The bourse continues to plunge…

6,000 5,950 The traded day concluded on an adverse sentiment and the 5,900 bourse witnessed yet another inactive trading session 5,850 5,800 directing the indices to drown further into the negative 5,750 5,700 terrain. The bourse was unable to sustain the early market- 5,650 5,600 rally where it touched the 5,700 mark, however as at the 5,550 5,500 closure the benchmark ASPI settled within the red territory . Open Mon Tue Wed Thu Fri at 5,672.64 losing 14.35 points or 0.25%; this was mainly due

to the loses on counters such as LLUB (-1.09%), DIST (-1.13%) ASPI This Week ASPI Last Week and CTC (6.08%) etc. Following a similar pattern the S&P SL20 also closed within the negative territory at 3,177.17,

5,800.00 ASPI dropped losing a minute 0.95 points or 0.03%. 5,780.00 to its Six Month Low 5,672.64 5,760.00 The turnover for the day was recorded as LKR 239.30Mn, 5,740.00 indicating a drop of 50.73% against the previous trading

5,720.00 day. By accounting to more than half of the daily 5,700.00 TB rates closed aggregated turnover , PLC (JKH) 5,680.00 flat, one year TB rate at 10.56% . added LKR 125.64Mn dominating the list; the counter was 5,660.00 predominantly supported by an off-board block worth LKR 5,640.00 5,620.00 92.40Mn, resulted by 440K shares being blocked at price 5,600.00 LKR 210/-. Having traded between a highest traded price of 2-Sep-13 3-Sep-13 4-Sep-13 5-Sep-13 6-Sep-13 LKR 212/- and a low of LKR 209/-, JKH settled at 209.50/- ,

dropping by LKR 1.10/- or 0.52%. PLC (LLUB) stood next in line adding LKR 8.15Mn, closed 3,400 the day at LKR 255/- down by LKR 2.80/- or 1.09%. People's 3,350 Leasing & Finance PLC (PLC) made a contribution of LKR 3,300 3,250 7.47Mn to the daily turnover, and closed the trading day at 3,200 LKR 13.50/- (down by LKR 0.20/- or 1.46%). Under the

3,150 sectorial round-up, Diversified Holdings (DIV) sector topped

3,100 the list providing LKR 133.98Mn, accounting to nearly 56% 3,050 of the day’s total turnover. Bank Finance & Insurance (BFI) Open Mon Tue Wed Thu Fri sector provided LKR 47.77Mn and stood next in line under S&P SL20 This Week S&P SL20 Last week the top subscriber list for the day.

Additionally, the two sectors DIV and BFI collectively made account to nearly 76% of the aggregated turnover for the day. During the day, a total of 21.32Mn shares changed hands resulting in a decrease of 2.91% against the previous trading day. SMB Leasing PLC (SEMB), Central Investments & Finance PLC (CIFL) & Panasian Power PLC

(PAP) secured their position under the top traded counters for the day with 7.40Mn and 4.90Mn and 647K shares respectively being traded. Further, controversial CIFL enjoyed with a speculative rally during the day charting 217 trades out of the total 3,504 trades being recorded for the day; the counter settled the day at its intraday peak of

LKR 0.70/- gain ing a notable LKR 0.30/- or 75%, spearheading the price gainers for the day. Foreign participants appeared to be bearish during the day recording net foreign outflow of LKR 3.38Mn resulted by foreign selling of LKR 108.32Mn and buying of LKR 104.94Mn.The year to date net foreign inflow currently stands at LKR 18.50Bn.

Week at a Glance…

The continued selling pressure across the week slowed the market activities drastically, resulting in vast reductions on both indices. The ASPI dipped by a mega 161.40 points or 2.77% and the S&P SL20 index dropped by 84.16 points or 2.58% during the week. The total turnover for the week was LKR 1.73Bn, supported by 12 off market transactions totaling up to LKR 407.57Mn, making a 23.57% contribution to the weekly turnover. This was a drop of 28.83% compared to the previous week’s turnover.

