30th Oct 07

ATTN: MR: CHANDIMA UDABAGE RUNDOWN THE STATE OF BUSINESS – 30TH OCT, 2007 SHELL

CARD

NILANTHA

00:25

CORRUPTION

VTR

CHAMI

DIALOG 3Q

FLASH

NISHANI

00:50

VTR

RIYAD

01.45

ADD BUDGET BRIDGE NCE

BREAK 1- ADD STATE OF BUSINESS BRIDGE BANDU

VTR

RAVI

VTR

NILANTHA

ADD CORPORATE BRIDGE LOLC

01.45

BREAK 2 – ADD STATE OF BUSINESS BRIDGE STOCK

CARDS

01.15

CURRENCY

CARDS

00.15

LINE UP EDITOR

ANOUK/ NISHANI

ANCHOR

DAKSHITHA

headlines 1. still more hikes as shell gas prices increase from midnight tomorrow, and 2. calling profits- dialog records 7% bottom line growth in 3rd quarter 1. shell shell gas says they will increase the price of a 12.5 kg domestic gas cylinder by 15 rupees. when contacted the finance director of shell gas, remor saldin said accordingly the new price will be 1313 rupees. the price revision is effective from mid night tomorrow. meanwhile, when contacted the chairman of laugfs gas w. k. h. wegapitiya said they have still not taken a decision on a price hike. a 12.5 kg cylinder of laughs gas is sold at 1248 rupees. read on. 2. bribery – vtr the commission to investigate allegations of bribery or corruption says, inadequate staff and technical know-how is keeping the commission from operating effectively. the commission’s top officials in a rare media appearance this morning stated that they have informed the authorities of this issue, but it has not been addressed as yet. roll vtr 3. dialog dialog telekom plc issued an overview of its financial performance for the nine months ended 30 september 2007 today. the company has recorded a profit after tax of rs. 7.98 billion rupees up 7% relative to the nine months ended 30 september 2006.

dialog’s total operating revenue rose by 24% to 23.03 billion rupees during the same time period driven by the robust growth of its subscriber base by 40% to 3.96 million from the corresponding period last year. the group results of dialog telekom plc, post consolidation with subsidiary performance, recorded a profit after tax of 7.3 billion rupees for the nine months ended 30 september 2007. this represents a drop by 3% relative to the nine months ended 30 september 2006, due mainly to a negative contribution of 542.56 mn rupees from the recently operationalised subsidiary dialog television (pvt) ltd known as(dtv) read on.. 4. nce president of the national chamber rajapaksa stated that the nce is treasury issue certificates which can commercial papers against the pending exporters.

of exporters d. k. proposing that the be used as tradable vat payments owed to

he made this comment while sharing his expectations ahead of the upcoming budget. roll vtr 5. bandu –vtr the minister of trade and consumer affairs says that certain amendments will be made to the consumer affairs authority act no 9 of 2003. these amendments will be presented to parliament on the 7th of next month. this was revealed at a media briefing held today to announce the appointment of the new members to the consumer affairs authority. roll vtr 6. corporate- lolc

lanka orix leasing company, a leading financial service provider in sri lanka, entered into an agreement with lanka ioc under which they will be allowed to set up service centers at all lioc filling stations around the island. the documents pertaining to the agreement were signed in colombo yesterday. roll vtr 7. corporate- fun run it’s time to lace up those shoes and gulp down those energy drinks, as the hilton colombo residence stretch and stride 2007 fun run gets underway for the 5th consecutive year. the fun run will kick off on the 18th of next month and is open to the public. sri lanka telecom mobitel is the main sponsor of the event. roll vtr stox trading at the cse was on a downward trend throughout the day and ended in the red. interest was seen on several blue chip counters. the lone crossing for the day took place on dialog as 9.99 million shares changed hands at 23 and a half dialog topped the day’s volumes list trading a total of 10.7 million shares and was followed by jkh and tess agro which traded 1.8 million and 1.43 million shares respectively the major contribution to turn over also came from dialog which pumped in 234 million rupees while jkh and touchwood followed foreign purchases for the day was recorded at million while foreign sales amounted to million rupees card 1

494.4 246.5

both indices ended the day marginally lower. the all share came down by 5.9 points to 2,608.83 while the milanka lost 3.27 points to close at 3,518.97 turn over was tagged at 656.5 million rupees card 2 the day’s gainers were led by bogala graphite, lankem ceylon, blue diamonds non voting, gestetner and reefcomber card3 while the losers list was topped by seylan merchant non voting, lake house printers, pegasus hotels, hotel services and cit card 4 vidullanka plc announced a capitalization of reserves forex rates card 5 card 6 thanks for joining us today, up next is the ford supermodel of sri lanka reality show, so don’t go away!

