5th Nov

ATTN: MR: CHANDIMA UDABAGE RUNDOWN THE STATE OF BUSINESS – 5th November, 2007 GLASS

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NILANTHA

TEA AUCTION

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CHAMINDA

FITCH

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CHAMINDA

MODEL NETWORK

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RAVI

BREAK 1- ADD STATE OF BUSINESS BRIDGE ADD BUDGET BRIDGE BUDGET

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RIYAD

ADD CORPORATE BRIDGE VANGUARD

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LASHINI

BREAK 2 – ADD STATE OF BUSINESS BRIDGE STOCK

CARDS

CURRENCY

CARDS

LINE UP EDITOR ANCHOR

NISHANI RAVI

HEADLINES 1. SHARE HOLDERS GREEN LIGHT CEYLON GLASS’ RIGHTS ISSUE, AND 2. TEA TRADERS SELECT MILLENNIUM I.T. TO AUTOMATE THE TEA AUCTION 1.SLUG:GLASS–VTR CEYLON GLASS COMPANY – THE COUNTRY’S PREMIER GLASS PRODUCER SAYS THAT ITS SHARE HOLDERS APPROVED A RIGHTS ISSUE AT AN EXTRAORDINARY GENERAL MEETING TODAY. COMPANY’S MANAGEMENT SAYS THE RIGHTS ISSUE IS AIMED AT RAISING 752 MILLION RUPEES TO PARTLY FUND THE 3.7 BILLION RUPEE INVESTMENT TO RELOCATE ITS MANUFACTURING FACILITY IN HORANA. FURTHER DETAILS IN THIS REGARD WERE REVEALED BY THE MANAGEMENT IN AN INTERVIEW TODAY. ROLL VTR 2.SLUG:TEA AUCTION–VTR MILLENNIUM INFORMATION TECHNOLOGIES HAS BEEN SELECTED BY THE COLOMBO TEA TRADERS ASSOCIATION TO AUTOMATE THE CENTURY OLD COLOMBO TEA AUCTION. THE TEA TRADERS ASSOCIATION SAYS THIS 100 MILLION RUPEE INITIATIVE IS EXPECTED TO REDUCE AUCTION TIME AS WELL AS THE COST OF THE PROCESS. THIS LATEST INITIATIVE IS TAKEN BY THE ASSOCIATION AMIDST CONCERNS RAISED BY MANY PARTIES. ROLL VTR

3.SLUG:FITCH-VTR FITCH RATINGS TODAY AFFIRMED LANKA ORIX FINANCE COMPANY LIMITED’S NATIONAL LONG TERM RATING AT BBB PLUS LANKA WITH A STABLE OUTLOOK BUT CAUTIONED THAT THE COMPANY’S ASSET QUALITY MAY BE PUT TO TEST GIVEN THE CURRENT ECONOMIC SLOWDOWN. HOWEVER THE RATING AGENCY EXPECTS THE COMPANY TO CONTINUE TO COMPARE FAVORABLY AGAINST THE SECTOR, GIVEN ITS PARENT COMPANY LANKA ORIX LEASING’S RELATIVELY STRONG CREDIT RISK MANAGEMENT FRAMEWORK. CARD IN APART FROM THIS, FITCH ALSO EXPECTS ORIX FINANCE COMPANY’S PROFITABILITY TO REDUCE DURING THE FINANCIAL YEAR 2008 FROM ITS PRESENT HIGH, DUE TO INCREASED COST OF FUNDS AND TAXATION. HOWEVER LANKA ORIX HAS BEEN EXPANDING INCEPTION RECORDING AN ANNUAL COMPOUNDED PERCENT DURING 2003 - 2007 FINANCIAL YEARS.