John Keells Holdings PLC (JKH), one of the largest conglomerates in the island continued to be the top contributor for the weekly turnover subscribing LKR 683.25Mn, supported by 8 off market transactions worth of 293.21Mn hence accounting to 16.96% of the week’s aggregate turnover value. JKH closed the week at LKR 209.50/- down by

LKR 5.50/-. Commercial Bank of Ceylon PLC (COMB) [LKR 177.01Mn] supported by a negotiated deal worth LKR

32.76Mn crossed at LKR 114.70/- and Touchwood Investment PLC (TWOD) [LKR 64.54Mn] stood next to JKH. As at the weekly closure, COMB closed at LKR 114.50/- down by LKR 0.50- and TWOD closed at LKR 1.30/- down by LKR 1.00/-. Further, the aggregated turnover recorded by the top three subscribers made a noteworthy 53.48% contribution to the weekly turnover. Other crossing makers were HASU (LKR 26.13Mn), NEST (LKR 21Mn), and WATA (LKR 34.48Mn) respectively.

The total traded volume for the week was 137.11Mn shares, a decrease of 16.40% against the previous week.

Touchwood Investment PLC (38.50Mn shares), Central Investments & Finance PLC (11Mn shares) & SMB Leasing

PLC (10.43Mn shares) were the top traded counters during the week. Notably, on the Thursday the Securities & Exchange Commission of Sri Lanka (SEC) directed the (CSE) to suspend trading of the listed securities of Touchwood Investments PLC (TWOD) with immediate effect for three (3) days, in order to facilitate the SEC investigations. TWOD which opened the week at LKR 2.20/- fell to its all-time low (LKR 0.90/-) on Tuesday, however as at Thursday the counter settled at LKR 1.30/- losing LKR 0.90/- or 69.23%; this was amidst the announcement published by TWOD stating that the company has already filed an “Affidavit of Opposition” with regard to the petition filed by an stakeholder against TWOD.

During the week Foreign buying of LKR 692.88Mn outpaced the foreign selling of LKR 729.75Mn resulting in net outflow of LKR 36.88Mn. As at the week’s closure, the total market capitalization stood at LKR 2.34Tn, recording a year to date gain of 7.79% and the market PER(X) and PBV(X) stood at 16.13 and 2.15 respectively. With regard to the local FOREX, the USD closed at LKR 134.75/- selling and LKR 131.36/- buying.

Hemas plans to construct luxury resort in Tangalle

During the week, Hemas Holdings PLC (HHL) announced that the company has already finalized plans to construct and operate a luxury five star Resort in Tangalle, scheduled to open in February 2015. The total value of the investment is approx. USD ($) 40Mn and HHL will approximately make a 50% contribution to this investment. As at the weekly closure HHL settled at LKR 31/-, gaining LKR 1/- (+3.33%) from its previous week’s close.

US Senate committee supports the use of force against Syria

A US Senate panel has approved the use of military action in Syria by a vote of 10-7, paving the path for a full senate vote, expected next week. The proposal allows the use of force in Syria for 60 days with the possibility to extend it for 30 days, further it prevents the use of US troops on the ground. During the past weeks the global oil prices (particularly WTI) witnessed volatilities amidst the fears of a possible military strike by the US against Syria. Even though the oil production in Syria (180K barrels per day) is of a tiny proportion as against the worldwide production of oil which amounts to 89Mn barrels per day, the fear remains that the neighboring countries of Syria will get pulled-in to the conflict, whilst resulting in disruptions for the production and transportation of the commodity in the region. As at the weekly closure WTI stood at $108.37 (+1.05%) and Brent stood at $115.26 (+0.30%).

800 90.00 300 60% 700 80.00 250 50% 600 70.00 60.00 200 40% 500 50.00 150 30% 400 40.00 100 20% 300 30.00 50 10% 200 20.00 0 0% 100 10.00 Mon Tue Wed Thu Fri 0 0.00 LKR Mn LKR Mon Tue Wed Thu Fri Mn Foreign Buying Foreign Selling This Week(T/O) Last Week (T/O) This Week (VOL) Last Week (VOL) Foreign Contribution

