sir, 

In continuation of our earlier announcement dated December 11, 2025, we are pleased to inform that, as part of the circular debt settlement, OGDCL has further received Rs 8.3 Billion from Uch Power (Private) Limited towards settlement of outstanding receivables. This receipt reflects Government of Pakistan's initiative to address circular debt in the energy sector.

The above information is submitted in compliance of Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, for dissemination amongst your members please.

Yours Sincerely,

 (Wasim Ahmad)

Company Secretary

Copy:

Executive Director/HOD,

Offsite-II Department, Supervision Division,

Securities & Exchange Commission of Pakistan,63,

NIC Building, Jinnah Avenue, Blue Area,

Islamabad.

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