SEGMENT: DATE: REPORTER: SLUG:

MAIN 30/10/07 NK SHELL

SHELL GAS SAYS THEY WILL INCREASE THE PRICE OF A 12.5 KG DOMESTIC GAS CYLINDER BY 15 RUPEES. CARD: PRICE OF SHELL GAS DOMESTIC CYLINDER GOES UP BY RS. 15 WHEN CONTACTED THE FINANCE DIRECTOR OF SHELL GAS, REMOR SALDIN SAID ACCORDINGLY THE NEW PRICE WILL BE 1313 RUPEES. THE PRICE REVISION IS EFFECTIVE FROM MID NIGHT TOMORROW. MEANWHILE, WHEN CONTACTED THE CHAIRMAN OF LAUGFS GAS W. K. H. WEGAPITIYA SAID THEY HAVE STILL NOT TAKEN A DECISION ON A PRICE HIKE. A 12.5 KG CYLINDER OF LAUGHS GAS IS SOLD AT 1248 RUPEES. READ ON.

SEGMENT: DATE: REPORTER: SLUG:

CORPORATE 30/10/07 NK LOLC

LANKA ORIX LEASING COMPANY, A LEADING FINANCIAL SERVICE PROVIDER IN SRI LANKA, ENTERED INTO AN AGREEMENT WITH LANKA IOC UNDER WHICH they WILL BE ALLOWED TO SET UP SERVICE CENTERS across ALL LIOC FILLING STATIONS AROUND THE ISLAND. THE DOCUMENTS PERTAINING TO THE AGREEMENT WERE SIGNED IN COLOMBO YESTERDAY. ROLL VTR ‘BUSINESS PARTNERSHIP’ LOLC to set up service centers at all 153 filling stations SUPERS Ishara Nanayakkara Deputy Chairman - LOLC K. Ramakrishnan MD – LIOC IN: OUT:

VOICE OVER – LOLC LANKA ORIX LEASING COMPANY WILL INITIALLY SET UP THEIR SERVICE CENTERS AT FIVE LANKA IOC FILLING STATIONS IN MORAWAKA, DEBERAWEWA, BALANGODA, VAVUNIYA AND TRINCOMALEE. LOLC SERVICE CENTERS AT THOSE LOCATIONS WILL COME IN TO OPERATION FROM THE END OF NOVEMBER AND SERVICE CENTERS WILL BE GRADUALLY SET UP IN ALL FILLING STATIONS OF LANKA IOC. LOLC BELIEVES THIS NEW INITIATIVE WILL HELP THEM REACH OUT TO THE RURAL MASSES AND DELIVER A BETTER SERVICE TO THEIR CUSTOMERS. 23.32 – 24.05 Reach is utmost important to micro and agro finance and lanka ioc has come forward to support us by providing facilities to open service centers at all ioc fuel stations in the island. With 23 branches and 25,000 micro entrepreneurs, the network of lioc our reach will be truly significant. This will speed up our journey and take us towards our objectives faster. LIOC WHICH IS A SUBSIDIARY OF THE INDIAN OIL CORPORATION IS THE ONLY PRIVATE OIL COMPANY OPERATING IN SRI LANKA. IT HOLDS ONE THIRD OF THE STATE STORAGE AND TERMINAL LIMITED.

OWNED

CEYLON

PETROLEUM

SOUND UP: RAMA - 14.54 – 15.10 Within an arms reach of the people u have a leasing company, u have a finance company. Its just not u buy petrol or diesel u can get access to these basic services, which are very truly useful to the people. ENDS/

SLUG: REPORTER: DATE: SEGMENT:

