16th Nov 07

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ATTN: MR CHANDIMA UDABAGE RUNDOWN THE STATE OF BUSINESS – 16th Nov, 2007 TEA

VTR

LASHINI

TRO

VTR

CHAMINDA

TRO 2

CARD

CHAMINDA

BREAK 1 - ADD STATE OF BUSINESS BRIDGE FCCISL

VTR

CHAMINDA

VTR

RIYAD

ADD CORPORATE BRIDGE SONY

BREAK 2 - STOCK WATCH STOCK REVIEW

VTR THAKSHILA @ ASHA PHILLIP

STOCK UPDATE CARDS CURRENCY

CARDS

LINE UP EDITOR ANCHOR

ANOUK/NISHANI NISHANI

HEADLINES 1. TEA BOARD TO WAIVE DOCUMENT LODGMENT FEES FOR EXPORTERS WHO SUBMIT CUSDEC’S ONLINE, AND 2. GOVERNMENT COMMENDS UNITED STATE’S DECISION TO FREEZE ASSETS OF THE TRO

1. TEA – VTR THE SRI LANKA TEA BOARD TODAY ANNOUNCED THE DECISION TO WAIVE THE DOCUMENT LODGMENT FEES CHARGED FROM EXPORTERS WHO SUBMIT CUSTOMS DECLARATION FORMS OR CUSDEC’S ONLINE. THIS STEP WAS TAKEN TO ENCOURAGE TEA EXPORTERS TO USE THE ONLINE SUBMISSION FACILITY WHICH WAS INTRODUCED BY ESERVICES LANKA LIMITED EARLIER THIS YEAR. THE TEA BOARD SAYS THE TOP TEN EXPORTERS IN THE COUNTRY ARE ALREADY UTILIZING THIS FACILITY. ROLL VTR 2. TRO – VTR THE US DEPARTMENT OF TREASURY ANNOUNCED YESTERDAY THAT IT IS FREEZING THE ASSETS OF THE TAMIL REHABILITATION ORGANIZATION COMMONLY KNOWN AS TRO. THE UNITED STATES SAYS THE ACTION WAS TAKEN BECAUSE THEY HAVE IDENTIFIED THAT, QUOTE “THE TRO ACTS AS A FRONT TO FACILITATE FUNDRAISING AS WELL AS ARMS AND OTHER PROCUREMENT FOR THE LIBERATION TIGERS OF TAMIL ELAM” UNQUOTE. THE US EMBASSY IN COLOMBO CALLED A MEDIA EVENING TO EXPLAIN THE MATTER IN DETAIL.

BRIEFING

THIS

ROLL VTR 3. TRO EXTRO – DRY MEANWHILE MINISTER OF FOREIGN AFFAIRS ROHITHA BOGOLLAGAMA MAKING A STATEMENT IN PARLIAMENT TODAY COMMENDED THE MOVE TAKEN BY THE UNITED STATES TO FREEZE THE TRO’S ASSETS. BOGOLLAGAMA SAID THAT BY DOING SO, THE BECOMES THE FIRST FOREIGN GOVERNMENT TO ACTION AGAINST AN LTTE FRONT ORGANIZATION.

US GOVERNMENT TAKE TANGIBLE

CARD IN HE ALSO SAID YESTERDAY’S ACTION CONSTITUTES A VITAL FURTHER STEP IN U.S. COOPERATION TOWARDS HELPING END TERRORISM BY THE LTTE.

BOGGOLLAGAMA ADDED THAT THIS PRECEDENT SET BY THE U.S. GOVERNMENT SHOULD ENCOURAGE OTHER COUNTRIES WHICH ARE ALSO INVESTIGATING LTTE FRONT ORGANIZATIONS INCLUDING THE TRO. READ ON

BREAK 4. FCCISL – VTR CONSTITUTIONAL AFFAIRS MINISTER DEW GUNASEKERA SAYS A NEGOTIATED SOLUTION IS THE BEST OPTION TO RESOLVE THE NORTH EAST CONFLICT. HOWEVER THE MINISTER SAYS AT PRESENT THIS SEEMS A “DISTANT DREAM”. GUNASEKERA, WHO IS ALSO THE GENERAL SECRETARY OF THE COMMUNIST PARTY, MADE THESE COMMENTS WHILE ADDRESSING A GROUP OF BUSINESSMEN IN COLOMBO YESTERDAY. ROLL VTR 5. CORPORATE- SONY SIEDLES THE AUTHORIZED SALES AGENTS FOR SONY IN SRI LANKA HAS JUST LAUNCHED THE ALL NEW BRAVIA LCD TELEVISION WHICH PROMISES UNRIVALED PICTURE CLARITY. SONY INTRODUCED EVENING.