RAPIDLY SINCE GROWTH OF 130

LOAN DEPOSIT GROWTH OF THE COMPANY HAS BEEN AT 46 PERCENT DURING 2007 FINANCIAL YEAR – STRONG, IN COMPARISON TO SECTOR DEPOSIT GROWTH RATES OF 21 PERCENT IN THE SAME YEAR. READ ON … 4.SLUG:MODEL NETWORK–VTR OLIVIA MAJOR WAS CROWNED THE FORD SUPER MODEL OF SRI LANKA 2007, TO TAKE THE RUNWAY AT THE FORD SUPER MODEL OF THE WORLD COMPETITION IN NEW YORK NEXT YEAR. SHE WAS CROWNED DURING A GLITTERING EVENT HELD LAST NIGHT AT THE CINNAMON GRAND HOTEL COLOMBO. FORD SUPER MODEL OF SRI LANKA IS THE SERIES OFFERED TO ITS VIEWERS BY ART TV. ROLL VTR BREAK

FIRST

REALITY

TV

5.SLUG:BUDGET-VTR WITH THE NATIONAL BUDGET LESS THAN JUST 2 DAYS AWAY, OUR CAMERAS HIT THE STREETS TO GATHER THE THOUGHTS AND EXPECTATIONS OF THE PUBLIC, ON THE 2008 BUDGET. ROLL VTR CORPORATE 6.SLUG:VANGUARD–VTR THE UK BASED INTERNATIONAL RETAIL CONSULTING FIRM SHOPWORKS IS NOW READY TO OFFER THEIR SERVICES TO LOCAL RETAIL MARKETERS TO ATTRACT MORE CUSTOMERS AND INCREASE SALES. SHOPWORK LAUNCHED THEIR SERVICES IN SRI LANKA RECENTLY WITH THEIR LOCAL AFFILIATE, VANGUARD MANAGEMENT SERVICES PRIVATE LIMITED. THE TWO PARTIES COLOMBO. ROLL VTR BREAK

ANNOUNCED

THEIR

AFFILIATION

RECENTLY

IN

STOX TRADING AT THE CSE OPENED THE WEEK POSITIVE BUT CLOSED WITH BOTH INDICES MARGINALLY LOW. ACCORDING TO ANALYSTS ACTIVITY REMAINED LOW WHILE RETAILERS DROVE TRADING. TWO CROSSINGS TOOK PLACE FOR THE DAY. DIALOG SAW 500,000 SHARES CHANGE HANDS AT 24 RUPEES WHILE 101,000 SHARES OF HEMAS MOVED AT 100 RUPEES. CEYLON GLASS TRADED THE HIGHEST VOLUME OF 4.96 MILLION FOR THE DAY AND WAS FOLLOWED BY JKH AND CEYLINCO SEYLAN DEVELOPERS TURN OVER WAS TOPPED BY JKH WHICH CONTRIBUTED 119 MILLION RUPEES WHILE TOUCH WOOD AND DISTILLERIES FOLLOWED. FOREIGN BUYING FOR THE DAY WAS AT 194.68 MILLION RUPEES AND FOREIGN SALES AT 18.4 MILLION CARD 1 THE ALL SHARE LOST 12.36 POINTS TO CLOSE AT 2,631.88 WHILE THE MILANKA SLIPPED 20.96 POINTS TO END THE DAY AT 3,537.77 TURN OVER WAS AT 383.9 MILLION RUPEES CARD 2 THE DAY’S TOP GAINERS WERE ARPICO, ASIAN ALLIANCE, COCO LANKA, COMMERCIAL LEASING AND BROWNS BEACH CARD 3 WHILE ON’ALLY, TESS AGRO, EQUITY, SEYLAN MERCHANT AND CONAISSANCE TOPPED THE LOSERS LIST CARD 4 CEYLON GLASS MADE A 5 FOR 7 RIGHTS ISSUE FOR THE DAY COMING UP ARE THE FOREX RATES

SEGMENT DATE REPORTER SLUG

: : : :

MAIN 05/11/07 LASHINI VANGUARD – VTR

THE UK BASED INTERNATIONAL RETAIL CONSULTING FIRM SHOPWORKS IS NOW READY TO OFFER THEIR SERVICES TO LOCAL RETAIL MARKETERS TO ATTRACT MORE CUSTOMERS AND INCREASE SALES. SHOPWORK LAUNCHED THEIR SERVICES IN SRI LANKA RECENTLY WITH THEIR LOCAL AFFILIATE, VANGUARD MANAGEMENT SERVICES PRIVATE LIMITED. THE TWO PARTIES COLOMBO.

