29th Nov 07

ATTN: MR CHANDIMA UDABAGE RUNDOWN THE STATE OF BUSINESS – 29TH Nov, 2007 SECURITY

DRY

CHAMI

CEB

VTR

RIYAD

VTR

CHAMI

LOGISTICS BRIDGE LOGISTICS

BREAK 1 - ADD STATE OF BUSINESS BRIDGE MILITARY

VTR

SAMANTHA

ADD CORPORATE BRIDGE ISLAMIC

VTR

NILANTHA

L’OREAL

VTR

NISHANI

BREAK 2 - STOCK WATCH STOCK UPDATE CURRENCY

CARDS CARDS

01.30 00.20

LINE UP EDITOR ANCHOR

- ANOUK/ NISHANI - RAVI

HEADLINES 1. CEB UNION SAYS GOVERNMENT SHOULD EVALUATE POWER PROJECTS ON CASE BY CASE BASIS, AND 2. EXPERTS SAY LOGISTICS INDUSTRY IN ASIA GROWING AT GREATER PACE THAN THE WEST 1.SLUG:SECURITY–DRY THE MEDIA CENTER FOR NATIONAL SECURITY INFORMS THE PUBLIC TO BE VIGILANT FOLLOWING THE BLAST YESTERDAY IN NUGEGODA THAT KILLED A NUMBER OF CIVILIANS. IT SAYS LTTE TERRORISTS HAVE NOW BEGUN TO TARGET CIVILIANS THROUGH VARIOUS ACTS OF TERRORISM SUCH AS BOMB BLASTS. THEREFORE THE MEDIA CENTER FOR NATIONAL SECURITY REQUESTS THE PUBLIC TO BE EXTRA VIGILANT AT PLACES SUCH AS BUS STANDS, RAILWAY STATIONS AND SHOPPING COMPLEXES. ON BECOMING AWARE OF ANY SUSPICIOUS PERSONS OR OBJECTS LYING ABOUT, THE CENTER ADVISES THE PUBLIC TO MOVE AWAY FROM THE SPOT IMMEDIATELY AND INFORM THE NEAREST POLICE STATION OR CALL 118 OR 119 WITHOUT DELAY. READ ON 2.SLUG:CEB-VTR ALTERNATIVE POWER GENERATION CONCEPTS SUCH AS WIND, SOLAR AND MINI POWER ARE VIABLE OPTIONS DUE TO THE ALL TIME PRICE HIGH’S IN THE GLOBAL FOSSIL FUELS MARKET. BUT EXPERTS AT THE CEB SAY THE GOVERNMENT SHOULD EVALUATE POWER GENERATION PROJECTS ON A CASE BY CASE BASIS, AS SOME SO CALLED LOW COST ALTERNATIVES MAY BURN A HOLE IN CONSUMERS POCKETS YET AGAIN IN THE FUTURE. THIS WAS STATED AT A MEDIA CONFERENCE ORGANIZED BY THE CEB ENGINEERS UNION THIS MORNING. ROLL VTR EXTRO

MEANWHILE THE SECRETARY TO THE MINISTRY OF POWER AND ENERGY WHEN CONTACTED BY ART TV, STATED THAT THE CABINET HAD APPROVED THE DEAL AS IT WAS A GOVERNMENT POLICY DECISION ROLL VTR

UP NEXT IS A LOOK AT OUR SPECIAL SEGMENT ‘LOGISTICS HUB OF COLOMBO’ ROLL THEME 3.SLUG:LOGISTICS-VTR EXPERTS SAY THAT THE HIGH COST OF OPERATIONS, LOW PRODUCTIVITY AND THE DEPRESSED MARKETING CONDITIONS IN THE COLOMBO PORT HAVE ALREADY FORCED CARRIERS TO MOVE INTO ALTERNATIVE PORTS. THEY SAY THE COUNTRY IS LOSING A FAIR AMOUNT OF FOREIGN EXCHANGE DUE TO THIS SITUATION. ROLL VTR BREAK 4.SLUG:MILITARY-VTR THE MINISTRY OF DEFENSE REQUESTS PUBLIC SUPPORT TO BUILD FIFTY THOUSAND HOUSES FOR THE ARMED SERVICE PERSONNEL IN THE TRI FORCES. THE PROJECT LAUNCHED WITH THE SUPPORT OF THE CENTRAL BANK IS TITLED “API WENUWEN API WEMU”. DETAILS OF THE PROJECT WHICH IS ALREADY UNDERWAY EXPLAINED TO THE MEDIA THIS MORNING IN COLOMBO. ROLL VTR