THE

NEW

PRODUCT

AT

A

LAUNCH

HELD

LAST

ROLL VTR BREAK STOX TRADING AT THE CSE WAS RELATIVELY DULL TODAY. INTEREST WAS SEEN ON SELECTIVE COUNTERS WHILE BOTH INDICES ENDED IN THE RED. THE DAY’S VOLUMES LIST WAS TOPPED BY BAIRAHA FARMS WHICH TRADED 2.5 MILLION SHARES. THREE ACRE FARMS WAS NEXT IN LINE WITH 2.1 MILLION SHARES WHILE CEYLON GLASS FOLLOWED.

BAIRAHA FARMS ALSO PUMPED IN THE MAJOR SHARE TO TURN OVER OF 39.9 MILLION AND WAS FOLLOWED BY THREE ACRE FARMS AND C W MACKIE. NO CROSSINGS TOOK PLACE FOR THE DAY. CARD 1 THE ASPI ENDED THE DAY 15.91 POINTS DOWN AT 2,625.69 WHILE THE MILANKA DROPPED BY 15.05 POINTS TO CLOSE THE WEEK AT 3,506.88 TURN OVER FOR THE DAY WAS RECORDED AT 237.1 MILLION RUPEES. CARD 2 LEADING THE DAY’S GAINERS WERE PARQUET, THREE ACRE FARMS, FORT LAND AND ALUFAB

PARQUET

CARD 3 WHILE CEYLON GLASS RIGHTS, LANKA CERAMIC, NUWARA EQUITY AND PEGASUS HOTELS TOPPED THE LOSERS LIST

RIGHTS,

ELIYA,

MANJULA FROM ASHA PHILLIP JOINS US NOW FOR A SUMMARY OF STOCK MARKET OPERATIONS FOR THIS WEEK. FOREX RATES CARD 4 CARD 5

SEGMENT: DATE: REPORTER: SLUG:

MAIN 16 / 11 / 2007 CHAMINDA FCCISL – VTR

CONSTITUTIONAL AFFAIRS MINISTER DEW GUNASEKERA SAYS A NEGOTIATED SOLUTION IS THE BEST OPTION TO RESOLVE THE NORTH EAST CONFLICT. HOWEVER THE MINISTER SAYS AT PRESENT THIS SEEMS A “DISTANT DREAM”. GUNASEKERA, WHO IS ALSO THE GENERAL SECRETARY OF THE COMMUNIST PARTY, MADE THESE COMMENTS WHILE ADDRESSING A GROUP OF BUSINESSMEN IN COLOMBO YESTERDAY. ROLL VTR D E W Gunasekera – Minister Minister of Constitutional Affairs & National Integration ‘FINDING PEACE’ “Negotiated solution is the best option”- D.E.W. “LTTE needs an alternative solution to the Eelam”- D.E.W.

VOICE OVER – FCCISL – VTR – CHAMINDA – 16 / 11 THE MINISTER OF CONSTITUTIONAL AFFAIRS SPOKE ON “MAINTAINING THE BALANCE OF PEACE BUILDING AND ECONOMIC GROWTH” AT A FORUM ORGANIZED BY THE FCCISL. HERE HE IDENTIFIED THREE KEY ISSUES WHICH IMPACT ON THE COUNTRY’S DEVELOPMENT PROCESS.