MARKET STATISTICS For The Week Daily Description POINTS % CHANGE 7-Sep-13 30-Aug-13 Points 7-Sep-13 6-Sep-13 ASPI (161.40) -2.77% 5,672.64 5,834.04 (14.35) 5,672.64 5,686.99 S&P SL20 (84.16) -2.58% 3,177.17 3,261.33 (0.95) 3,177.17 3,178.12 MARKET PER (X) 16.13 16.59 16.13 MARKET PBV (X) 2.15 2.22 2.15 FOREIGN PARTICIPATION CHANGE % CHANGE This Week Last Week % CHANGE 7-Sep-13 6-Sep-13 TOTAL FOREIGN BUYING (82,091,420) -10.59% 692,877,100 774,968,520 -43.78% 104,939,744 186,646,125 TOTAL FOREIGN SELLING 140,848,101 23.92% 729,753,354 588,905,253 -57.36% 108,321,796 254,022,374 TOTAL FOREIGN INFLOW/(OUTFLOW) (222,939,521) -119.82% (36,876,254) 186,063,267 -94.98% (3,382,052) (67,376,249) MARKET TURNOVER & VOLUME CHANGE % CHANGE This Week Last Week % CHANGE 7-Sep-13 6-Sep-13 TOTAL TURNOVER (LKR Mn) (700,506,917) -28.83% 1,729,125,051 2,429,631,968 -50.73% 239,302,509 485,713,036 TOTAL VOLUME (26,893,057) -16.40% 137,108,435 164,001,492 -2.91% 21,319,610 21,957,802 SECTOR STATISTICS PER (x) PBV (x) 7-Sep-13 30-Aug-13 % CHANGE 7-Sep-13 6-Sep-13 BANK FINANCE AND INSURANCE 9.30 1.60 12,377.26 12,599.57 0.53% 12,377.26 12,311.43 BEVERAGE FOOD AND TOBACCO 21.80 6.30 19,499.08 20,351.90 -1.77% 19,499.08 19,850.75 CONSTRUCTION AND ENGINEERING 12.80 1.50 2,629.03 2,691.40 -0.18% 2,629.03 2,633.83 CHEMICALS AND PHARMACEUTICALS 7.50 1.30 6,473.54 6,701.20 1.77% 6,473.54 6,360.64 DIVERSIFIED HOLDINGS 20.70 2.00 1,668.56 1,715.15 -0.44% 1,668.56 1,675.97 HOTELS AND TRAVELS 65.10 3.80 3,117.65 3,155.87 0.32% 3,117.65 3,107.61 HEALTH CARE 24.70 2.40 635.50 649.85 0.43% 635.50 632.77 INVESTMENT TRUSTS 26.40 1.20 16,212.42 16,766.49 0.21% 16,212.42 16,178.32 INFORMATION TECHNOLOGY 8.10 0.70 48.29 49.85 1.17% 48.29 47.73 LAND AND PROPERTY 8.60 0.80 504.40 528.68 -0.08% 504.40 504.79 MANUFACTURING 11.90 1.70 2,694.35 2,884.24 -0.28% 2,694.35 2,701.96 MOTORS 3.60 1.20 14,503.41 14,653.87 0.00% 14,503.41 14,502.80 OIL PALMS 81.30 6.70 94,195.37 95,212.66 1.28% 94,195.37 93,007.29 POWER & ENERGY 14.40 1.40 109.46 112.11 0.19% 109.46 109.25 PLANTATIONS 8.90 0.70 673.00 682.38 -0.05% 673.00 673.36 STORES SUPPLIES 26.50 1.70 19,238.88 21,672.35 -0.28% 19,238.88 19,293.10 SERVICES 8.60 1.70 21,908.14 22,198.67 1.81% 21,908.14 21,517.79 TELECOMMUNICATIONS 14.20 1.40 151.47 155.61 -0.47% 151.47 152.18 TRADING 10.90 1.30 13,658.04 14,198.04 0.34% 13,658.04 13,612.20

