31st Oct 07

ATTN: MR: CHANDIMA UDABAGE RUNDOWN THE STATE OF BUSINESS – 31ST OCT, 2007 CCPI

VTR

RIYAD

INVESTMENT

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RAVI

CEB

FLASH

NILANTHA

VTR

RIYAD

ADD BUDGET BRIDGE AUTO

ADD DEALING ROOM BRIDGE MURRAY @ NDB T-BILLS ADD STATE OF BUSINESS BRIDGE UNDP

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NISHANI

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NILANTHA

01.20

ANOUK

01.15

ADD CORPORATE BRIDGE SEYLAN FUN RUN

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BREAK 2 – ADD STATE OF BUSINESS BRIDGE STOCK

CARDS

01.15

CURRENCY

CARDS

00.15

LINE UP EDITOR ANCHOR

ANOUK/ NISHANI RAVI

HEADLINES 1. INFLATION UP BY 2. BUDGET BOON- INCENTIVES PROMISED TO GEM AND JEWELRY TRADERS

NOW WE JOIN MURRAY FROM NDB BANK FOR A LOOK AT TREASURY OPERATIONS THIS WEEK. UP NEXT ARE THE PRIMARY MARKET T-BILL AUCTION RATES FOR THIS WEEK

SEGMENT: DATE: REPORTER: SEGMENT:

MAIN 31/10/07 NK LOCAL

THE SPECIAL INVESTIGATIONS BRANCH OF THE CEYLON ELECTRICITY BOARD HAS INTENSIFIED ITS OPERATIONS TO APPREHEND FRAUDULENT ELECTRICITY CONSUMERS IN THE ISLAND. ROLL VISUALS THE MANAGER OF THE BRANCH D. L. KARUNASENA SAID THE BRANCH RECOVERS AROUND 12 MILLION RUPEES MONTHLY THROUGH FINES FROM FRAUDULENT ELECTRICITY CONSUMERS. MEANWHILE, THE CEB PLANS TO INTRODUCE ELECTRONIC METERS FOR DOMESTIC AND BUSINESS CONSUMERS REPLACING THE EXISTING ELECTRICAL METERS. THE CEB BELIEVES CONSUMPTIONS.

IT

WOULD

MINIMIZE

FRAUDULENT

POWER AND ENERGY MINISTER W.D.J. SENEVIRATNE MADE REVELATIONS AT A FUNCTION HELD AT THE MINISTRY TODAY. READ ON..

POWER THESE

SLUG: REPORTER: DATE: SEGMENT:

MAIN RAVI 31/10/2007 INVESTMENTS – VTR

MINISTER OF ENTERPRISE DEVELOPMENT AND INVESTMENT PROMOTION DR. SARATH AMUNUGAMA SAYS THAT THE GOVERNMENT WILL BE HANDING OUT SEVERAL INCENTIVES TO DIAMOND, GEM AND JEWELRY TRADERS IN THE UPCOMING BUDGET. HE SAYS THAT THIS TRADE AND SEVERAL OTHER INDUSTRIES SUCH AS I.T., SHIP REPAIRS AND SHIP BUILDING CAN REACH THE 1 BILLION DOLLAR TARGET SHORTLY. HE MADE THESE COMMENTS AT AN EVENT ORGANIZED BY AETURNUM IN COLOMBO TODAY TO MARK ITS ONE YEAR OF OPERATIONS IN SRI LANKA. ROLL VTR Dr. Sarath Amunugama – Minister Enterprise Development and Investment Promotion Rajat Bhakhri Chief Executive Officer Aeturnum Inc. ‘Investment Promotion’