MAIN RAVI 30/10/2007 BANDU –VTR

THE MINISTER OF TRADE AND CONSUMER AFFAIRS SAYS THAT CERTAIN AMENDMENTS WILL BE MADE TO THE CONSUMER AUTHORITY ACT NO 9 OF 2003. THESE AMENDMENTS WILL BE PRESENTED TO PARLIAMENT ON THE 7TH OF NEXT MONTH. THIS WAS REVEALED AT A MEDIA BRIEFING HELD TODAY TO ANNOUNCE THE APPOINTMENT OF THE NEW MEMBERS TO THE CONSUMER AFFAIRS AUTHORITY. ROLL VTR Bandula Gunawardena – Minister Trade and Consumer Affairs ‘NEW FACES’ The CAA has 26 members

VOICE OVER –BANDU– 30/10 – RAVI FORMER COMMISSIONER GENERAL OF PRISONS AND THE FORMER MAGISTRATE OF WATTALA, RUMY MARSHOOQ WAS APPOINTED AS THE CHAIRMAN OF THE CAA TODAY. HE SUCCEEDS SARATH WIJESINGHE WHO RESIGNED FROM POSITION LAST MONTH FOLLOWING A SUPREME COURT ORDER.

HIS

25 NEW BOARD MEMBERS WERE ALSO APPOINTED AS THE TENURE OF THE PREVIOUS CAA BOARD ENDED THIS YEAR. SPEAKING TODAY MINISTER BANDULA GUNAWARDENA REVEALED THAT THE CAA ACT WILL BE AMENDED SO THAT IT MAY WIELD THE POWER TO IMPOSE AN INTERIM ORDER TO HALT THE SELLING OF GOODS WHEN PRICES ARE INCREASED WITHOUT THE APPROVAL OF THE CAA. AT PRESENT THE ACT ONLY ALLOWS THE CAA TO SUE THE COMPANY. THE MINISTER ALSO SAID THAT THE AUTHORITY WILL NEED TO POSSESS MORE COMMAND IN FUTURE DUE THE VARIOUS CHALLENGES ANTICIPATED WITH REGARD TO THE PRICES OF COMMODITIES. VC – BANDU 30:42 RECENTLY THE PRICES OF MILK POWDER AND WHEAT FLOUR HAVE SEEN AN UNPRECEDENTED INCREASE. 31:00 ++ 30:03 ESPECIALLY IN FUTURE THERE WILL BE A CRISIS WITH REGARD TO THE PRICES OF COMMODITIES. 30:14 END

SEGMENT: DATE: REPORTER: EDITOR: SLUG:

BUDGET 30TH OCTOBER 2007 RIYAD R. ANOUK T. NCE

AGAINST THE CURRENT MACRO ECONOMIC CONDITIONS, EXPORTERS FIND THEMSELVES UP AGAINST A WALL DUE TO THE LONG PENDING VAT REFUNDS OWED TO THEM BY THE GOVERNMENT. PRESIDENT OF THE NATIONAL CHAMBER RAJAPAKSA STATED THAT THE NCE IS TREASURY ISSUE CERTIFICATES WHICH CAN COMMERCIAL PAPERS AGAINST THE PENDING EXPORTERS.

OF EXPORTERS D. K. PROPOSING THAT THE BE USED AS TRADABLE VAT PAYMENTS OWED TO

HE MADE THIS COMMENT WHILE SHARING HIS EXPECTATIONS AHEAD OF THE UPCOMING BUDGET. ROLL VTR ‘BUDGET EXPECTATIONS’ D. K. Rajapaksa President – NCE IN: OUT:

SEGMENT: CORPORATE DATE: 30TH OCT 07 REPORTER: ANOUK SLUG: FUN RUN IT’S TIME TO LACE UP THOSE SHOES AND GULP DOWN THOSE ENERGY DRINKS, AS THE HILTON COLOMBO RESIDENCE STRETCH AND STRIDE 2007 FUN RUN GETS UNDERWAY FOR THE 5TH CONSECUTIVE YEAR. THE FUN RUN WILL KICK OFF ON THE 18TH OF NEXT MONTH AND IS OPEN TO THE PUBLIC. SRI LANKA TELECOM MOBITEL IS THE MAIN SPONSOR OF THE EVENT. ROLL VTR SUPER Peter Simson General Manager Hilton Colombo Residence TAG ‘FUN RUN’