WAS

CORPORATE 5.SLUG:ISLAMIC BANKING–VTR ISLAMIC BANKING IS A NEW CONCEPT THAT IS CATCHING UP IN THE LOCAL BANKING SECTOR. HOWEVER, EXPERTS SAY THE LACK OF AWARENESS AMONG THE PUBLIC AND A DEARTH OF PROFESSIONALS ARE HINDERING THE PROGRESS OF THE FIELD. AS A SOLUTION TO THESE ISSUES, THE FIRST GLOBAL GROUP IS CONDUCTING A 3-DAY SEMINAR AND WORK SHOP ON ISLAMIC BANKING AND FINANCE FROM DECEMBER 14TH TO 16TH IN COLOMBO. THE DETAILS WERE DISCLOSED TO THE MEDIA IN COLOMBO RECENTLY. ROLL VTR 6.SLUG:L’OREAL-FLASH SANGIUN SERVICES PVT LTD THE SOLE AGENTS FOR L’OREAL IN SRI LANKA IN COLLABORATION WITH THE INTERNATIONAL LIONS CLUB IS PLANNING TO AWARD FREE TECHNICAL TRAINING IN HAIRDRESSING TO 100 YOUNG ADULT ORPHANS. THIS IS THE FIRST STEP BY SANGUIN SERVICES IN THEIR VISION TO FURTHER ENHANCE ITS CORPORATE SOCIAL RESPONSIBILITY EFFORTS. ACCORDING TO THE LIONS CLUB THE CANDIDATES WILL BE CHOSEN FROM ORPHANAGES ACROSS THE COUNTRY AND WILL BE AWARDED AN INTERNATIONALLY RECOGNIZED CERTIFICATE IN HAIR DRESSING FOLLOWING A TRAINING CONDUCTED AT THE L’OREAL TECHNICAL CENTRE. SANGUIN SERVICES PVT LIMITED HAS COMMITTED 5 MILLION RUPEES TOWARDS THIS CAUSE. READ ON BREAK

STOX THE MARKET SAW A DULL DAY OF TRADING TODAY AND ENDED ON A MIXED SENTIMENT. NO CROSSINGS TOOK PLACE FOR THE DAY. SIERRA CABLES TRADED THE HIGHEST VOLUME OF 2.19 MILLION SHARES FOLLOWED BY KSHATRIYA HOLDINGS AND NAWALOKA HOSPITALS. KSHATRIYA HOLDINGS WAS THE TOP CONTRIBUTOR TO TURN OVER PUMPING IN 24.5 MILLION RUPEES AND WAS FOLLOWED BY CEYLON LEATHER AND COMMERCIAL BANK FOREIGN BUYING FOR THE DAY WAS AT 27.2 FOREIGN SALES AMOUNTED TO 19.23 MILLION.

