Standard Bank Limited Balance Sheet as at 31st December, 2008 Off Balance Sheet Items as at 31st December, 2008

2008 2007 December 31, 2008 December 31, 2007 PROPERTY & ASSETS Notes Taka Taka Notes Taka Taka CASH: 03 2,406,442,979 1,820,843,740 CONTINGENT LIABILITIES: Cash in Hand (including foreign currencies) 230,201,606 237,595,465 Acceptances and Endorsements 16.1 1,147,009,000 915,878,900 Balance with Bank & Sonali Bank (including Foreign Currencies) 2,176,241,373 1,583,248,275 Letter of Guarantees 16.2 2,024,252,416 1,389,757,639 BALANCE WITH OTHER BANKS AND FINANCIAL INSTITUTIONS:04 647,273,372 860,218,330 Letters of Credit 16.3 9,401,059,656 6,406,137,225 In Bangladesh 13,566,465 502,167,806 Outside Bangladesh 633,706,907 358,050,524 Bills for Collection 16.4 850,193,655 1,093,995,849 MONEY AT CALL AND ON SHORT NOTICE: 05 20,000,000 20,000,000 Other Contingent Liabilities 16.5 175,000 175,000 INVESTMENTS: 06 3,217,697,420 2,013,746,070 Government 2,840,040,611 1,985,461,134 TOTAL: 13,422,689,727 9,805,944,613 Others 377,656,809 28,284,936 LOANS & ADVANCES: 07 27,189,943,132 17,310,869,454 OTHER COMMITMENTS: Loans, Cash Credit & Over Draft etc. 25,970,080,995 16,691,728,646 Documentary credits and short term Bills Discounted and Purchased 1,219,862,137 619,140,808 trade-related transactions – – FIXED ASSETS INCLUDING PREMISES, FURNITURE & FIXTURE 08 115,215,360 94,230,413 OTHER ASSETS: 09 613,827,625 829,256,255 NON-BANKING ASSETS: –– Forward assets purchased and forward TOTAL ASSETS 34,210,399,888 22,949,164,262 deposits placed – – LIABILITIES & CAPITAL Liabilities: Undrawn note issuance and revolving Borrowings from other banks, financial Institutions and agents 10 –– underwriting facilities –– DEPOSITS AND OTHER ACCOUNTS: 11 29,304,739,597 19,213,753,840 Current Accounts & Other Accounts 4,385,574,214 3,172,824,687 Undrawn formal standby facilities, credit Bills Payable 328,982,796 342,716,197 Savings Bank Deposits 1,084,991,328 853,588,369 lines and other commitments –– Short term deposits 1,223,789,619 933,335,467 Fixed Deposits 20,912,175,719 12,965,338,463 Deposits Under Schemes 1,369,225,921 945,950,657 *There is an unrecorded lease commitment on account of Lease Asset on Lease OTHER LIABILITES 12 1,479,691,190 968,658,181 TOTAL LIABILITIES 30,784,430,787 20,182,412,021 CAPITAL / SHAREHOLDERS' EQUITY: TOTAL OFF - BALANCE SHEET ITEMS 13,422,689,727 9,805,944,613 Paid-up Capital 13 2,203,407,360 1,967,328,000 Statutory Reserve 14 776,833,978 560,034,291 Revaluation gain on Investment 2,620,849 – Bonus Share - 236,079,360 Surplus in Profit and Loss Account 15 443,106,915 3,310,590 TOTAL SHAREHOLDERS' EQUITY: 3,425,969,101 2,766,752,241

TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 34,210,399,888 22,949,164,262

The accompanying notes( 1 to 44 ) form an integral part of this financial statement. The accompanying notes( 1 to 44 ) form an integral part of this financial statement.

Managing Director Director Vice Chairman Chairman Managing Director Director Vice Chairman Chairman Signed as per our Annexed report of same Date Signed as per our Annexed report of same Date

Dated, HOWLADAR YUNUS & CO. Dated, Dhaka HOWLADAR YUNUS & CO. March 14, 2008 Chartered Accountants March 14, 2008 Chartered Accountants

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