ANNOUNCED

THEIR

AFFILIATION

ROLL VTR INFO TAGS: ‘VANGUARD – SHOPWORKS’ Offers retail planning and design services Shopwork clients include Tesco, Wal-Mart, Boots, Coca-cola, Swarovski SUPERS: Craig Phillipson Managing Director Shopworks UK Lakshman Bandaranayake Managing Director / Chief Executive Vanguard Management Services (Pvt.) Ltd.

RECENTLY

IN

VOICE OVER – LASHINI – 05/11/07 – VANGUARD - VTR SHOPWORKS’ MARKETING SERVICES RANGE FROM RETAIL PLANNING AND DESIGN, CONSUMER RESEARCH RELATING TO RETAIL ENVIRONMENT, CATEGORY MANAGEMENT AND IMPLEMENTATION AND PERFORMANCE TRACKING. UNDER RETAIL PLANNING AND DESIGN SHOPWORKS WILL DESIGN RETAIL OUTLETS WITH PROVEN PRINCIPLES OF PLANNING TO ATTRACT MORE CUSTOMERS TO THE SHOP. CRAIG PHILLIPSON, THE MANAGING DIRECTOR OF SHOPWORKS-UK SAID THAT THE COMPANY’S EXPERTISE IS BASED ON FEEDBACK GAINED FROM WORKING WITH SEVERAL MAJOR BRANDS THROUGHOUT THE WORLD. 16:30 For example where ever you are, people shop at 60 degrees. That’s your arc of vision. Doesn’t matter where you are from in the world that’s what you are going to see. People only ever tern at 45 degrees.16:40 So if there’s something in their way they’ll swing 45 degrees and then change back. They’ll never turn back on themselves 16:48 And probably even more importantly people will only buy things in 1.2 meter of their journey through the shop. What we call that is exposing products to the danger of being sold 17: 00:33 WE ARE BRINGING FOR THE FIRST TIME IN SRI LANKA A BROAD RANGE OF RETAIL CONSULTANCY SERVICES TO THE RETAILERS AND MANUFACTURERS. A KIND OF SERVICES WE NEVER HAD IN THIS COUNTRY BEROE. 00:49 ENDS.

dub 1. Due to the high price of petrol no one is hiring 3 wheelers. Most of us used to earn Rs. 800-900 a day but now only make half that amount. Cost of living is unbearable, so we are asking the relevant authorities to give the small man some relief. 2. We are daily wage earners. So as poor people, their should be some relief given to us through the upcoming budget. 3. We like to see the price of our daily food items to come down especially milk. 5. Prices of all items has gone up, if the prices decrease that’s really good. 6. Food prices have become unbelievable. 7. I believe the President will support businesses. Business is good for me, but I want the food prices to come down, because these prices are too high, how ever much we earn is not good enough. 8. I’m a pensioner, so I can’t expect a job or salary increments. So we expect relief to come through consumer items. 9. Not only us, everyone expects food prices to come down, because a lot of people have economic difficulties.

SEGMENT: DATE: REPORTER: SLUG:

MAIN 05 / 11 / 2007 CHAMINDA TEA AUCTION – VTR

MILLENNIUM INFORMATION TECHNOLOGIES HAS BEEN SELECTED BY THE COLOMBO TEA TRADERS ASSOCIATION TO AUTOMATE THE CENTURY OLD COLOMBO TEA AUCTION. THE TEA TRADERS ASSOCIATION SAYS THIS 100 MILLION RUPEE INITIATIVE IS EXPECTED TO REDUCE AUCTION TIME AS WELL AS THE COST OF THE PROCESS. THIS LATEST INITIATIVE IS TAKEN BY THE ASSOCIATION AMIDST CONCERNS RAISED BY MANY PARTIES. ROLL VTR AUTOMATED TEA AUCTION Tea Catalogue, pre auction and actual sales stage will be Automated Funds from international donors Buyers / Brokers / Auction will be electronically linked