MILLION

WHILE

CARD 1 THE ALL SHARE LOST 4.66 POINTS TO CLOSE THE DAY AT 2,558.2 WHILE THE MILANKA GAINED 1.13 POINTS TO END AT 3,380.37 TURN OVER WAS AT 148.6 MILLION RUPEES CARD 2 LEADING THE DAY’S GAINERS WERE MTD WALKERS, HOTELS, AMW, BLUE DIAMONDS AND ELPITIYA

ASSOCIATED

CARD 3 WHILE THE LOSERS WERE HEADED BY COCO LANKA-RIGHTS, ALLIANCE, COLOMBO PHARMACY, MADULSIMA AND UNION CHEMICALS. CARD 4 JAMES FINLAY AND COMPANY ANNOUNCEMENT FOR THE DAY UP NEXT ARE THE FOREX RATES CARD 5 CARD 6

MADE

AN

INTERIM

DIVIDEND

SEGMENT: DATE: REPORTER: SLUG:

MAIN 29 / 11 / 2007 CHAMINDA SECURITY – DRY

THE MEDIA CENTER FOR NATIONAL SECURITY INFORMS THE PUBLIC TO BE VIGILANT FOLLOWING THE BLAST YESTERDAY IN NUGEGODA THAT KILLED A NUMBER OF CIVILIANS. IT SAYS LTTE TERRORISTS HAVE NOW BEGUN TO TARGET CIVILIANS THROUGH VARIOUS ACTS OF TERRORISM SUCH AS BOMB BLASTS. THEREFORE THE MEDIA CENTER FOR NATIONAL SECURITY REQUESTS THE PUBLIC TO BE EXTRA VIGILANT AT PLACES SUCH AS BUS STANDS, RAILWAY STATIONS AND SHOPPING COMPLEXES. ON BECOMING AWARE OF ANY SUSPICIOUS PERSONS OR OBJECTS LYING ABOUT, THE CENTER ADVISES THE PUBLIC TO MOVE AWAY FROM THE SPOT IMMEDIATELY AND INFORM THE NEAREST POLICE STATION OR CALL 118 OR 119 WITHOUT DELAY. READ ON

SEGMENT: DATE: REPORTER: SLUG:

CORPORATE 28/11/07 NK ISLAMIC BANKING – VTR

ISLAMIC BANKING IS A NEW CONCEPT THAT IS CATCHING UP IN THE LOCAL BANKING SECTOR. HOWEVER, EXPERTS SAY THE LACK OF AWARENESS AMONG THE PUBLIC AND A DEARTH OF PROFESSIONALS ARE HINDERING THE PROGRESS OF THE FIELD. AS A SOLUTION TO THESE ISSUES, THE FIRST GLOBAL GROUP IS CONDUCTING A 3-DAY SEMINAR AND WORK SHOP ON ISLAMIC BANKING AND FINANCE FROM DECEMBER 14TH TO 16TH IN COLOMBO. THE DETAILS WERE DISCLOSED TO THE MEDIA IN COLOMBO RECENTLY. ROLL VTR TAG ‘KNOW IT BEYOND’ 3-day seminar & workshop on Islamic banking & finance SUPER Muhammed Ikram Thowfeek Founder & Managing Director First Global Group

VOICE OVER – ISLAMIC BANKING THE 3-DAY SEMINAR & WORKSHOP TITLED “KNOW IT BEYOND” ORGANIZED BY FIRST GLOBAL GROUP ON ISLAMIC BANKING & FINANCE WILL BE HELD AT THE GALADARI HOTEL, COLOMBO FROM DECEMBER 14TH TO 16TH. THE SEMINAR AND WORKSHOP WILL DEAL WITH THE THEORETICAL FRAME WORK AND PRACTICAL ASPECTS OF ISLAMIC BANKING AND FINANCE. IT WAS ALSO REVEALED AT THE MEDIA CONFERENCE THAT THE MOMENTUM FOR ISLAMIC BANKING AND FINANCE IS BUILDING UP IN SRI LANKA AND THUS IT IS HIGH TIME THAT THE KNOWLEDGE OF THE PUBLIC BE ENHANCED ON THE POTENTIAL OF THE SECTOR. FGG BELIEVES THAT NURTURING ISLAMIC BANKING AND THE FINANCE SECTOR WILL THE PAVE WAY IN TAPPING FINANCIAL RESOURCES FROM THE MIDDLE EAST TO BE USED FOR THE COUNTRY’S DEVELOPMENT. V/C 17:45 – 18.18 Even after spending on their money infrastructure projects sill there are excess in the Middle East who are tapping this money today? The European and Western countries are tapping, even Asian countries are tapping into Islamic funds their through Islamic finance you know - tag. Why not Sri Lanka open our way, so much of development to be happening in this country so many people need to be supported. So why not we are paying money for petrol prices the cost of living is going up other expenses are, you know really very much expensive on certain product .Lets have another channel to be bring back the money to our country’s development. ENDS/

