ATTN: MR CHANDIMA UDABAGE

RUNDOWN

THE STATE OF BUSINESS – 29TH Nov, 2007

SECURITY DRY CHAMI

CEB VTR RIYAD

LOGISTICS BRIDGE

LOGISTICS VTR CHAMI

BREAK 1 - ADD STATE OF BUSINESS BRIDGE

MILITARY VTR SAMANTHA

ADD CORPORATE BRIDGE

ISLAMIC VTR NILANTHA

L’OREAL VTR NISHANI

BREAK 2 - STOCK WATCH

STOCK UPDATE CARDS 01.30

CURRENCY CARDS 00.20

LINE UP EDITOR - ANOUK/ NISHANI

ANCHOR - RAVI
HEADLINES
1. CEB UNION SAYS GOVERNMENT SHOULD EVALUATE POWER
PROJECTS ON CASE BY CASE BASIS, AND
2. EXPERTS SAY LOGISTICS INDUSTRY IN ASIA GROWING
AT GREATER PACE THAN THE WEST

1.SLUG:SECURITY–DRY

THE MEDIA CENTER FOR NATIONAL SECURITY INFORMS THE PUBLIC

TO BE VIGILANT FOLLOWING THE BLAST YESTERDAY IN NUGEGODA
THAT KILLED A NUMBER OF CIVILIANS.

IT SAYS LTTE TERRORISTS HAVE NOW BEGUN TO TARGET CIVILIANS

THROUGH VARIOUS ACTS OF TERRORISM SUCH AS BOMB BLASTS.

THEREFORE THE MEDIA CENTER FOR NATIONAL SECURITY REQUESTS

THE PUBLIC TO BE EXTRA VIGILANT AT PLACES SUCH AS BUS
STANDS, RAILWAY STATIONS AND SHOPPING COMPLEXES.

ON BECOMING AWARE OF ANY SUSPICIOUS PERSONS OR OBJECTS

LYING ABOUT, THE CENTER ADVISES THE PUBLIC TO MOVE AWAY
FROM THE SPOT IMMEDIATELY AND INFORM THE NEAREST POLICE
STATION OR CALL 118 OR 119 WITHOUT DELAY.

READ ON

2.SLUG:CEB-VTR

ALTERNATIVE POWER GENERATION CONCEPTS SUCH AS WIND, SOLAR

AND MINI POWER ARE VIABLE OPTIONS DUE TO THE ALL TIME PRICE
HIGH’S IN THE GLOBAL FOSSIL FUELS MARKET.

BUT EXPERTS AT THE CEB SAY THE GOVERNMENT SHOULD EVALUATE

POWER GENERATION PROJECTS ON A CASE BY CASE BASIS, AS SOME
SO CALLED LOW COST ALTERNATIVES MAY BURN A HOLE IN
CONSUMERS POCKETS YET AGAIN IN THE FUTURE.

THIS WAS STATED AT A MEDIA CONFERENCE ORGANIZED BY THE CEB

ENGINEERS UNION THIS MORNING.

ROLL VTR

EXTRO
MEANWHILE THE SECRETARY TO THE MINISTRY OF POWER AND ENERGY
WHEN CONTACTED BY ART TV, STATED THAT THE CABINET HAD
APPROVED THE DEAL AS IT WAS A GOVERNMENT POLICY DECISION

ROLL VTR
UP NEXT IS A LOOK AT OUR SPECIAL SEGMENT ‘LOGISTICS HUB OF
COLOMBO’

ROLL THEME

3.SLUG:LOGISTICS-VTR

EXPERTS SAY THAT THE HIGH COST OF OPERATIONS, LOW

PRODUCTIVITY AND THE DEPRESSED MARKETING CONDITIONS IN THE
COLOMBO PORT HAVE ALREADY FORCED CARRIERS TO MOVE INTO
ALTERNATIVE PORTS.

THEY SAY THE COUNTRY IS LOSING A FAIR AMOUNT OF FOREIGN

EXCHANGE DUE TO THIS SITUATION.

