ASSETLINE RESEARCH 1

Beta Values against ASPI

Note: Values are calculated considering the market prices of each share from 01 st July 2009 – 30 th June 2014

Share Code Company Name Beta Bank, Finance & Insurance AAF ASIA ASSET FINANCE PLC 0.890 AAIC ASIAN ALLIANCE INSURANCE PLC 1.011 ABL AMANA BANK LIMITED 4.794 ACAP ASIA CAPITAL PLC 0.583 AFSL ABANS FINANCE PLC 1.666 ALLI ALLIANCE FINANCE COMPANY PLC 0.637 AMF ASSOCIATED MOTOR FINANCE COMPANY PLC 1.410 ARPI ARPICO FINANCE COMPANY PLC 0.846 ATL AMANA TAKAFUL PLC 0.954 BLI BIMPUTH FINANCE PLC 0.767 CALF CAPITAL ALLIANCE FINANCE PLC 1.000 CDB CITIZENS DEVELOPMENT BUSINESS FINANCE PLC 0.837 CDIC N D B CAPITAL HOLDINGS PLC 1.241 CFIN CENTRAL FINANCE COMPANY PLC 0.655 CFL CHILAW FINANCE PLC 1.085 CFVF FIRST CAPITAL HOLDINGS PLC 0.761 CIFL CENTRAL INVESTMENTS & FINANCE PLC 0.560 CINS CEYLINCO INSURANCE PLC 1.515 CLC COMMERCIAL LEASING & FINANCE PLC 0.942 COCR COMMERCIAL CREDIT AND FINANCE PLC 0.307 COMB COMMERCIAL BANK OF CEYLON PLC 1.206 CRL SOFTLOGIC FINANCE PLC 0.820 CSF NATION LANKA FINANCE PLC 0.553 CTCE A I A INSURANCE LANKA PLC 1.569 DFCC DFCC BANK 0.902 ESL ENTRUST SECURITIES PLC 0.642 GSF GEORGE STEUART FINANCE PLC 9.977 HASU HNB ASSURANCE PLC 1.200 HDFC THE HOUSING DEVELOPMENT FINANCE 0.566 HNB HATTON NATIONAL BANK PLC 1.142

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 2

JINS JANASHAKTHI INSURANCE COMPANY PLC 1.426 LFIN LB FINANCE PLC 0.636 LOFC LANKA ORIX FINANCE PLC 0.827 LOLC LANKA ORIX LEASING COMPANY PLC 0.394 LVEN LANKA VENTURES PLC 0.823 MBSL MERCHANT BANK OF SRI LANKA PLC 0.629 MFL MULTI FINANCE PLC 0.580 NDB NATIONAL DEVELOPMENT BANK PLC 1.062 NIFL BRAC LANKA FINANCE PLC 0.798 NTB NATIONS TRUST BANK PLC 0.941 NTB NATIONS TRUST BANK PLC 0.941 ORIN ORIENT FINANCE PLC 3.576 PABC PAN ASIA BANKING CORPORATION PLC 0.799 PLC PEOPLE'S LEASING & FINANCE PLC 1.170 PMB PEOPLE`S MERCHANT FINANCE PLC 1.458 SAMP PLC 0.826 SCAP SOFTLOGIC CAPITAL PLC 0.835 SDB SANASA DEVELOPMENT BANK PLC 1.750 SEMB SMB LEASING PLC 0.544 SEYB SEYLAN BANK PLC 1.076 SFCL SENKADAGALA FINANCE PLC -0.693 SFIN SINGER FINANCE (LANKA) PLC 1.075 SFL SINHAPUTHRA FINANCE PLC 1.810 SFS SWARNAMAHAL FINANCIAL SERVICES PLC -1.994 TFC THE FINANCE COMPANY PLC 0.444 TFIL TRADE FINANCE & INVESTMENTS PLC 0.868 UAL UNION ASSURANCE PLC 0.981 UBC UNION BANK OF COLOMBO PLC 1.176 VFIN VALLIBEL FINANCE PLC 0.517 Beverage, Food and Tobacco BFL BAIRAHA FARMS PLC 0.390 BREW CEYLON BEVERAGE HOLDINGS PLC 0.795 CARG CARGILLS (CEYLON) PLC 0.845 CCS CEYLON COLD STORES PLC 0.935 COCO RENUKA SHAW WALLACE PLC 0.938 CTC CEYLON TOBACCO COMPANY PLC 2.038