MARKET CAPITALISATION COMPANY NAME SYMBOL ISSUED QTY PRICE % (Total) Mkt Capitalization CEYLON TOBACCO COMPANY PLC CTC.N0000 187,323,751 1,116.60 9.55 209,165,700,367 JOHN KEELLS HOLDINGS PLC JKH.N0000 857,921,888 209.40 8.20 179,648,843,347 NESTLE LANKA PLC NEST.N0000 53,725,463 2,008.70 4.93 107,918,337,528 COMMERCIAL BANK OF CEYLON PLC COMB.N0000 794,144,114 114.50 4.15 90,929,501,053 CARSON CUMBERBATCH PLC CARS.N0000 196,386,914 358.00 3.21 70,306,515,212 SRI LANKA TELECOM PLC SLTL.N0000 1,804,860,000 38.50 3.17 69,487,110,000 THE BUKIT DARAH PLC BUKI.N0000 102,000,000 672.50 3.13 68,595,000,000 PLC DIAL.N0000 8,143,778,405 8.10 3.01 65,964,605,080 DISTILLERIES COMPANY OF SRI LANKA PLC DIST.N0000 300,000,000 184.80 2.53 55,440,000,000 PLC HNB.N0000 318,843,561 150.50 2.19 47,985,955,930

HIGHEST VOLUME For The Week On 06th September 2013

COMPANY NAME VOLUME COMPANY NAME TRADES VOLUME TURNOVER (Rs)

TOUCHWOOD INVESTMENT PLC 38,504,241 SMB LEASING PLC 119 7,395,468 4,437,282

CENTRAL INVESTMENTS & FINANCE PLC 10,997,505 CENTRAL INVESTMENTS & FINANCE PLC 217 4,899,001 2,998,787 SMB LEASING PLC 10,433,706 PANASIAN POWER PLC 43 647,433 1,553,849 PANASIAN POWER PLC 6,358,310 JOHN KEELLS HOLDINGS PLC 86 598,350 125,636,829 PCH HOLDINGS LIMITED 6,026,071 PEOPLE'S LEASING & FINANCE PLC 35 549,237 7,467,035 PC HOUSE PLC 5,741,165 NATION LANKA FINANCE PLC 94 481,510 3,015,253 BLUE DIAMONDS JW: PLC (X) 3,398,520 E-CHANNELLING PLC 46 469,005 3,109,291

ASIA SIYAKA COMMODITIES LIMITED 3,339,628 ASIA SIYAKA COMMODITIES PLC 49 426,448 1,279,345

JOHN KEELLS HOLDINGS PLC 3,232,281 UNION BANK OF COLOMBO PLC 81 388,127 6,019,638 WATAWALA PLANTATIONS PLC 2,581,217 SOFTLOGIC HOLDINGS PLC 57 334,550 2,724,223

HIGHEST TURNOVER For The Week On 06th September 2013 COMPANY NAME TURNOVER (Rs) COMPANY NAME TRADES VOLUME TURNOVER (Rs)

JOHN KEELLS HOLDINGS PLC 683,250,672 JOHN KEELLS HOLDINGS PLC 86 598,350 125,636,828.90

COMMERCIAL BANK OF CEYLON PLC 177,010,660 CHEVRON LUBRICANTS LANKA PLC 70 31,962 8,152,955.90 TOUCHWOOD INVESTMENT PLC 64,540,605 PEOPLE'S LEASING & FINANCE PLC 35 549,237 7,467,034.70 CHEVRON LUBRICANTS LANKA PLC 37,953,702 CENTRAL FINANCE COMPANY PLC 17 35,886 6,568,738.00 NATIONAL DEVELOPMENT BANK PLC 36,100,482 UNION BANK OF COLOMBO PLC 81 388,127 6,019,637.50 WATAWALA PLANTATIONS PLC 35,616,942 SMB LEASING PLC 119 7,395,468 4,437,282.30 LIMITED 27,523,251 PLC 38 19,778 3,660,370.00

HNB ASSURANCE PLC 26,696,697 DISTILLERIES COMPANY OF SRI LANKA PLC 21 17,736 3,277,965.20

PEOPLE'S LEASING COMPANY PLC 23,876,550 E-CHANNELLING PLC 46 469,005 3,109,290.80

NESTLE LANKA PLC 23,733,056 DIPPED PRODUCTS PLC 4 31,010 3,101,000.00

TOP GAINERS On 06th September 2013 For The Week CHANGE VWA DAYS VWA CHANGE VWA Week VWA Prv. Week COMPANY COMPANY % CLOSE Prev. Close % Close (Rs.) Close (Rs.)