VOICE OVER – TEA AUCTION – 05 / 11 - 2007 THE PROCESS WILL INCLUDE THE AUTOMATION OF TEA CATALOGUES PRE AUCTION STAGE AND THE POST AUCTION STAGE. HOWEVER THE TEA TRADERS ASSOCIATION PLANS TO REFRAIN FROM AUTOMATING THE ACTUAL SALES STAGE AS IT IS STILL BEING DEBATED OVER. THE FIRST STAGE WILL BE THE AUTOMATION OF THE “TEA CATALOG”, VIA WHICH BUYERS WILL ELECTRONICALLY RECEIVE THE AVAILABLE LIST OF TEAS FOR THE WEEKLY AUCTION. THUS BOTH THE BUYER AND THE BROKER WILL BE ABLE TO EVALUATE THE AVAILABLE TEAS VIA AN E-CATALOGUE. AT PRESENT, BUYERS AND BROKERS PHYSICALLY TASTE, GRADE AND EVALUATE UP TO 12,000 DIFFERENT LOTS OF TEA DURING THE WEEK PRECEDING THE AUCTION. UNDER THE POST AUCTION TRANSACTIONS THAT TOOK PROCESSED IN REAL TIME BUYER’S PURCHASE FOR THEIR

STAGE DOCUMENTS PERTAINING TO PLACE AT AN AUCTION WILL BE INCLUDING INFORMATION ON EACH OVERSEAS CLIENTS.

TEA TRADERS ASSOCIATION BELIEVES AUTOMATION WILL TRIM DOWN AUCTION TIME FROM 2 DAYS TO ONE DAY AND REDUCE THE NUMBER OF AUCTION ROOMS FROM 3 TO 2. ENDS.

SEGMENT: DATE: REPORTER: EDITOR: SLUG:

BUDGET NOVEMBER 5TH 2007 RIYAD R. NISHANI THE PEOPLE

WITH THE NATIONAL BUDGET LESS THAN 2 DAYS AWAY, WE TOOK TO THE STREETS TO GATHER THE THOUGHTS AND ASPIRATIONS OF THE PUBLIC, ON BUDGET 2008.

SEGMENT:MAIN AIRED:5TH NOV SHOT:5TH NOV REPORTER:NISHANI SLUG:ORIX MEANWHILE FITCH RATINGS LANKA TODAY ALSO AFFIRMED THE A LANKA NATIONAL RATING OF LANKA ORIX LEASING COMPANY PLC. THE OUTLOOK ON THE RATING REMAINS STABLE. LOLC’S RATING REFLECTS ITS RELATIVELY STRONG FINANCIAL PROFILE AND ITS ESTABLISHED CUSTOMER FRANCHISE IN THE LEASING INDUSTRY. HOWEVER FITCH STATES THAT ITS RATING IS CONSTRAINS BY THE LACK OF DIVERSITY IN LOLC’S FUNDING AVENUES. THE NET GROWTH IN LOLC'S OVERALL LOAN PORTFOLIO WAS HIGH DURING THE TWELVE-MONTHS WHICH ENDED ON THE 31 MARCH 2007. IT OUTPACED THE SPECIALIZED LEASING COMPANY SECTOR DURING THE SAME PERIOD. LOLC'S YEAR ON YEAR GROWTH AT 31 MARCH 2007 WAS HIGH AT 40.3% COMPARED TO AN AVERAGE GROWTH RATE OF AROUND 16% FOR THE SECTOR. LOAN GROWTH CONTINUED AT A HIGH ANNUALIZED PACE OF 33.8 PERCENT IN THE FIRST QUARTER OF 2008. LOLC'S GROSS NON-PERFORMING LOANS INCREASED TO 2.8% AND 5.5% AT FINANCIAL YEAR 2007 AND THE FIRST QUARTER OF 2008 RESPECTIVELY, FROM THE 1.7% AT FINANCIAL YEAR 2006. HOWEVER LOLC'S GROSS NPL RATIO REMAINS LOWER THAN THAT OF ITS PEERS, LARGELY DUE TO THE COMPANY'S YEAR END WRITE OFF POLICY OF NPLS IN ARREARS FOR OVER 24 MONTHS, SUPPORTED BY ITS STRONG COLLECTION EFFORTS. FITCH OBSERVES THAT THE COMPANY WILL HAVE TO CONTINUE TO AGGRESSIVELY MONITOR ITS ASSET QUALITY IN TANDEM WITH LOAN GROWTH, IN THE CURRENT WEAK MACROECONOMIC ENVIRONMENT. READ ON….