VOICE OVER/ 30TH OCT 07/ FUN RUN/ ANOUK THE EVENTS THAT ARE PART OF THIS YEAR’S STRETCH AND STRIDE FUN RUN INCLUDE THE MEN’S OPEN, THE WOMEN’S OPEN, BOYS UNDER 15 YEARS, MEN’S OVER 45 YEARS, WOMEN’S OVER 45 YEARS AND GIRLS UNDER 15 YEARS. THE TOP THREE WINNERS IN EACH CATEGORY WILL BE AWARDED. ORGANIZERS EXPECT OVER 250 PARTICIPANTS FOR THE EVENT WHICH BEGINS AT 9 AM ON THE 18TH OF NOVEMBER. (6:50) IT WILL BE SPLIT INTO TWO GROUPS, THE CHILDREN’S GROUP, IN OTHER WORDS THE UNDER 15 GROUP AND WE WILL THEN HAVE THE OVER 15, WHICH WILL BE THE MORE ADULT ROUTE AND THEN THERE WILL BE A SEGMENT WITHIN THE ADULT GROUP WHICH IS THE OVER 45’S (7:12) THE ADULT ROUTE WILL BE APPROXIMATELY 6 KM WHILE THE UNDER 15 ROUTE WILL BE AROUND 3 KM. APPLICATIONS ARE AVAILABLE AT THE JAIC HILTON SPORTS CENTER AND WILL BE ACCEPTED UNTIL 6 PM ON THE 16TH OF NOVEMBER. THE ENTRY FEE IS 400 RUPEES PER PERSON. ENDS/

STOX TRADING AT THE CSE WAS ON A DOWNWARD TREND THROUGHOUT THE DAY AND ENDED IN THE RED. INTEREST WAS SEEN ON SEVERAL BLUE CHIP COUNTERS. THE LONE CROSSING FOR THE DAY TOOK PLACE ON DIALOG AS 9.99 MILLION SHARES CHANGED HANDS AT 23 AND A HALF DIALOG TOPPED THE DAY’S VOLUMES LIST TRADING A TOTAL OF 10.7 MILLION SHARES AND WAS FOLLOWED BY JKH AND TESS AGRO WHICH TRADED 1.8 MILLION AND 1.43 MILLION SHARES RESPECTIVELY THE MAJOR CONTRIBUTION TO TURN OVER ALSO CAME FROM DIALOG WHICH PUMPED IN 234 MILLION RUPEES WHILE JKH AND TOUCHWOOD FOLLOWED FOREIGN PURCHASES FOR THE DAY WAS RECORDED AT MILLION WHILE FOREIGN SALES AMOUNTED TO MILLION RUPEES

494.4 246.5

CARD 1 BOTH INDICES ENDED THE DAY MARGINALLY LOWER. THE ALL SHARE CAME DOWN BY 5.9 POINTS TO 2,608.83 WHILE THE MILANKA LOST 3.27 POINTS TO CLOSE AT 3,518.97 TURN OVER WAS TAGGED AT 656.5 MILLION RUPEES CARD 2 THE DAY’S GAINERS WERE LED BY BOGALA GRAPHITE, LANKEM CEYLON, BLUE DIAMONDS NON VOTING, GESTETNER AND REEFCOMBER CARD3 WHILE THE LOSERS LIST WAS TOPPED BY SEYLAN MERCHANT NON VOTING, LAKE HOUSE PRINTERS, PEGASUS HOTELS, HOTEL SERVICES AND CIT CARD 4 VIDULLANKA PLC ANNOUNCED A CAPITALIZATION OF RESERVES FOREX RATES CARD 5 CARD 6 THANKS FOR JOINING US TODAY, UP NEXT IS THE FORD SUPERMODEL OF SRI LANKA REALITY SHOW, SO DON’T GO AWAY!

SEGMENT: DATE: REPORTER: SLUG:

MAIN 30 / 11 / 2007 CHAMINDA BRIBERY – VTR

THE COMMISSION TO INVESTIGATE ALLEGATIONS OF BRIBERY OR CORRUPTION SAYS, INADEQUATE STAFF AND TECHNICAL KNOW-HOW IS KEEPING THE COMMISSION FROM OPERATING EFFECTIVELY. THE COMMISSION’S TOP OFFICIALS IN A RARE MEDIA APPEARANCE THIS MORNING STATED THAT THEY HAVE INFORMED THE AUTHORITIES OF THIS ISSUE, BUT IT HAS NOT BEEN ADDRESSED AS YET. ROLL VTR Piyasena Ranasinghe – Director General Prevention of Bribery and Corruption Commission to investigate Bribery or Corruption SSP Neville Guruge – Director Investigations Commission to investigate Bribery or Corruption BRIBERY & CORRUPTION Investigations in to cope Findings underway Complaint on “MIG Deal” under investigation Most of the “MIG Deal” investigation complete