ROLL VTR

BREAK

4.SLUG:MILITARY-VTR

THE MINISTRY OF DEFENSE REQUESTS PUBLIC SUPPORT TO BUILD

FIFTY THOUSAND HOUSES FOR THE ARMED SERVICE PERSONNEL IN
THE TRI FORCES.

THE PROJECT LAUNCHED WITH THE SUPPORT OF THE CENTRAL BANK

IS TITLED “API WENUWEN API WEMU”.

DETAILS OF THE PROJECT WHICH IS ALREADY UNDERWAY WAS

EXPLAINED TO THE MEDIA THIS MORNING IN COLOMBO.

ROLL VTR
CORPORATE

5.SLUG:ISLAMIC BANKING–VTR

ISLAMIC BANKING IS A NEW CONCEPT THAT IS CATCHING UP IN THE

LOCAL BANKING SECTOR.

HOWEVER, EXPERTS SAY THE LACK OF AWARENESS AMONG THE PUBLIC

AND A DEARTH OF PROFESSIONALS ARE HINDERING THE PROGRESS OF
THE FIELD.

AS A SOLUTION TO THESE ISSUES, THE FIRST GLOBAL GROUP IS

CONDUCTING A 3-DAY SEMINAR AND WORK SHOP ON ISLAMIC BANKING
AND FINANCE FROM DECEMBER 14TH TO 16TH IN COLOMBO.

THE DETAILS WERE DISCLOSED TO THE MEDIA IN COLOMBO RECENTLY.

ROLL VTR

6.SLUG:L’OREAL-FLASH

SANGIUN SERVICES PVT LTD THE SOLE AGENTS FOR L’OREAL IN SRI
LANKA IN COLLABORATION WITH THE INTERNATIONAL LIONS CLUB IS
PLANNING TO AWARD FREE TECHNICAL TRAINING IN HAIRDRESSING
TO 100 YOUNG ADULT ORPHANS.

THIS IS THE FIRST STEP BY SANGUIN SERVICES IN THEIR VISION

TO FURTHER ENHANCE ITS CORPORATE SOCIAL RESPONSIBILITY
EFFORTS.

ACCORDING TO THE LIONS CLUB THE CANDIDATES WILL BE CHOSEN

FROM ORPHANAGES ACROSS THE COUNTRY AND WILL BE AWARDED AN
INTERNATIONALLY RECOGNIZED CERTIFICATE IN HAIR DRESSING
FOLLOWING A TRAINING CONDUCTED AT THE L’OREAL TECHNICAL
CENTRE.

SANGUIN SERVICES PVT LIMITED HAS COMMITTED 5 MILLION RUPEES

TOWARDS THIS CAUSE.

READ ON

BREAK
STOX

THE MARKET SAW A DULL DAY OF TRADING TODAY AND ENDED ON A

MIXED SENTIMENT.

NO CROSSINGS TOOK PLACE FOR THE DAY.

SIERRA CABLES TRADED THE HIGHEST VOLUME OF 2.19 MILLION

SHARES FOLLOWED BY KSHATRIYA HOLDINGS AND NAWALOKA
HOSPITALS.

KSHATRIYA HOLDINGS WAS THE TOP CONTRIBUTOR TO TURN OVER

PUMPING IN 24.5 MILLION RUPEES AND WAS FOLLOWED BY CEYLON
LEATHER AND COMMERCIAL BANK

FOREIGN BUYING FOR THE DAY WAS AT 27.2 MILLION WHILE

FOREIGN SALES AMOUNTED TO 19.23 MILLION.

CARD 1
THE ALL SHARE LOST 4.66 POINTS TO CLOSE THE DAY AT 2,558.2
WHILE THE MILANKA GAINED 1.13 POINTS TO END AT 3,380.37

TURN OVER WAS AT 148.6 MILLION RUPEES

CARD 2
LEADING THE DAY’S GAINERS WERE MTD WALKERS, ASSOCIATED
HOTELS, AMW, BLUE DIAMONDS AND ELPITIYA

CARD 3
WHILE THE LOSERS WERE HEADED BY COCO LANKA-RIGHTS,
ALLIANCE, COLOMBO PHARMACY, MADULSIMA AND UNION CHEMICALS.