VOICE OVER –INVESTMENTS– 31/10 – RAVI AETURNUM IS A US BASED SOFTWARE DEVELOPMENT AND IT CONSULTING SERVICES COMPANY WITH 48 IT ENGINEERS IN ITS BRANCH IN SRI LANKA. AETURNUM SAYS THAT IT WOULD DOUBLE THE INVESTMENT IN SRI LANKA IN 3 YEARS TIME. VC - RAJAT 18:05 WITH THE AMERICAN PERSPECTIVE I THINK U WILL SEE LOT MORE INVESTMENTS COMING THIS WAY. WE’VE HAD CLIENTS WHO ASKED Y SL? 18:16 + 18:25 I COULD GIVE U EXAMPLES OF THE PROJECTS WE DID IN INDIA AND HERE. WHEN WE COMPARE THE PRODUCTS AND TECHNICAL EXPERTISE AND THE COMMITMENT OF THE TEAM, THAT TOLD US WE HAVE TO MOVE TO COLOMBO. 18:50 SPEAKING HERE DR. SARATH AMUNUGAMA SAID THAT THE GOVERNMENT IS ALSO LOOKING AT DEVELOPING OTHER INDUSTRIES TO ACHIEVE THE 1 BILLION DOLLAR MARK. VC - AMUNUGAMA 03:36 GEMS AND JEWELERY AND PARTICULARLY IN THE DIAMOND CUTTING AND EXPORTING TRADE, I FEEL WE CAN EASILY GO UP TO 1 BN DOLLARS. 03:49 ++ 04:03 THE COMING BUDGET WILL BE GIVING MANY INCENTIVES FOR THE DEVELOPMENT OF JEM AND JEWELRY, PARTICULARLY IN BLUE SAPPHIRES WHICH WE ARE BEST IN. 04:25 THE MINISTER ALSO SAID THAT THE SHIP REPAIRS AND SHIP BUILDING INDUSTRY IN THE COUNTRY WILL ALSO SEE AN IMPROVEMENT WITH THE HAMBANTOTA DEVELOPMENT PROJECT. HE SAID THAT THE GOVERNMENT ENTERED INTO A FINANCIAL AGREEMENT WITH THE EXIM BANK OF CHINA YESTERDAY IN THIS REGARD. 85 PERCENT OF THE PORT WHICH WILL COST 360 MILLION RUPEES WILL BE FUNDED BY THE CHINESE GOVERNMENT IN THE FORM OF AID. END

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/

SEGMENT: DATE: REPORTER: SLUG:

CORPORATE 31/10/07 NK SEYLAN – VTR

SEYLAN BANK, ONE OF THE LARGEST VISA CARD ISSUING BANKS IN SRI LANKA HAS JOINED HANDS WITH DIALOG TELECOM AND NDB BANK TO OFFER ‘eZ PAY’ – A MOBILE COMMERCE CONCEPT. THE M-COMMERCE CARDHOLDERS TO TRANSACTIONS USING THE DIALOG TELECOM

FACILITY WILL EMPOWER SEYLAN VISA CARRYOUT A VARIETY OF ELECTRONIC THEIR MOBILE PHONES FROM ANYWHERE WITHIN NETWORK.

ROLL VTR ‘eZ PAY’ 600,000 Seylan card holders will benefit from this offer IN: OUT:

VOICE OVER – SEYLAN REGARDED AS SOUTH ASIA’S FIRST MOBILE COMMERCE INITIATIVE, THE NEW SERVICE WILL ALLOW SEYLAN VISA CARD HOLDERS TO PURCHASE GOODS, PAY BILLS, TRANSFER MONEY AND PERFORM BANKING TRANSACTIONS VIA THEIR MOBILE PHONES. THE THREE PARTIES INVOLVED IN THE PARTNERSHIP, SEYLAN BANK, DIALOG TELECOM AND NDB BANK SIGNED THE RELEVANT AGREEMENT IN COLOMBO RECENTLY. ‘eZ PAY’ FACILITATES THREE FREQUENTLY USED TYPES – m PAYMENT, m BANKING AND m TRANSFER.