HAS

A

HEAVY

AMONG THEM WERE HIGH BORROWINGS FOR GOVERNMENT EXPENDITURE AND LOSS MAKING PUBLIC INSTITUTES. 8.53 LOSSES FROM OUR PUBLIC ENTERPRISES, OF WHICH I IDENTIFIED THREE AREAS SUCH AS TRANSPORT, PETRO, ELECTRICITY AND AS A RESULT OF PRICE HIKE IN OIL, CPC HAS TO SUPPLY TO CTB, RAILWAY FOR WHICH THEY ARE NOT GETTING MONEY, FOR ARMED FORCES AND CEB WHICH THEY ARE NOT GETTING MONEY, AND THE CPC ITSELF. THE ENTIRE ECONOMY REST ON THE SMOOTH FUNCTION OF THESE THREE AREAS OF THE ECONOMY. 9.50 HE IDENTIFIES DEFENSE EXPENDITURE AS THE THIRD ISSUE WHICH THE COUNTRY’S ECONOMY IS FINDING DIFFICULT TO COPE, WHICH STANDS AT 137 BILLION RUPEES THIS FOR YEAR. GUNASEKERA SAYS THE INTENSIFYING CONFLICT WHICH HAS CAUSED ENORMOUS DAMAGED TO THE COUNTRY CAN BE RESOLVED AMICABLY, IF THE KEY STAKEHOLDERS ARE READY TO SIT AND TALK. 17.46 THERE ARE THREE OPTIONS OPEN FOR US TO PEACE, TALK WITH LTTE AND NEGOTIATE THAT IS THE BEST, BUT THAT IS A DISTANT DREAM, YOU CANT SEE ANY PROGRESS IN THAT DIRECTION.18.24 22.10 I HAVE BEEN VARIOUS OFFICIALLY AND UNOFFICIALLY, TRYING TO GET LTTE TO AGREE TO DROP ELAM AND COME FOR AN ALTERNATIVE. LONG AS THEY STICK TO ELAM, WE WILL NEVER AGREE TO THAT, ON POLICY WISE WE ARE IN FOR A SELF DETERMINATION OF PEOPLE’S, BUT SMALL COUNTRY LIKE OURS , IT IS NOT IN THE INTEREST OF MINORITY INTERGRITY22.44 HOWEVER HE SAID, THE GOVERNMENT HAS NOW TAKEN SOME SENSIBLE STEPS TOWARDS RESOLVING SOME OF THE OUTSTANDING ISSUES SUCH AS MAKING PUBLIC SERVANTS LEARN TAMIL AS THEIR SECOND LANGUAGE.

ACCORDING TO HIM ONLY 6% OF THE PUBLIC SERVANTS OF THE CENTRAL GOVERNMENT SPEAK TAMIL. 29. 38 FROM JULY NO ONE IS RECRUITED TO THE PUBLIC, EVERY ONE IS RECRUITED FROM TOP TO BOTTOM HAS TO LEARN THE SECOND LANGUAGE IT HAS BECOME A LAW29.49 30.23 WITHIN THIS TWO MONTHS YOU WILL BE SURPRISED 6000 PUBLIC SERVENTS HAVE ATTENDED TAMIL CLASSES IN MINISTRIES30.39 31.22 WE HAVE ESTIMATED THAT FOR PROPER USAGE, AT LEAST 300,000 PUBLIC SERVANTS SHOULD BE CONVERSANT WITH TAMIL31.31 ENDS.

SEGMENT: DATE: REPORTER: EDITOR: SLUG:

CORPORATE 16TH NOVEMBER 2007 RIYAD R. ANOUK T. SONY

SIEDLES THE AUTHORIZED SALES AGENTS FOR SONY IN SRI LANKA HAS JUST LAUNCHED THE ALL NEW BRAVIA LCD TELEVISION WHICH PROMISES UNRIVALED PICTURE CLARITY. SONY INTRODUCED EVENING.

THE

ROLL VTR Super Rajen Udeshi Director Siedles (Pvt) Ltd. TAG ‘BRAVIA LCD TV’S’

NEW

PRODUCT

AT

A

LAUNCH

HELD

LAST

VOICE OVER / SONY / RIYAD / 16TH NOVEMBER 2007 / VTR BEST RESOLUTION AUDIO VISUAL ARCHITECTURE BETTER KNOW AS BRAVIA IS THE LATEST TECHNOLOGY DEVELOPED BY SONY WHICH GIVES AMAZING PICTURE QUALITY, SMOOTHER MOTION AND A PROPRIETARY FILTRATION SYSTEM WHICH CUTS CROSS COLOR DISTORTIONS. SONY PROMISES A COMPREHENSIVE RANGE OF BRAVIA TV’S THAT ENSURES MEETING THE REQUIREMENT OF EACH INDIVIDUAL AND BUDGET AT ITS SIEDLES OUTLETS ISLANDWIDE. CURRENTLY 5 MODELS OF THE BRAVIA HIGH DEFINITION LCD TV’S ARE AVAILABLE IN SRI LANKA WITH SCREEN SIZES VARYING FROM 20 INCHES RIGHT UP TO 52 INCHES. 5.16 RAJEN BASICALLY AT THE HEART OF BRAVIA IS WHAT WE CALL THE BRAVIA ENGINE 5.21 WHICH ENABLES YOU TO ENJOY SHARPER IMAGES AND MORE VIVID COLOR 5.28 ANYBODY WHO HAD THE OPPORTUNITY HERE WILL BE ABLE TO SEE IT AND ANY CUSTOMER WHO WENT TO SEE IT CAN ALWAYS VISIT ANY OF THE SIEDLES SHOWROOM OR THEIR DEALERS ISLAND WIDE THE TECHNOLOGY IMPROVEMENT IN PICTURE QUALITY BRAVIA LCD’S GIVES. 4.48 ENDS/