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 3

CTEA CEYLON TEA SERVICES PLC 1.478 DIST DISTILLERIES COMPANY OF SRI LANKA PLC 1.033 HARI HARISCHANDRA MILLS PLC 5.025 HVA HVA FOODS PLC 0.673 KFP KEELLS FOOD PRODUCTS PLC 0.677 LAMB KOTMALE HOLDINGS PLC 1.045 LION THE LION BREWERY CEYLON PLC 1.556 LMF LANKA MILK FOODS (CWE) PLC 0.951 NEST NESTLE LANKA PLC 4.793 RAL RENUKA AGRI FOODS PLC 1.083 RWSL RAIGAM WAYAMBA SALTERNS PLC 1.336 SOY CONVENIENCE FOODS (LANKA )PLC 1.277 TAFL THREE ACRE FARMS PLC 0.383 TSML TEA SMALLHOLDER FACTORIES PLC 0.803 Chemicals and Pharmaceuticals ASPH INDUSTRIAL ASPHALTS (CEYLON) PLC 1.166 CHMX CHEMANEX PLC 0.932 CIC CIC HOLDINGS PLC 0.732 HAYC HAYCARB PLC 1.207 LCEY LANKEM CEYLON PLC 0.430 MORI J.L. MORISON SONS & JONES (CEYLON) PLC 0.719 MULL MULLER AND PHIPPS (CEYLON) PLC 0.681 PCP PC PHARMA PLC 2.055 SING STANDARD CAPITAL PLC 0.577 UCAR UNION CHEMICALS LANKA PLC 1.872 Construction and Engineering AEL ACCESS ENGINEERING PLC 1.392 DOCK COLOMBO DOCKYARD PLC 1.132 KAPI MTD WALKERS PLC 0.563 LDEV LANKEM DEVELOPMENTS PLC 0.564 Diversified Holdings BIL BROWNS INVESTMENTS PLC 0.975 CARS CARSON CUMBERBATCH PLC 0.778 CFLB THE COLOMBO LAND & BUILDING PLC 0.552 CSEC DUNAMIS CAPITAL PLC 1.016 CTHR C T HOLDINGS PLC 0.650

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 4

EXPO EXPOLANKA HOLDINGS PLC 1.264 FLCH F L C HOLDINGS PLC 0.839 HAYL PLC 1.693 HHL HEMAS HOLDINGS PLC 0.990 JFIN FINLAYS COLOMBO PLC 1.582 JKH JOHN KEELLS HOLDINGS PLC 1.166 PCHH PCH HOLDINGS PLC 3.939 RICH RICHARD PIERIS AND COMPANY PLC 0.483 SHL SOFTLOGIC HOLDINGS PLC 1.033 SPEN AITKEN SPENCE PLC 0.745 SUN SUNSHINE HOLDINGS PLC 1.191 TAP TAPROBANE HOLDINGS PLC 0.767 VONE VALLIBEL ONE PLC 0.876 Footwear and Textile CLPL CEYLON LEATHER PRODUCTS PLC 1.612 KURU KURUWITA TEXTILE MILLS PLC 2.448 MGT HAYLEYS MGT KNITTING MILLS PLC 0.764 ODEL ODEL PLC 1.038 Health Care AMSL ASIRI SURGICAL HOSPITAL PLC 3.802 ASIR ASIRI HOSPITAL HOLDINGS PLC 1.488 CHL CEYLON HOSPITALS PLC (DURDANS) 1.940 LHCL THE LANKA HOSPITAL CORPORATION PLC 0.958 NHL NAWALOKA HOSPITALS PLC 1.377 Hotels and Travels AHPL ASIAN HOTELS & PROPERTIES PLC 1.022 AHUN AITKEN SPENCE HOTEL HOLDINGS PLC 0.769 ALHP ANILANA HOTELS AND PROPERTIES LIMITED -7.959 BBH BROWNS BEACH HOTELS PLC 0.828 BERU BERUWALA RESORTS PLC 1.421 BINN BERUWELA WALK INN PLC 1.215 CHOT CEYLON HOTELS CORPORATION PLC 0.825 CITH HIKKADUWA BEACH RESORT PLC 2.013 CITK KALPITIYA BEACH RESORT PLC 0.633 CITW WASKADUWA BEACH RESORT PLC 1.115 CONN AMAYA LEISURE PLC 0.937