CIFL 75.00 0.70 0.40 ASIA SIYAKA 25.00 3.00 2.40

MIRAMAR 23.79 51.00 41.20 BERUWELA WALKINN 15.11 80.00 69.50 Trade Share Turnover CompanyCEYLINCO INS.Code 11.83 1,178.10 1,053.50 CEYLINCO INS. 12.20 1,178.10 1,050.00 Vol Vol. (Rs) CEYLON LEATHER [W13] 11.11 1.00 0.90 MERC. SHIPPING 9.47 143.40 131.00 JOHN KEELLS HOLDINGS PLC 7.00 4,542,625 175,552,243.20 BROWNS INVSTMNTS 9.52 2.30 2.10 KAHAWATTE 7.67 32.30 30.00 DISTILLERIES COMPANY PLC 7.00 1,505,084 47,184,230.00 COMMERCIAL BANK PLC 133.00 852,469 35,308,876.40 TOP LOSERS PLC 9.00 773,351 19,634,510.00 On 06th September 2013 For The Week COMMERCIAL BANK PLC(X) 79.00 624,866 13,212,498.20 CHANGE VWA DAYS VWA CHANGE VWA Week VWA Prv. Week DIALOG AXIATACOMPANY PLC 65.00 548,271 12,593,367.40 COMPANY % CLOSE Prev. Close % Close (Rs.) Close (Rs.) ROYAL CERAMICS LANKA PLC 14.00 545,550 10,647,295.00 S M B LEASING [X] (25.00) 0.30 0.40 TOUCHWOOD (TS) (43.48) 1.30 2.30 C T HOLDINGS PLC 8.00 513,512 10,125,000.00 RAMBODA FALLS (10.85) 11.50 12.90 FIRST CAPITAL (20.21) 15.00 18.80 AMANA TAKAFUL PLC 140.00 463,350 9,049,327.50 PCH HOLDINGS (10.00) 0.90 1.00 SERENDIB ENG.GRP (19.83) 95.00 118.50 CARSONS CUMBERBATCH PLC 19.00 338,880 8,669,980.80 FINLAYS COLOMBO (9.89) 252.40 280.10 PCH HOLDINGS (18.18) 0.90 1.10

COMM LEASE & FIN (7.89) 3.50 3.80 TEA SMALLHOLDER (16.99) 38.10 45.90

DATE COMPANY QTY PRICE (Rs) TURNOVER (Rs) 2-Sep-13 JKH 200,000 212.00 42,400,000.00 3-Sep-13 HASU 475,000 55.00 26,125,000.00 3-Sep-13 JKH 100,000 215.00 21,500,000.00

4-Sep-13 NEST 10,000 2,100.00 21,000,000.00

4-Sep-13 JKH 150,833 213.00 32,127,429.00

4-Sep-13 JKH 99,167 213.00 21,122,571.00 5-Sep-13 COMB 285,574 114.70 32,755,337.80 5-Sep-13 JKH 100,000 210.00 21,000,000.00 5-Sep-13 JKH 100,000 210.00 21,000,000.00 5-Sep-13 JKH 198,096 210.30 41,659,588.80 5-Sep-13 WATA 2,462,930 14.00 34,481,020.00 6-Sep-13 JKH 440,000 210.00 92,400,000.00

Dividend Announcements Company Dividned Term XD Date Payment

CSEC 1.00 Interim 11.Sep.2013 23. Sep.2013

ASIY 0.38 First & Final 11.Sep.2013 20. Sep.2013 ASPH 2.00 First & Final 30.Sep.2013 08.Oct.2013 CTLD 1.20 Final 04.Oct.2013 14.Oct.2013

Exchange Rates Indicative Rates 06th September 05th September 06th Sep 05th Sep Currency Currency Buying Selling Buying Selling Ind: Value Ind: Value

Dollar (USA) 131.36 134.75 131.40 134.80 Yuan(China) 21.72 21.74

Pound (UK) 204.49 210.73 204.61 210.86 Rupee(India) 2.01 1.99 Euro (EU) 171.58 177.55 172.50 178.49 Won(Korean) 0.12 0.12 Franc (Sw itzerland) 138.39 143.68 139.29 144.85 Dinar(Kuw ait) 465.06 465.03 Dollar (Canada) 124.53 129.21 124.58 129.27 Ringgit(Malay) 40.13 40.54 Dollar (Australia) 119.14 123.94 119.69 124.51 Rial(Oman) 345.32 345.45 Dollar (Singapore) 102.11 105.81 102.49 106.20 Riyal(Qatar) 36.53 36.52