SEGMENT DATE REPORTER SLUG

: : : :

MAIN 16/11/07 LASHINI TEA – VTR

THE SRI LANKA TEA BOARD TODAY ANNOUNCED THE DECISION TO WAIVE THE DOCUMENT LODGMENT FEES CHARGED FROM EXPORTERS WHO SUBMIT CUSTOMS DECLARATION FORMS OR CUSDEC’S ONLINE. THIS STEP WAS TAKEN TO ENCOURAGE TEA EXPORTERS TO USE THE ONLINE SUBMISSION FACILITY WHICH WAS INTRODUCED BY ESERVICES LANKA LIMITED EARLIER THIS YEAR. THE TEA BOARD SAYS THE TOP TEN EXPORTERS IN THE COUNTRY ARE ALREADY UTILIZING THIS FACILITY. ROLL VTR

VOICE OVER

- LASHINI – 16/11/07 – TEA - VTR

THIS ONLINE SYSTEM WHICH INTENDS TO REDUCE DOCUMENTATION RELATED LEAD TIME AND ELIMINATE THE NEED FOR EXPORTERS TO VISIT THE TEA BOARD OFFICE FOR SUBMISSION OF DOCUMENTS WAS INTRODUCED BY E-SERVICES LANKA LIMITED EARLIER THIS YEAR.

HETT 3:09 NOT ONLY SAVING TIME AND THE HASSLE TO COME TO THIS PLACE TO LODGE THE CUSDEC FORM AND ALSO TO ATTEND OTHER MATTERS CONNECTED TO THIS PROCESS OF EXPORTING ANDS DOCUMENTATION WHICH IS NECESSARY FOR SUCH EXPORT OF TEA .BUT ALSO TO REDUCE THEIR COST.S 3:38INFACT WE HAVE JUST AGREED TO EVEN DO AWAY WITH THE LODGMENT FEES THAT WE HAVE BEEN CHARGING SO FAR OF 100 RUPEES PER PAGE OF A CUSTOMS DECLARATION FORM WHICH I DON’T SAY IS A BIG AMOUNT BUT THEN IT IS A GESTURE OF GOOD WILL EXTEND TO THE EXPORTER TO REDUCE THEIR COSTS. 4:10 IN ADDITION TO THE AVOIDENCE OF THE HASSEL OF COMING HERE AND SAVING TIME IN DOING ALL THIS WORK 4:20 6:13 AS AT TODAY WE HAVE ABOUT 70 WHO HAVE REGISTERED WITH THIS SYSTEM, OUR EXPORTERS BUT WE DO HAVE MORE THAN 285 EXPORTERS ALONG WITH THE SMALL TIME EXPORTERS. 6:30 6:50 VA A CUSTOM DECLARATION GENERALLY HAVE AROUND 2 PAGES AS HUMBLY AS MR, H PUT IT ACROSS GENERALLY YOUR TEA EXPORT IS GOING TO SAVE AROUND 200 RUPEES. BECAUSE THE 100 RUPEE LODGMENT FEE IS PER PAGE. 7:10 SO THAT IS A FURTHUR SAVING NOW THE OTHER IMP AREA IS THE NEED TO MAKE PAYMENTS FOR PAL AND CESS.WHICH ARE EXPORT ORIENTED PAYMENTS ONLINE. SO BY DOING SO YOU GET THE TOTAL END TO END BENEFIT OF A TOTAL PAPERLESS ENVIRONMENT 7:32

HDH 9:20 LARGEST 10 EXPORTERS SUBMISSION 09:25 09:

ARE

ALREADY

IN

THE

ONLINE

SYSTEM

HETT 15:17 WE ARE ALSO GOING TO HAVE A BEAU RAE IN SOMWHER IN PALIYAGODA OR SOMEWHER TO HAVE THIS SMALL TIMERS WHO DO NOT HAVE THE FACILITY AT THE MOMENT TO GO AND LODGE A CUSDEC THROUGH THAT BEAURAUY ALSO. 15:37 SO THESE ARE CERTAIN ADVANTAGES THAT WE HAVE PLANNED FOR THE FUTURE15:43, AGAINGWE HAVE SOME OFFICES OUTSIDE COLOMBO. PERHAPS A POSSIBILITY IN THE NEAR FUTURE THAT WE GET THIS FACILIYT THROUGH BRANCH OFFICES AS WELL]16:03 16:04 IMAGINE A PERSON WHO IS IN HATTON OR N’ELIYA HAVING TO COME OVER TO COLOMBO TO LODGE A ENTRY THIS CAN BE AVOIDED IF WE CAN DO IT ONLINE. 16:13 VA 16:35 THE ONLINE SUBMISSION FACILITY HAS BEEN IN OPERATION FOR 9 MONTHS. SINCE AUGUST LAST YEAR IT WAS EXPANDED TO ALL TEA EXPORTERS 16:45 UNTIL AUGUST IT WAS CONFINED TO 30 EXPORTERS 16:49

SEGMENT DATE REPORTER SLUG

: : : :

MAIN 16/11/07 LASHINI TEA – VTR

THE SRI LANKA TEA BOARD HAS DECIDED TO WAIVE OFF DOCUMENT LODGMENT FEES CHARGED FROM EXPORTERS WHO SUBMIT CUSTOMS DECLARATION FORMS ONLINE. THIS STEP WAS TAKEN TO ENCOURAGE TEA EXPORTERS TO USE THE ONLINE SUBMISSION FACILITY WHICH WAS INTRODUCED BY ESERVICES LANKA LIMITED EARLY THIS YEAR. THE TEA BOARD SAYS THE TOP TEN EXPORTERS IN THE COUNTRY ARE ALREADY UTILIZING THIS FACILITY. ROLL VTR SUPER: Lalith Hettiarachchi Chairman Sri Lanka Tea Board Info tags: ‘ONLINE SUBMISSION’ CUSDEC lodgment fees waived

VOICE OVER

- LASHINI – 16/11/07 – TEA - VTR

3:38 HETTIARACHCHI IN FACT WE HAVE JUST AGREED TO EVEN DO AWAY WITH THE LODGMENT FEES THAT WE HAVE BEEN CHARGING SO FAR OF 100 RUPEES PER PAGE OF A CUSTOMS DECLARATION FORM WHICH I DON’T SAY IS A BIG AMOUNT BUT THEN IT IS A GESTURE OF GOOD WILL EXTENDED TO THE EXPORTER TO REDUCE THEIR COSTS. IN ADDITION TO THE AVOIDANCE OF THE HASSLE OF COMING HERE AND SAVING TIME IN DOING ALL THIS WORK 4:20 THE SYSTEM FACILITATES ONLINE SUBMISSION OF BLEND SHEETS AND THE ACKNOWLEDGMENT OF RECEIPT, ONLINE APPROVAL OF CUSDEC’S BY THE TEA BOARD AS WELL AS ONLINE REGISTRATION AND APPROVAL OF CUSDEC’S BY CUSTOMS OR BOI WITHIN MINUTES OF TEA BOARD APPROVAL. OUT OF OVER 285 TEA EXPORTERS 70 HAVE ALREADY REGISTERED WITH THIS SYSTEM. THE TEA BOARD SAYS PLANS ARE BEING LAID TO ACHIEVE 100% INVOLVEMENT OF THE TEA EXPORT SECTOR. 15:17 HETTIARACHCHI WE ARE ALSO GOING TO HAVE A BUREAU IN SOMEWHERE IN PALIYAGODA OR SOMEWHERE TO HAVE THIS SMALL TIMERS WHO DO NOT HAVE THE FACILITY AT THE MOMENT TO GO AND LODGE A CUSDEC THROUGH THAT BUREAU ALSO.**************** 15:43, AGAIN WE HAVE SOME OFFICES OUTSIDE COLOMBO. PERHAPS A POSSIBILITY IN THE NEAR FUTURE THAT WE GET THIS FACILIYT THROUGH BRANCH OFFICES AS WELL16:03 IMAGINE A PERSON WHO IS IN HATTON OR N’ELIYA HAVING TO COME OVER TO COLOMBO TO LODGE A ENTRY THIS CAN BE AVOIDED IF WE CAN DO IT ONLINE. 16:13 ENDS.