SEGMENT: DATE: REPORTER: SLUG:

MAIN 29 /11 / 2007 SAMANTHA MILITARY HOUSE - VTR

THE MINISTRY OF DEFENSE REQUESTS PUBLIC SUPPORT TO BUILD FIFTY THOUSAND HOUSES FOR THE ARMED SERVICE PERSONNEL IN THE TRI FORCES. THE PROJECT LAUNCHED WITH THE SUPPORT OF THE CENTRAL BANK IS TITLED “API WENUWEN API WEMU”. DETAILS OF THE PROJECT WHICH IS ALREADY UNDERWAY EXPLAINED TO THE MEDIA THIS MORNING IN COLOMBO.

WAS

ROLL VTR SUPER Willie Gamage – Addl. Secretary Development & Public Relations Ministry of Defense ‘Api Wenuwen Api’ Cost of each house Rs. 1,000,000 Donation target per year Rs. 3 Bn card Donations can be made to: - The Bank of Ceylon Account Number: 7040000 - Dialog users can contribute via SMS by typing “API” and sending it to 8877.

VOICE OVER – MILITARY HOUSE – SAMANTHA – 28 / 11 UNDER THIS PROJECT THE DEFENSE MINISTRY PLANS TO BUILD 10,000 HOUSES PER YEAR AND COMPLETE THE CONSTRUCTION OF 50,000 HOUSES WITHIN A PERIOD OF FIVE YEARS. THEY SAY THE PROJECT IS DESIGNED TO ENHANCE THE LIVING STANDARDS OF SERVICE PERSONNEL BY OFFERING THEM MODERN FACILITIES ON AN EASY LOAN REPAYMENT PLAN AT INTEREST RATES LOWER THAN THE INDUSTRY STANDARDS. THE DEFENSE MINISTRY SAYS THE COST OF EACH HOUSE WILL BE AROUND 1 MILLION RUPEES AND WILL CONSIST OF FACILITIES SUCH AS ELECTRICITY, WATER, TELEPHONES AND CABLE TV ETC. VOICE CUT 37:13 BENEFITS TO THE ECONOMY GDP WILL INCREASE AT LEAST 0.1% EACH YEAR DURING THE CONSTRICTION PERIOD WILL CREATE AT LEAST ONE HUNDRED THOUSAND DIRECT EMPLOYMENT THREE HUNDRED THOUSAND INDIRECT EMPLOYMENT AND ALSO THERE WILL BE A INCREASE IN GOVERNMENT REVENUE ON VAT AND OTHER TAXES AND THEN ID MOST IMPORTANT THING IS BOOST TO THE CONSTRUCTION INDUSTRY OF THE COUNTRY 37:53 AUTHORITIES SAY THE ENTIRE PROJECT WILL REQUIRE 15 BILLION RUPEES AND REQUEST THE SUPPORT OF THE PUBLIC AND THE CORPORATE SECTOR FOR THE ENDEAVOUR. CARD IN DONATIONS TO THE PROJECT CAN BE DEPOSITED IN THE ACCOUNT NUMBER 7040000 AT BANK OF CEYLON BRANCHES ISLAND WIDE. THE PUBLIC ALSO CAN MAKE DONATIONS VIA THE NETWORK BY TYPING “API” AND SENDING IT TO MESSAGE WILL CONTRIBUTE 100 RUPEES TO THE FUND. CARD OUT

DIALOG SMS 8877. EACH

THE FIRST PHASE OF THE PROJECT IS NOW UNDERWAY IN IPOLOGAMA ANURADHAPURA. ENDS.