TRANSACTION

THE OTHER UNIQUE FEATURE OF THIS AGREEMENT IS SEYLAN BANK BEING PART OF A TIE UP BETWEEN THE CEYLINCO GROUP AND ITS OTHER GROUP COMPANIES – THE FINANCE COMPANY, CEYLINCO SAVINGS BANK AND SEYLAN MERCHANT BANK TO ISSUE CO-BRANDED DEBIT CARDS TO THEIR SAVINGS ACCOUNT HOLDERS. THUS THE ‘eZ PAY’ FACILITY IS EXTENDED AUTOMATICALLY TO THOSE ACCOUNT HOLDERS AS WELL. ALL SEYLAN CARD HOLDERS CAN AVAIL THEMSELVES OF THE ‘eZ PAY’ FACILITY BY OBTAINING AN ‘eZ PAY’ ENABLED SIM CARD FROM DIALOG. ENDS/

SEGMENT: DATE: REPORTER: EDITOR: SLUG:

BUDGET 31ST OCTOBER 2007 RIYAD R. ANOUK T. VEHICLE IMPORTERS

THE SIZEABLE IMPORT TAXES AND THE SLUGGISH MACRO ECONOMIC ENVIRONMENT, ALTHOUGH A BURDEN, CANNOT TAKE AWAY VEHICLE LOVERS INTEREST IN THE LATEST CARS. WITH THE 2ND READING OF THE NATIONAL BUDGET JUST A WEEK AWAY WE SPOKE TO SENAKA AMARASIGHE, CHAIRMAN OF THE CEYLON MOTOR TRADERS ASSOCIATION ON THE PROPOSALS THAT HAVE BEEN FORWARDED TO THE TREASURY BY HIS ASSOCIATION. ROLL VTR

SEGMENT:MAIN AIRED:31ST OCT SHOT:31ST OCT REPORTER:NISHANI SLUG:UNDP WHILE ASIA HAS GROWN RAPIDLY AT 7 PERCENT EACH YEAR OVER THE LAST DECADE, IT STILL CONTAINS A STAGGERING 60 PERCENT OF THE WORLD’S POOR. IT IS IN THIS LIGHT THAT THE UNPD HELD A CONFERENCE IN COLOMBO WHICH FEATURED TWENTY OUTSTANDING AND REPLICABLE EXAMPLES OF POVERTY REDUCTION FROM OVER 15 COUNTRIES ACROSS ASIA AND ELSEWHERE INCLUDING SRI LANKA. ROLL VTR Super Omar Noman Chief – Policies and Programmes UNDP Gamini P. Batuwitage CEO/Project Director Community Development & Livelihood Improvement Project

STOX ANALYSTS SAY THE MARKET WAS POSITIVE THROUGHOUT THE DAY WITH INTEREST SHIFTING TO FUNDAMENTALLY STRONG COUNTERS ON THE BACK OF GOOD FINANCIAL RESULTS FROM MAJOR BLUE CHIP COMPANIES. JKH SAW TWO CROSSINGS TODAY OF 267,700 SHARES AND 92,500 SHARES AT 130 RUPEES. DIALOG EXPERIENCED A CROSSING OF 9.99 MILLION SHARES AT 23 RUPEES AND 50 CENTS. 140,000 SHARES OF SAMPATH BANK ALSO CHANGED HANDS AT 117 RUPEES. DIALOG TRADED THE HIGHEST VOLUMES OF 10.12 MILLION SHARES TODAY BEING THE MAIN CONTRIBUTOR TO TURNOVER OF 237.9 MILLION RUPEES. FOREIGN BUYING WAS AT 354.03 MILLION WHILE FOREIGN SELLING WAS AT 247.81 MILLION. THE ALL SHARE GAINED 6.40 POINTS TO END THE DAY AT 2,615.23 WHILE THE MILANKA ALSO PICKED UP 10.62 POINTS CLOSING ON 3,529.59. TURNOVER WAS AT 513.9 MILLION RUPEES. THE DAY’S MAIN GAINERS WERE SINGALANKA, SEYLAN MERCHANT NON VOTING, COLONIAL MOTORS, ELPITIYA AND ASSOCIATED HOTELS. THE LOSERS WERE LED BY UDAPUSSELLAWA, BLUE DIAMONDS NON VOTING, LANKA CERAMIC, PARQUET AND BLUE DIAMONDS NORMAL SHARES. LET’S TAKE A LOOK AT THE DAY’S FOREX RATES!