STOX TRADING AT THE CSE WAS RELATIVELY DULL TODAY. INTEREST WAS SEEN ON SELECTIVE COUNTERS WHILE BOTH INDICES ENDED IN THE RED. THE DAY’S VOLUMES LIST WAS TOPPED BY BAIRAHA FARMS WHICH TRADED 2.5 MILLION SHARES. THREE ACRE FARMS WAS NEXT IN LINE WITH 2.1 MILLION SHARES WHILE CEYLON GLASS FOLLOWED. BAIRAHA FARMS ALSO PUMPED IN THE MAJOR SHARE TO TURN OVER OF 39.9 MILLION AND WAS FOLLOWED BY THREE ACRE FARMS AND C W MACKIE. NO CROSSINGS TOOK PLACE FOR THE DAY. CARD 1 THE ASPI ENDED THE DAY 15.91 POINTS DOWN AT 2,625.69 WHILE THE MILANKA DROPPED BY 15.05 POINTS TO CLOSE THE WEEK AT 3,506.88 TURN OVER FOR THE DAY WAS RECORDED AT 237.1 MILLION RUPEES. CARD 2 LEADING THE DAY’S GAINERS WERE PARQUET, THREE ACRE FARMS, FORT LAND AND ALUFAB

PARQUET

CARD 3 WHILE CEYLON GLASS RIGHTS, LANKA CERAMIC, NUWARA EQUITY AND PEGASUS HOTELS TOPPED THE LOSERS LIST FOREX RATES CARD 4 CARD 5

RIGHTS,

ELIYA,

SEGMENT: DATE: REPORTER: SLUG:

MAIN 16 / 11 / 2007 CHAMINDA TRO – VTR

THE US DEPARTMENT OF TREASURY ANNOUNCED YESTERDAY THAT IT IS FREEZING THE ASSETS OF THE TAMIL REHABILITATION ORGANIZATION COMMONLY KNOWN AS TRO. THE UNITED STATES SAYS THE ACTION WAS TAKEN BECAUSE THEY HAVE IDENTIFIED THAT, QUOTE “THE TRO ACTS AS A FRONT TO FACILITATE FUNDRAISING AS WELL AS ARMS AND OTHER PROCUREMENT FOR THE LIBERATION TIGERS OF TAMIL ELAM” UNQUOTE. THE US EMBASSY IN COLOMBO CALLED A MEDIA EVENING TO EXPLAIN THE MATTER IN DETAIL.

ROLL VTR Robert Blake US Ambassador in Sri Lanka ‘US freezes TRO assets’ TRO designated under Executive order 13224 US persons are prohibited from dealing with the designees

BRIEFING

THIS

SEGMENT: DATE: REPORTER: SLUG:

MAIN 16 / 11 / 2007 CHAMINDA TRO EXTRO – DRY

MEANWHILE MINISTER OF FOREIGN AFFAIRS ROHITHA BOGOLLAGAMA MAKING A STATEMENT IN PARLIAMENT TODAY COMMENDED THE MOVE TAKEN BY THE UNITED STATES TO FREEZE THE TRO’S ASSETS. BOGOLLAGAMA SAID THAT BY DOING SO, THE BECOMES THE FIRST FOREIGN GOVERNMENT TO ACTION AGAINST AN LTTE FRONT ORGANIZATION.

US GOVERNMENT TAKE TANGIBLE

CARD IN HE ALSO SAID YESTERDAY’S ACTION CONSTITUTES A VITAL FURTHER STEP IN U.S. COOPERATION TOWARDS HELPING END TERRORISM BY THE LTTE. BOGGOLLAGAMA ADDED THAT THIS PRECEDENT STEP BY THE U.S. GOVERNMENT SHOULD ENCOURAGE OTHER COUNTRIES WHICH ARE ALSO INVESTIGATING LTTE FRONT ORGANIZATIONS INCLUDING THE TRO. READ ON Foreign Minister Rohitha Bogollagama speaking on Freezing TRO Assets in the USA says; “Yesterday’s action constitutes a vital further step in US cooperation towards helping end terrorism by the LTTE.”

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