SEGMENT:CORPORATE AIRED: SHOT:26TH NOV REPORTER:NISHANI SLUG:L’OREAL SANGIUN SERVICES PVT LTD THE SOLE AGENTS FOR L’OREAL IN SRI LANKA IN COLLABORATION WITH THE INTERNATIONAL LIONS CLUB IS PLANNING TO AWARD FREE TECHNICAL TRAINING IN HAIRDRESSING TO 100 YOUNG ADULT ORPHANS. THIS IS THE FIRST STEP BY SANGUIN SERVICES IN THEIR VISION TO FURTHER ENHANCE ITS CORPORATE SOCIAL RESPONSIBILITY EFFORTS. ACCORDING TO THE LIONS CLUB THE CANDIDATES WILL BE CHOSEN FROM ORPHANAGES ACROSS THE COUNTRY AND WILL BE AWARDED AN INTERNATIONALLY RECOGNIZED CERTIFICATE IN HAIR DRESSING FOLLOWING A TRAINING CONDUCTED AT THE L’OREAL TECHNICAL CENTRE. SANGUIN SERVICES PVT LIMITED HAS COMMITTED 5 MILLION RUPEES TOWARDS THIS CAUSE. READ ON

SEGMENT DATE REPORTER SLUG

: : : :

MAIN 28/11/2007 RAVI LOGISTICS - VTR

UP NEXT IS THE SPECIAL SEGMENT ‘THE LOGISTIC HUB OF COLOMBO’ ROLL THEME EXPERTS SAY THAT THE HIGH COST OF OPERATIONS, LOW PRODUCTIVITY AND THE DEPRESSED MARKETING CONDITIONS IN THE COLOMBO PORT HAVE ALREADY FORCED CARRIERS TO MOVE INTO ALTERNATIVE PORTS. THEY SAY THE COUNTRY IS LOSING A FAIR AMOUNT OF FOREIGN EXCHANGE DUE TO THIS SITUATION. ROLL VTR Eric Maard Managing Director Maersk Lanka (Pvt) Ltd. ‘LOGISTICS HUB OF COLOMBO’

VOICE OVER – LOGISTICS – 28 /11 – RAVI THE MANAGING DIRECTOR OF MAERSK LANKA PRIVATE LIMITED SPEAKING AT A SEMINAR HELD IN COLOMBO SAID THAT THE LOGISTICS INDUSTRY IS GROWING AT A MUCH HIGHER PACE IN ASIA THAN EUROPE OR AMERICA. VC – MAARD 04:05 THE EUROPEAN AND AMERICAN INDUSTRIES HAVE ALREADY OUTSOURCED OVER PAST 15 YEARS TO A LARGER EXTEND. ITS ESTIMATED ABOUT 25%. WHERE AS ASIAN INDUSTRIES ARE BEGINNING TO OUTSOURCE NOW. THAT SRI LANKA WHY THERE IS A GREATER GROWTH POTENTIAL FOR LOGISTIC SERVICES IN ASIA THAN EUROPE AND USA. 04:30 HE SAID ADOPTING GOOD INFRASTRUCTURE, LEGALIZED REGULATORY ENVIRONMENT AND ECONOMIC STABILITY WILL HELP SRI LANKA TO GRAB A SLICE OF THIS MARKET. VC – MAARD 17:03 EVEN WITH INDIAN PORTS DEVELOPING AND EXPANDING THERE WILL STILL BE A NEED FOR TRANS-SHIPMENT PORTS. AND COLOMBO COULD VERY WELL CONTINUE TO PLAY AN ACTIVE AND DOMINANT ROLE PROVIDED THE CAPACITY CREATED AND COST ARE COMPETITIVE. 17:31 HE ALSO SAID SRI LANKA NEEDS TO REPLACE THE RELATIVELY PRIMITIVE WAREHOUSES THAT EXIST AT PRESENT WITH SUPERIOR WAREHOUSES. ACCORDING TO HIM THESE DETAILS STAND IN THE WAY OF COLOMBO BECOMING A WORLD CLASS LOGISTICS HUB. VC – MAARD 29:41 THE RELATIVELY HIGH COST IN OPERATING IN COLOMBO AMD THE DEPRESSED MARKETING CONDITIONS HAVE ALREADY FORCED CARRIERS TO MOVER TO ALTERNATIVE PORTS. IN MY CALCULATIONS THIS HAVE RESULTED IN COLOMBO LOSING 100,000 BOXES IS TRANS-SHIPMENT. IN ANNUAL BASIS MAY BE 300,000. 30:10 END