Yen (Japan) 1.31 1.36 1.31 1.36 Riyal(KSA) 35.45 35.46

Dirham (UAE) 36.20 36.21

Central Bank's Policy Rates

Description Rate (% Per Annum) Central Bank Repurchase (Repo) Rate 7.00 Central Bank Reverse Repurchase (Reverse Repo) Rate 9.00 Bank Rate 15.00 Statutory Reserve Ratio (SRR) 6.00 Treasury Bills AWPLR AWDR

This week Last week This Week Last week This Month Last Month 91 Days 8.61 8.61 Weekly 11.82 11.84 Monthly 10.10 10.43 182 Days 9.64 9.64 Monthly 11.86 11.84 6 Months 10.54 10.61 364 Days 10.56 10.56 6 Months 12.79 13.21 1 Year 12.82 13.36

Colombo Consumers’ Price Index (CCPI)

2013 2012 Description June July August June July August Year on Year Change % 6.80 6.10 6.30 9.30 9.80 9.50 Annual Average Change % 8.60 8.30 8.00 5.80 6.00 6.30

SLIBOR & LIBOR

Description Over Night 7 Days 1 M 3 M 6 M 12 M

SLIBOR (06th September) (%) 8.69 9.06 9.81 10.47 11.23 12.14 LIBOR - GBP (05th September) (%) 0.47875 0.48425 0.49188 0.51588 0.59063 0.88188 LIBOR - USD (05th September) (%) 0.11650 0.14797 0.18190 0.25810 0.39205 0.67510 (CBSL.lk, Global-rates.com,)

16.00 12.00 14.00 12.00 10.00 8.00 10.00 6.00 4.00 2.00 - 8.00

12.00% 16.00 14.00 10.00% 12.00 8.00% 10.00 8.00 6.00% 6.00 4.00% 4.00 2.00 2.00% 0.00 0.00%

2011 2012 2013 3M 6M 12M

Country Foreign Markets- Index 5-Sep-13 % Change 4-Sep-13 % Change 3-Sep-13 USA Dow Jones Indus. AVG 14,937.48 0.04% 14,930.87 0.65% 14,833.96 USA NASDAQ Composite Index 3,658.79 0.27% 3,649.04 1.01% 3,612.61

Europe Euro Stoxx 50 Pr 2,774.20 0.58% 2,758.29 0.18% 2,753.35

UK FTSE 100 6,532.44 0.89% 6,474.74 0.10% 6,468.41 Japan Nikkei 225 14,064.82 0.08% 14,053.87 0.54% 13,978.44 Hong Kong Hang Seng Index 22,597.97 1.22% 22,326.22 -0.31% 22,394.58 China CSI 300 Index 2,341.74 -0.38% 2,350.70 -0.16% 2,354.50

Pakistan Karachi 100 Index 22,451.46 2.63% 21,875.83 0.31% 21,808.48

India BSE Sensex 30 Index 18,979.76 2.22% 18,567.55 1.83% 18,234.66 Singapore Straits Times Index STI 3,039.45 0.80% 3,015.42 -1.29% 3,054.78 Malaysia FTSE Bursa Malaysia EMAS 11,949.75 0.34% 11,909.61 -0.39% 11,955.90 Mongolia MSE Top 20 Index 13,845.45 -0.48% 13,912.29 0.34% 13,865.75 Bloomberg

Rubber Prices - 29 August 2013 World Commodity Prices Grade Price Range (Rs) Commodity 6-Sep-13 5-Sep-13 4-Sep-13 LC No.1X 400.00 - 400.00 Brent Crude Oil 115.26 114.91 115.68

LC No.1 390.00 - 390.00 WTI Crude Oil 108.37 107.23 108.54

LC No.2 370.00 - 372.00 Gold 1,373.10 1,389.90 1,412.00 LC No.3 340.00 - 360.00 Silver 23.21 23.37 24.38 LC No.4 300.00 - 310.00 Copper 3.24 3.24 3.30 SC (Br) No.1 280.00 - 295.00