VOICE OVER – BRIBERY –CHAMINDA -30 / 11 SPEAKING FURTHER THE OFFICIALS STATED THAT ONE OF THE MAIN ISSUES THEY ARE FACING IS THE LACK OF INDEPENDENT INVESTIGATORS SPECIALLY ASSIGNED TO THE COMMISSION. CURRENTLY ALL INVESTIGATORS ARE ATTACHED TO THE POLICE DEPARTMENT WHILE ACCORDING TO THE COMMISSION, IRONICALLY MOST OF THE COMPLAINTS IT RECEIVED THIS YEAR WERE AGAINST POLICE OFFICERS. 25.35 WE NEED A MULTIDISCIPLINARY TEAM TO INVESTIGATE CORRUPTION ISSUES, WE HAVE ONLY POLICE OFFICERS, THEY ARE NOT CONVERSANT AND TECHNICALLY CAPABLE TO INVESTIGATE ON SOME CORRUPTION MATTERS. 25.57 SO WE NEED INDEPENDENT INVESTIGATION STAFF26.00 I AM NOT CRITICIZING OR FIND FAULT WITH THESE OFFICERS, SOMETIMES THEY HAVE TO INVESTIGATE HIGH RANKING POLICE OFFICERS, POLITICIANS, SO SOMETIMES THEY MAY BE RELUCTANT TO DO SO26.20 THE INVESTIGATION UNIT OF THE COMMISSION IS CURRENTLY OPERATING WITH A STAFF SHORTAGE AND A LACK OF TECHNICAL KNOW-HOW. 29.08 I HAVE SUGGESTED TO RECRUITS SOME EXPERTISE TO THE COMMISSION, SUCH AS VALUERS, QUANTITY SURVEYORS, ACCOUNTANTS, THEY SHOULD BE IN THE INVESTIGATIVE DIVISION, THEY MUST ASSIST US. 29.27 ++ 28.21 WE ALSO HAVE SOME PROBLEMS WHEN WE INQUIRE INTO FINANCIAL MATTERS, PROCUREMENT MATTERS 28.42 HE SAYS CURRENTLY AN INVESTIGATION OFFICER HANDLES 30 TO 40 FILES CAUSING DELAYS IN THE INVESTIGATIONS INTO BRIBERY AND CORRUPTION COMPLAINTS. IT IS IN THIS BACKDROP THE NUMBER OF COMPLAINTS ON CORRUPTION IS SEEN ON AN UPWARD TREND THIS YEAR. SO FAR THE COMMISSION HAS RECEIVED 549 COMPLAINTS ON CORRUPTION CHARGES, AN INCREASE FROM THE 401 COMPLAINTS LAST YEAR.

ENDS.

SEGMENT:MAIN AIRED:30TH OCT SHOT: REPORTER:NISHANI SLUG: DIALOG DIALOG TELEKOM PLC ISSUED AN OVERVIEW OF ITS FINANCIAL PERFORMANCE FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2007 TODAY. THE COMPANY HAS RECORDED A PROFIT AFTER TAX OF RS. 7.98 BILLION RUPEES UP 7% RELATIVE TO THE NINE MONTHS ENDED 30 SEPTEMBER 2006. DIALOG’S TOTAL OPERATING REVENUE ROSE BY 24% TO 23.03 BILLION RUPEES DURING THE SAME TIME PERIOD DRIVEN BY THE ROBUST GROWTH OF ITS SUBSCRIBER BASE BY 40% TO 3.96 MILLION FROM THE CORRESPONDING PERIOD LAST YEAR. THE GROUP RESULTS OF DIALOG TELEKOM PLC, POST CONSOLIDATION WITH SUBSIDIARY PERFORMANCE, RECORDED A PROFIT AFTER TAX OF 7.3 BILLION RUPEES FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2007. THIS REPRESENTS A DROP BY 3% RELATIVE TO THE NINE MONTHS ENDED 30 SEPTEMBER 2006, DUE MAINLY TO A NEGATIVE CONTRIBUTION OF 542.56 MN RUPEES FROM THE RECENTLY OPERATIONALISED SUBSIDIARY DIALOG TELEVISION (PVT) LTD KNOWN AS(DTV) READ ON..