CARD 1 FITCH RATINGS LANKA AFFIRMED THE A LANKA NATIONAL RATING OF LANKA ORIX LEASING COMPANY PLC. THE OUTLOOK ON THE RATING REMAINS STABLE. CARD 2 LOLC'S YEAR ON YEAR GROWTH AT 31 MARCH 2007 (FY07) WAS HIGH AT 40.3% COMPARED TO AVERAGE SECTOR GROWTH RATE OF AROUND 16%. CARD 3 LOLC'S GROSS NON-PERFORMING LOANS INCREASED TO 2.8% IN FY07 AND 5.5% IN Q108

SEGMENT DATE REPORTER SLUG

: : : :

MAIN 05 / 11 RAVI FORD SUPER MODEL – VTR

OLIVIA MAJOR WAS CROWNED THE FORD SUPER MODEL OF SRI LANKA 2007, TO TAKE RUNWAY AT THE FORD SUPER MODEL OF THE WORLD COMPETITION IN NEW YORK NEXT YEAR. SHE WAS CROWNED DURING A GLITTERING EVENT HELD LAST NIGHT AT THE CINNAMON GRAND HOTEL COLOMBO. FORD SUPER MODEL OF SRI LANKA IS THE SERIES OFFERED TO ITS VIEWERS BY ART TV.

FIRST

REALITY

ROLL VTR Paul James Managing Director The Model Network Olivia Major - Winner Ford Super Model of the World Sri Lanka Ishanka Madurusinghe – Runner-up Ford Super Model of the World Sri Lanka Aarthi Jayawardena – 2nd Runner-up Ford Super Model of the World Sri Lanka Iris Minier Director Ford Super Model of the World FORD SUPER MODEL Ford Models Inc. is an internationally renowned modelling agency

TV

VOICE OVER – FORD SUPER MODEL – 05 /11 – RAVI NAT SOUND MUSIC MODELS WALKING THE FORD SUPER MODEL OF THE WORLD SRI LANKA COMPLETION WAS HELD FOR THE FIRST TIME, ORGANIZED BY THE MODEL NETWORK IN COLLABORATION WITH ART TV. THE GRAND FINALE OF THIS EXITING REALITY SHOW WHICH GOT UNDERWAY LAST EVENING SAW AN OVERWHELMING ATTENDANCE AND WAS COLORED BY THE 6 OF THE SELECTED BEST CONTESTANTS COMPETING AT AN INTENSE PACE. THE FORD SUPER MODEL OF SRI LANKA, OLIVIA MAJOR WILL FLY TO NEW YORK IN JANUARY NEXT YEAR TO COMPETE WITH 55 MODELS FROM AROUND THE WORLD. THE WINNER OF THE FORD SUPER MODEL OF THE WORLD CONTEST WILL BE OFFERED A CONTRACT WORTH 250,000 US DOLLARS WITH THE FORD MODEL AGENCY IN NEW YORK. ISHANKA MADURUSINGHE WAS AWARDED THE FIRST RUNNER UP WHILE AARTHI JAYAWARDENA EMERGED THE 2ND RUNNER UP. VC – OLIVIA 05:45 I CANT THINK OF ANYTHING I’M CLUELESS, I’M SO HAPPY. I WAS SO DETERMINED TO DO IT. I GAVE IT EVERY THING I COULD. I HOPE IT ALL TURNS OUT WELL. 05:57 ++ 06:00 MY FAMILY, FRIENDS, MODEL NETWORK FOR MAKING ME INTO THIS TODAY. ESPECIALLY MY FAMILY WHO WERE REALLY DETERMINED FOR ME TO DO THIS 06:13 VC – 2ND (SUBTITLES) 06:55 + 07:30 I thought I would win. But because this was my first time I’m very happy about it. 07:46