SC (Br) No.2 275.00 - 275.00

SC (Br) No.3 258.00 - 268.00 Tourist Arrivals to Sri Lanka SC (Br) No.4 250.00 - 260.00 Month 2011 2012 2013 Flat Bark 240.00 - 240.00 January 74,197 85,874 97,411 Skim Crepe 130.00 - 250.00 February 65,797 83,549 93,232

RS Sheet No.1 390.00 - 390.00 March 75,130 91,102 98,155 RS Sheet No.2 385.00 - 385.00 April 63,835 69,591 79,829 RS Sheet No.3 360.00 - 365.00 May 48,943 57,506 70,026 June 53,636 65,245 73,628

Tea Prices July 83,786 90,338 98,944

Elevation Sale No : 34 Sale No : 33 August 72,463 79,456 Uva High 405.24 390.86 September 60,219 71,111 Western High 464.02 434.04 October 69,563 80,379 Uva Medium 421.69 407.63 November 90,889 109,202

Western Medium 407.35 391.01 December 97,517 122,252

Low Grow n 481.08 458.50 Total 855,975 1,005,605 611,225

Vice President – Business Development Manager - Research

Thakshila Hulangamuwa Pasindu Perera [email protected] [email protected] 0094 113070494 0094 112429109

Research Team

Lasantha Senanayake [email protected] 0094 112429129 Anurudhdha Basnayake [email protected] 0094 112429137 Nishantha Warnakulasuriya [email protected] 0094 112429137

Head Office: Southern Region (Matara) Branch Office: Batticaloa # 24-1/3, A, 2nd Floor, E.H. Cooray Tower, #22B Bar Road, Batticaloa, Tel: 065 2228029 Anagarika Dharmapala Mw, Matara. Tel: 041 2235191-6 Branch Office: Jaffna Branch Office: Matara 1st Floor, # 398/1, Hospital Road, Jaffna. Tel: 021 2221614 # 38, Station Road, Matara. Tel. 041 2223940 Branch Office: Vavuniya Branch Office: Negombo 1st Floor, # 60, 1st Cross Street, Vavuniya. Tel: 024 2226031 # 142, Greens Road, Negombo. Tel. 031 2227474 Branch Office: Badulla Branch Office: Gampaha # 33/3, 2nd Floor, Modern Complex, Badulla. # 21, Courts Road, Gampaha. Tel. 033 2234888 Tel: 055 2222009

Branch Office: Kiribathgoda Branch Office: Wellawatte Udeshi City Shopping Complex, 2nd Floor, 2-14, # 3-1/2, Collingwood Place, Colombo 06. Tel: 0112 362939 No. 94, Makola Road, Kiribathgoda. Tel. 011 2908511 Branch Office: Panandura Branch Office: Kurunegala # 465, Galle Road, Panandura. Tel: 038 2234780 No. 6, 1st Floor, Union Assurance Bldg, Rajapihilla Mawatha, Kurunegala. Tel. 037 2234777 Branch Office: Ambalanthota # 153, Tissa Road, Ambalanthota. Tel: 047-2225170 Branch Office: Kandy Ceybank House, # 88, Dalada Vidiya, Kandy. Tel. 081 4474118 Branch Office: Wattala # 118, Negombo Road, Wattala. Tel: 011-2930099 Branch Office: Galle # 16, Sri Dewamittha Mw, Galle. Tel. 091 2233558 Branch Office: Embilipitiya # 61, Sampath Bank Bldg. Main Street, Embilipitiya. Branch Office: Anuradhapura Tel. 047 2261950 # 9, Maithripala Senanayaka Mw, Bank Site, New Town, Anuradhapura. Tel. 025 2234705

This document has been prepared and issued by Asha Phillip Securities Ltd, on the basis of publicly available information, internally developed data and other sources, believed to be reliable. Whilst all responsible care has been taken to ensure that the facts stated are accurate and the opinions given are fair and reasonable neither Asha Phillip Securities Ltd, nor any Director Officer or employee, shall in any way be responsible for the contents. Asha Phillip Securities Ltd may act as a Broker in the investments which are the subject of this document or related investments and may have acted upon or used the information contained in this document, or the research or analysis on which it is based, before its publication. Asha Phillip Securities Ltd., Its Directors, Officers or Employees may also have a position or be otherwise interested in the investments referred to in this document. This is not an offer to sell or buy the investments referred to in this document.