SEGMENT: DATE: REPORTER: EDITOR: SLUG:

MAIN 29TH NOVEMBER 2007 RIYAD R. ANOUK T. HULANG POWER

ALTERNATIVE POWER GENERATION CONCEPTS SUCH AS WIND, SOLAR AND MINI POWER ARE VIABLE OPTIONS DUE TO THE ALL TIME PRICE HIGH’S IN THE GLOBAL FOSSIL FUELS MARKET. BUT EXPERTS AT THE CEB SAY THE GOVERNMENT SHOULD EVALUATE POWER GENERATION PROJECTS ON A CASE BY CASE BASIS, AS SOME SO CALLED LOW COST ALTERNATIVES MAY BURN A HOLE IN CONSUMERS POCKETS YET AGAIN IN THE FUTURE. THIS WAS STATED AT A MEDIA CONFERENCE ORGANIZED BY THE CEB ENGINEERS UNION THIS MORNING. ROLL VTR EXTRO MEANWHILE THE SECRETARY TO THE MINISTRY OF POWER AND ENERGY WHEN CONTACTED BY ART TV, STATED THAT THE CABINET HAD APPROVED THE DEAL AS IT WAS A GOVERNMENT POLICY DECISION Super J. Meegoda President Ceylon Electricity Board engineers Union Ananda Piyatilake Immediate Past President Ceylon Electricity Board engineers Union

VOICE OVER / HULANG POWER / RIYAD / 29TH NOVEMBER 2007 / VTR THE CEB ENGINEERS UNION SAYS THAT IN RECENT TIMES UNSOLICITED DEALS WHICH ARE NOT PART OF THE CEB’S POWER GENERATION MASTER PLAN HAVE SURFACED AT AN ALARMING RATE. ONE SUCH DEAL IS THE LETTER OF INTENT SIGNED BETWEEN THE CEB AND ENERCON OF INDIA, TO PURCHASE POWER GENERATED BY THE 50 MEGA WATT WIND POWER PROJECT IN KALPITIYA FOR THE NEXT 20 YEARS. THE DEAL PROPOSES THAT CEB PURCHASES A UNIT OF ELECTRICITY AT 13 U.S. CENTS FOR THE 1ST 6 YEARS, 7 U.S. CENTS FOR THE NEXT 9 YEARS AND 5 U.S. CENTS FOR THE LAST 5 YEARS. UNDER THE TERMS OF THE LETTER OF INTENT THE AVERAGE TARIFF TO BE PAID TO ENERCON OF INDIA IS 18 RUPEES AND 40 CENTS, 5 RUPEES AND FIFTY CENTS MORE THAN THE LOCAL SIMILAR POWER GENERATORS. 36.03 IPP WHAT WE KNOW IS THE PROJECT COMMITTEE HAS VERY CLEARLY SAID THAT THE COST IS HIGH FOR WHAT THEY HAVE QUOTED FOR AND WHAT THEY HAVE ASKED FOR IS TOO HIGH. 36.17 THAT PART WE KNOW FROM THE 10 MEMBER INDEPENDENT COMMITTEE, BUT THE CABINET APPOINTED NEGOTIATING COMMITTEE HAS TAKEN A DIFFERENT TURN AND THEY PROPOSING THIS USD TARIFF 36.30 AND THE CABINET PAPER GOES ONE STEP FURTHER AND IT SAYS 1 U.S. CENT MORE 36.37 ++++++++ 4.16 MEEGODA THIS IS MUCH HIGHER THAN THE PRICE THAT WE ARE PAYING FOR LOCAL WIND PROJECTS. THE LOSS DURING THE FULL LIFE CYCLE IS ESTIMATED TO BE AROUND RUPEES 5700 MILLION OR AROUND 6 BILLION 4.31 THE CEB ENGINEERS UNION STATED THAT THE CABINET APPOINTED 3 PERSON NEGOTIATING COMMITTEE HEADED BY O.C. JAYAWARDANE WHICH ALSO INCLUDED THE MINISTRY SECRETARY M.M.C. FERDINANDO, AND MRS DAYANI DE SILVA APPROVED THE DEAL ON THE GROUNDS THAT THE INDIAN COMPANY HAS TAKEN BOLD STEPS IN POWER GENERATION. BUT IT SAYS THE PROPOSAL IS FLAWED DUE TO THE LOW EFFICIENCY RATIO KNOWN AS PLANT FACTOR WHICH INCREASES THE WIND POWER PLANT’S OPERATIONAL COSTS.

