30-01-2009.

All share index ended the day 13.70 points lower at 1821.24 while MPI was down heavily by 47.20 points & closed at 1964.98.

Today’s heavily traded stock Dialog Telekom (11 379 100 shares) closed 50 cents lower at Rs 5.50. JKH & Sri Lanka Telecom was down by Rs. 2.75 & 75 cents respectively to close at Rs 66.00 & 37.50.

Total market turnover for the day was Rs 300.9 million.

Announcements

PROPERTY DEVELOPMENT PLC – DIVIDEND

Company ID:- PDLDate of Announcement:- 30.Jan.2009 Rate of Dividend:- Rs.2.00 per share-First and Final DividendFinancial Year:- 2008 Date to be notified

AMALGAMATION OF CEYLINCO FINANCE PLC & ASIAN FINANCE LTD – Ceylinco Finance PLC

The company informed the following with regard to the above.”We refer to the application made by us in respect of the above and your subsequent approval to list the additional shares arising from the share swap of the proposed amalgamation.We wish to inform you that the Central Bank of Sri Lanka has communicated to us by its letter dated 27th January 2009 to obtain the final approval of the Central Bank Sri Lanka prior to the amalgamation and as such it would not be possible to have the effective date of amalgamation on 29th of January 2009.In the above circumstances the new shares to be allotted to the minority shareholders of Asian Finance Ltd would have to be deferred until the new date of amalgamation. This would be notified to the minority shareholders of Asian Finance Ltd as well.We shall revert back to you no sooner we get a confirmation of the new date from the Central Bank of Sri Lanka.”

TRADING IN LANKA CEMENT PLC’S SHARES

The company informed that The prospects of opening A9 highway in the near future will facilitate the reconstruction of the North as well as the cement factory at Kankasanthurai. This aspect would have had an effect on the trading of LCEM shares.The company has turned around from a loss making establishment to a profit generating entity after the assumption of the new energetic Chairman in January 2008.

PURCHASE OF REMAINING SHARES OF COMMERCIAL LEASING CO. PLC – Lanka Orix Leasing Co. PLC

At a meeting of the Board of Directors on 28th January 2009, it was noted that the shareholders of Commercial Leasing Co. PLC (CLC) had approved the delisting of CLC at an EGM held on 27th January 2009.Accordingly, the Board of Directors resolved that the company offer to purchase the remaining CLC shares from all remaining CLC shareholders, at Rs. 90/= per share, subject to approval being granted by the Securities and Exchange Commission (SEC) for the delisting of CLC from the Colombo Stock Exchange in terms of the Delisting Rules of the SEC.

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