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 5

EDEN EDEN HOTEL LANKA PLC 0.852 GHLL GALADARI HOTELS (LANKA) PLC 0.789 HSIG HOTEL SIGIRIYA PLC 1.516 HUNA HUNAS FALLS HOTELS PLC 1.362 KHC KANDY HOTELS COMPANY (1938) PLC 1.507 KHL JOHN KEELLS HOTELS PLC 1.079 LHL THE LIGHTHOUSE HOTEL PLC 2.171 MARA MARAWILA RESORTS PLC 0.904 MIRA MIRAMAR BEACH HOTEL PLC 1.047 MRH MAHAWELI REACH HOTELS PLC 1.196 NEH THE NUWARA ELIYA HOTELS COMPANY PLC 1.153 PALM PALM GARDEN HOTELS PLC 1.257 PEG PEGASUS HOTELS OF CEYLON PLC 0.694 REEF CITRUS LEISURE PLC 0.307 RENU RENUKA CITY HOTEL PLC 0.950 RFL RAMBODA FALLS PLC 1.509 RHTL THE FORTRESS RESORTS PLC 0.813 RPBH ROYAL PALMS BEACH HOTELS PLC 1.231 SERV PLC 1.289 SHOT SERENDIB HOTELS PLC 1.158 SIGV SIGIRIYA VILLAGE HOTELS PLC 0.933 STAF DOLPHIN HOTELS PLC 0.708 TAJ TAL LANKA HOTELS PLC 0.637 TANG TANGERINE BEACH HOTELS PLC 1.613 TRAN TRANS ASIA HOTELS PLC 1.055 Information Technology ECL E-CHANNELLING PLC 1.735 PCH PC HOUSE PLC 0.635 Investment Trust ASCO ASCOT HOLDINGS PLC 1.942 CFI COLOMBO FORT INVESTMENTS PLC 0.444 CINV CEYLON INVESTMENT PLC 0.539 CIT COLOMBO INVESTMENT TRUST PLC 0.470 GREG LANKA CENTURY INVESTMENTS PLC 0.592 GUAR CEYLON GUARDIAN INVESTMENT TRUST PLC 0.596 RHL RENUKA HOLDINGS PLC 0.487

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 6

SHAW LEE HEDGES PLC 1.880 WAPO GUARDIAN CAPITAL PARTNERS PLC 0.336 Land and Property CABO CARGO BOAT DEVELOPMENT COMPANY PLC 0.728 CHOU CITY HOUSING & REAL ESTATE CO. PLC 0.744 CLND COLOMBO LAND & DEVELOPMENT COMPANY PLC 0.681 COMD COMMERCIAL DEVELOPMENT COMPANY PLC 1.209 CSD SEYLAN DEVELOPMENTS PLC 0.728 CTLD C T LAND DEVELOPMENT PLC 1.065 EAST EAST WEST PROPERTIES PLC 0.768 EQIT EQUITY ONE PLC 0.989 ETWO EQUITY TWO PLC 1.007 HUEJ HUEJAY INTERNATIONAL INVESTMENTS PLC 1.229 IDL SERENDIB ENGINEERING GROUP PLC -1.726 KDL KELSEY DEVELOPMENTS PLC 1.068 MHDL MILLENNIUM HOUSING DEVELOPERS LIMITED -1.080 ONAL ON'ALLY HOLDINGS PLC 1.517 OSEA OVERSEAS REALTY (CEYLON) PLC 2.021 PDL PROPERTY DEVELOPMENT PLC 0.933 SLND SERENDIB LAND PLC 5.591 TWOD TOUCHWOOD INVESTMENTS PLC 1.723 YORK YORK ARCADE HOLDINGS PLC 0.702 Manufacturing ABAN ABANS ELECTRICALS PLC 0.580 ACL ACL CABLES PLC 1.014 ACME ACME PRINTING & PACKAGING PLC 1.548 AGST AGSTAR FERTILIZERS PLC 1.567 ALUF ALUFAB PLC 1.476 APLA ACL PLASTICS PLC 0.747 BLUE BLUE DIAMONDS JEWELLERY WORLDWIDE PLC 0.713 BOGA BOGALA GRAPHITE LANKA PLC 0.568 CARE PRINTCARE PLC 1.362 CERA LANKA CERAMIC PLC 0.846 CIND CENTRAL INDUSTRIES PLC 1.175 DIPD DIPPED PRODUCTS PLC 1.646 DPL DANKOTUWA PORCELAIN PLC 0.446