Vc – 3rd 08:06 IT’S BEEN AWESOME. IT’S WHAT WE’VE BEEN PRACTICING AND SPENDING ALL OUR 2 MONTHS. OS IT’S BEEN AN AWESOME EXPERIENCE. 08:20 NEARLY 1000 APPLICATIONS WERE RECEIVED FOR THE INITIAL ROUND FROM ALL OVER THE ISLAND OUT OF WHICH 12 FINALISTS WERE PERSONALLY SELECTED BY FORD INCORPORATION, NEW YORK. THE CONTESTANTS UNDERWENT 2 MONTHS OF PROFESSIONAL MODELING TRAINING OF INTERNATIONAL STANDARD BY THE MODEL NETWORK. SPEAKING ON THE POTENTIAL SEEN IN SRI LANKAN CONTESTANTS THE DIRECTOR OF FORD SUPER MODEL OF THE YEAR COMPETITION HAD THIS TO SAY. VC - IRIS 28:34 I’M SO HAPPY WE STARTED SUPER MODEL IN SRI LANKA. FORWARD FOR IT TO BE A BIGGER COUNTRY SEARCH NEXT ARE GOING TO SEE MORE GIRLS. AND ONE DAY YOU GUYS A SUPER STAR WALKING IN RUN WAYS OF PARIS, MILANO YORK. 09:02

LOOKING YEAR. WE WILL HAVE AND NEW

THE MANAGING DIRECTOR OF THE MODEL NETWORK PAUL JAMES SAID THAT PLANS ARE ALREADY LAID FOR THE FORD SUPER MODEL 2008 WITH MORE ADDITIONS. VC - PAUL 00:14 WE’VE SEEN THESE GIRLS SO MANY TIMES BUT TODAY THEY WERE AMAZING. THE REACTION WE HAD IS MORE THAN WE EXPECTED REALLY. 00:30 ++ 00:45 WE ARE ALREADY PLANNING 2008. WE ARE ALSO LOOKING AT HAVING MALE AND FEMALE. SO LOOKING FORWARD FOR THAT NOW. 00:58 END… WITH NAT SOUNDS MAKE SURE YOU CATCH THE EXITING MOMENTS OF THE FORD SUPER MODEL SRI LANKA REALITY SHOW ON TUESDAYS AND THURSDAYS AT 8.30 P.M ON ART TV. END.

SEGMENT:

MAIN

DATE:

05 / 11 / 2007

REPORTER: CHAMINDA SLUG:

LANKA ORIX - VTR

FITCH RATINGS TODAY AFFIRMED LANKA ORIX FINANCE COMPANY LIMITED’S NATIONAL LONG TERM RATING AT BBB PLUS LANKA WITH A STABLE OUTLOOK BUT CAUTIONED THAT THE COMPANY’S ASSET QUALITY MAY BE PUT TO TEST GIVEN THE CURRENT ECONOMIC SLOWDOWN. HOWEVER THE RATING AGENCY EXPECTS THE COMPANY TO CONTINUE TO COMPARE FAVORABLY AGAINST THE SECTOR, GIVEN ITS PARENT COMPANY LANKA ORIX LEASING’S RELATIVELY STRONG CREDIT RISK MANAGEMENT FRAMEWORK. APART FROM THIS, FITCH ALSO EXPECTS ORIX FINANCE COMPANY’S PROFITABILITY TO REDUCE DURING THE FINANCIAL YEAR 2008 FROM ITS PRESENT HIGH, DUE TO INCREASED COST OF FUNDS AND TAXATION. HOWEVER LANKA ORIX HAS BEEN EXPANDING INCEPTION RECORDING AN ANNUAL COMPOUNDED PERCENT DURING 2003 - 2007 FINANCIAL YEARS.