37.04 IPP THEY HAVE TAKEN A VERY LOW PLANT FACTOR SO THE LEVEL OF ENERGY THEY GENERATE THEY ARE PURPOSELY KEEPING LOW 37.09 WHERE IT’S 32% THEY ARE TAKING 24% THIS KIND OF THING THEY DO 37.20 HE STATED THAT THE CEB ENGINEERS UNION AND SEVERAL HIGHRANKING OFFICIALS INCLUDING THE GENERAL MANAGER OF THE CEYLON ELECTRICITY BOARD HAD VOICED THEIR DISCONTENTMENT OVER THE DEAL TO THE RELEVANT AUTHORITIES, BUT TO NO VAIL. 13.26 IPP WHAT THE CHAIRMAN INSTRUCTS THE GENERAL MANAGER IS TO ISSUE THE LOI TODAY ITSELF, THIS WAS DATED 12/11/2007 SO HE’S ACTING ON THE CABINET DECISION, SO WHAT WE SEE IS THE CABINET BEING MISLEAD. 13.41 ENDS/

STOX THE MARKET SAW A DULL DAY OF TRADING TODAY AND ENDED ON A MIXED SENTIMENT. NO CROSSINGS TOOK PLACE FOR THE DAY. SIERRA CABLES TRADED THE HIGHEST VOLUME OF 2.19 MILLION SHARES FOLLOWED BY KSHATRIYA HOLDINGS AND NAWALOKA HOSPITALS. KSHATRIYA HOLDINGS WAS THE TOP CONTRIBUTOR TO TURN OVER PUMPING IN 24.5 MILLION RUPEES AND WAS FOLLOWED BY CEYLON LEATHER AND COMMERCIAL BANK FOREIGN BUYING FOR THE DAY WAS AT 27.2 FOREIGN SALES AMOUNTED TO 19.23 MILLION.

MILLION

WHILE

CARD 1 THE ALL SHARE LOST 4.66 POINTS TO CLOSE THE DAY AT 2,558.2 WHILE THE MILANKA GAINED 1.13 POINTS TO END AT 3,380.37 TURN OVER WAS AT 148.6 MILLION RUPEES CARD 2 LEADING THE DAY’S GAINERS WERE MTD WALKERS, HOTELS, AMW, BLUE DIAMONDS AND ELPITIYA

ASSOCIATED

CARD 3 WHILE THE LOSERS WERE HEADED BY COCO LANKA-RIGHTS, ALLIANCE, COLOMBO PHARMACY, MADULSIMA AND UNION CHEMICALS. CARD 4 JAMES FINLAY AND COMPANY ANNOUNCEMENT FOR THE DAY UP NEXT ARE THE FOREX RATES CARD 5 CARD 6

MADE

AN

INTERIM

DIVIDEND