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 7

GLAS PIRAMAL GLASS CEYLON PLC 1.287 GRAN CEYLON GRAIN ELEVATORS PLC 0.393 HEXP HAYLEYS FIBRE PLC 0.789 KCAB KELANI CABLES PLC 1.285 LALU LANKA ALUMINIUM INDUSTRIES PLC 0.818 LCEM LANKA CEMENT PLC 0.751 LITE LAXAPANA BATTERIES PLC 1.174 LLUB CHEVRON LUBRICANTS LANKA PLC 1.860 LWL LANKA WALLTILES PLC 0.892 OGL ORIENT GARMENTS PLC 1.285 PARQ SWISSTEK (CEYLON) PLC 1.809 RCL ROYAL CERAMICS LANKA PLC 0.723 REG REGNIS(LANKA) PLC 1.470 REXP RICHARD PIERIS EXPORTS PLC 1.208 SIL SAMSON INTERNATIONAL PLC 1.217 SINI SINGER INDUSTRIES (CEYLON) PLC 1.247 SIRA SIERRA CABLES PLC 0.785 SWAD SWADESHI INDUSTRIAL WORKS PLC 2.100 TILE LANKA TILES PLC 1.188 TJL TEXTURED JERSEY LANKA PLC 1.217 TKYO TOKYO CEMENT COMPANY (LANKA) PLC 0.810 TYRE KELANI TYRES PLC 0.654 Motors ASHO LANKA ASHOK LEYLAND PLC 2.270 AUTO THE AUTODROME PLC 0.914 COLO C M HOLDINGS PLC 0.608 DIMO DIESEL & MOTOR ENGINEERING PLC 0.573 SMOT SATHOSA MOTORS PLC 0.858 UML UNITED MOTORS LANKA PLC 0.576 Oil Palms BUKI THE BUKIT DARAH PLC 0.743 GOOD THE GOOD HOPE PLC 0.846 INDO THE INDO MALAY PLC 0.834 SELI SELINSING PLC 0.859 SHAL SHALIMAR (MALAY) PLC 1.095

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 8

Plantation AGAL AGALAWATTE PLANTATIONS PLC 0.748 BALA BALANGODA PLANTATIONS PLC 0.616 BOPL BOGAWANTALAWA TEA ESTATES PLC 0.754 ELPL ELPITIYA PLANTATIONS PLC 0.722 HAPU HAPUGASTENNE PLANTATIONS PLC 1.148 HOPL HORANA PLANTATIONS PLC 0.670 KAHA KAHAWATTE PLANTATIONS PLC 1.947 KGAL KEGALLE PLANTATIONS PLC 0.662 KOTA KOTAGALA PLANTATIONS PLC 0.570 KVAL KELANI VALLEY PLANTATIONS PLC 1.145 MADU MADULSIMA PLANTATIONS PLC 0.690 MAL MALWATTE VALLEY PLANTATIONS PLC 0.598 MASK MASKELIYA PLANTATIONS PLC 0.899 MPRH METROPOLITAN RESOURCE HOLDINGS PLC 1.289 NAMU NAMUNUKULA PLANTATIONS PLC 0.659 TPL TALAWAKELLE TEA ESTATES PLC 0.694 UDPL UDAPUSSELLAWA PLANTATIONS PLC 0.842 WATA WATAWALA PLANTATIONS PLC 0.592 Power and Energy HPFL F L C HYDRO POWER PLC 1.036 HPWR HEMAS POWER PLC 0.975 LGL LAUGFS GAS PLC 0.665 LIOC LANKA IOC PLC 2.705 MEL MACKWOODS ENERGY PLC 1.161 PAP PANASIAN POWER PLC 1.812 VLL VIDULLANKA PLC 0.997 VPEL VALLIBEL POWER ERATHNA PLC 0.941 Services ASIY ASIA SIYAKA COMMODITIES PLC 5.059 CPRT CEYLON PRINTERS PLC 1.194 CTBL CEYLON TEA BROKERS PLC 1.613 JKL JOHN KEELLS PLC 1.360 KZOO KALAMAZOO SYSTEMS PLC 0.850 LPRT LAKE HOUSE PRINTERS AND PUBLISHERS PLC 0.892 MSL MERCANTILE SHIPPING COMPANY PLC 1.201

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.

ASSETLINE RESEARCH 9

PARA PARAGON CEYLON PLC 9.187 Stores and Supplies HUNT HUNTERS & COMPANY PLC 0.660 PHAR COLOMBO CITY HOLDINGS PLC 0.323 GEST GESTETNER OF CEYLON PLC 1.461 EBCR E B CREASY & COMPANY PLC 0.462 Telecommunication DIAL DIALOG AXIATA PLC 1.280 SLTL SRI LANKA TELECOM PLC 1.678

Disclaimer: This document is purely based on information obtained from sources considered to be reliable. However, please note that we do not make any representations and warranties as to its accuracy, completeness or correctness. This document serves only the purpose of information and should not be construed as an offer, or solicitation of an invitation offer, to buy and/or sell any securities. Assetline Securities (Pvt.) Ltd., and/or its respective directors, officers, representatives, employees, related persons cannot be held liable whatsoever for any direct or consequential losses/damages arising from the use of this document or the content therein.