RAPIDLY SINCE GROWTH OF 130

LOAN DEPOSIT GROWTH OF THE COMPANY HAS BEEN AT 46 PERCENT DURING 2007 FINANCIAL YEAR – STRONG, IN COMPARISON TO SECTOR DEPOSIT GROWTH RATES OF 21 PERCENT IN THE SAME YEAR. THE COMPANY’S ASSET QUALITY DECLINED TO 4.5 PERCENT IN FINANCIAL YEAR 2007 AND COMPARED FAVORABLY AGAINST THE SECTOR AVERAGE OF 11.7% AT FYE07. READ ON …

FITCH AFFIRMS LANKA ORIX FINANCE COMPANY’S BBB+ (LKA) RATING - Profitability will reduce during 2008 - Company has been expanding at an compounded annual growth of 130% since FY 2003 - Loan deposit growth has been at 46% in 2007 - Asset quality declined to 4.5 % during FY 2007

SEGMENT: DATE: REPORTER: SLUG:

MAIN 05/11/07 NK GLASS – VTR

CEYLON GLASS COMPANY – THE COUNTRY’S PREMIER GLASS PRODUCER SAYS THAT ITS SHARE HOLDERS APPROVED A RIGHTS ISSUE AT AN EXTRAORDINARY GENERAL MEETING TODAY. COMPANY’S MANAGEMENT SAYS THE RIGHTS ISSUE IS AIMED AT RAISING 752 MILLION RUPEES TO PARTLY FUND THE 3.7 BILLION RUPEE INVESTMENT TO RELOCATE ITS MANUFACTURING FACILITY IN HORANA. IN AN INTERVIEW TODAY THE COMPANY MANAGEMENT EXPLAINED MORE DETAILS ROLL VTR TAG ‘RIGHTS ISSUE’ CGC invests 3.7 bn for Horana Manufacturing facility CGC’S turnover in FY 2005-06:1.60 Bn Sanjay Tiwari - Managing Director Ceylon Glass Company Vijay Shah – Chairman Ceylon Glass Company IN: OUT:

VOICE OVER – GLASS CEYLON GLASS COMPANY IS CURRENTLY THE MARKET LEADER IN GLASS MAKING IN SRI LANKA WITH OVER 90% MARKET SHARE. NOW THE COMPANY PLANS TO RELOCATE ITS PRODUCTION FACILITY IN HORANA WITH A TOTAL INVESTMENT OF 3.7 BILLION RUPEES. TIWARI: SOUND UP THE MANAGEMENT ALSO BELIEVES THE NEW FACILITY WHICH WILL BE OPENED IN DECEMBER WOULD DOUBLE THE COMPANY’S EXPORTS. SHAH: SOUND UP

STOX TRADING AT THE CSE OPENED THE WEEK POSITIVE BUT CLOSED WITH BOTH INDICES MARGINALLY LOW. ACCORDING TO ANALYSTS ACTIVITY REMAINED LOW WHILE RETAILERS DROVE TRADING. TWO CROSSINGS TOOK PLACE FOR THE DAY. DIALOG SAW 500,000 SHARES CHANGE HANDS AT 24 RUPEES WHILE 101,000 SHARES OF HEMAS MOVED AT 100 RUPEES. CEYLON GLASS TRADED THE HIGHEST VOLUME OF 4.96 MILLION FOR THE DAY AND WAS FOLLOWED BY JKH AND CEYLINCO SEYLAN DEVELOPERS TURN OVER WAS TOPPED BY JKH WHICH CONTRIBUTED 119 MILLION RUPEES WHILE TOUCH WOOD AND DISTILLERIES FOLLWED. FOREIGN BUYING FOR THE DAY WAS AT 194.68 MILLION RUPEES AND FOREIGN SALES AT 18.4 MILLION CARD 1 THE ALL SHARE LOST 12.36 POINTS TO CLOSE AT 2,631.88 WHILE THE MILANKA SLIPPED 20.96 POINTS TO END THE DAY AT 3,537.77 TURN OVER WAS AT 383.9 MILLION RUPEES CARD 2 THE DAY’S TOP GAINERS WERE ARPICO, ASIAN ALLIANCE, COCO LANKA, COMMERCIAL LEASING AND BROWNS BEACH CARD 3 WHILE ON’ALLY, TESS AGRO, EQUITY, SEYLAN MERCHANT AND CONAISSANCE TOPPED THE LOSERS LIST CARD 4 CEYLON GLASS