CARD 4
JAMES FINLAY AND COMPANY MADE AN INTERIM DIVIDEND
ANNOUNCEMENT FOR THE DAY

UP NEXT ARE THE FOREX RATES

CARD 5
CARD 6
SEGMENT: MAIN
DATE: 29 / 11 / 2007
REPORTER: CHAMINDA
SLUG: SECURITY – DRY

THE MEDIA CENTER FOR NATIONAL SECURITY INFORMS THE PUBLIC

TO BE VIGILANT FOLLOWING THE BLAST YESTERDAY IN NUGEGODA
THAT KILLED A NUMBER OF CIVILIANS.

IT SAYS LTTE TERRORISTS HAVE NOW BEGUN TO TARGET CIVILIANS

THROUGH VARIOUS ACTS OF TERRORISM SUCH AS BOMB BLASTS.

THEREFORE THE MEDIA CENTER FOR NATIONAL SECURITY REQUESTS

THE PUBLIC TO BE EXTRA VIGILANT AT PLACES SUCH AS BUS
STANDS, RAILWAY STATIONS AND SHOPPING COMPLEXES.

ON BECOMING AWARE OF ANY SUSPICIOUS PERSONS OR OBJECTS

LYING ABOUT, THE CENTER ADVISES THE PUBLIC TO MOVE AWAY
FROM THE SPOT IMMEDIATELY AND INFORM THE NEAREST POLICE
STATION OR CALL 118 OR 119 WITHOUT DELAY.

READ ON
SEGMENT: CORPORATE
DATE: 28/11/07
REPORTER: NK
SLUG: ISLAMIC BANKING – VTR

ISLAMIC BANKING IS A NEW CONCEPT THAT IS CATCHING UP IN THE

LOCAL BANKING SECTOR.

HOWEVER, EXPERTS SAY THE LACK OF AWARENESS AMONG THE PUBLIC

AND A DEARTH OF PROFESSIONALS ARE HINDERING THE PROGRESS OF
THE FIELD.

AS A SOLUTION TO THESE ISSUES, THE FIRST GLOBAL GROUP IS

CONDUCTING A 3-DAY SEMINAR AND WORK SHOP ON ISLAMIC BANKING
AND FINANCE FROM DECEMBER 14TH TO 16TH IN COLOMBO.

THE DETAILS WERE DISCLOSED TO THE MEDIA IN COLOMBO RECENTLY.

ROLL VTR

TAG

‘KNOW IT BEYOND’

3-day seminar & workshop

on Islamic banking & finance

SUPER

Muhammed Ikram Thowfeek

Founder & Managing Director
First Global Group
VOICE OVER – ISLAMIC BANKING

THE 3-DAY SEMINAR & WORKSHOP TITLED “KNOW IT BEYOND”

ORGANIZED BY FIRST GLOBAL GROUP ON ISLAMIC BANKING &
FINANCE WILL BE HELD AT THE GALADARI HOTEL, COLOMBO FROM
DECEMBER 14TH TO 16TH.

THE SEMINAR AND WORKSHOP WILL DEAL WITH THE THEORETICAL

FRAME WORK AND PRACTICAL ASPECTS OF ISLAMIC BANKING AND
FINANCE.

IT WAS ALSO REVEALED AT THE MEDIA CONFERENCE THAT THE

MOMENTUM FOR ISLAMIC BANKING AND FINANCE IS BUILDING UP IN
SRI LANKA AND THUS IT IS HIGH TIME THAT THE KNOWLEDGE OF
THE PUBLIC BE ENHANCED ON THE POTENTIAL OF THE SECTOR.

FGG BELIEVES THAT NURTURING ISLAMIC BANKING AND THE FINANCE

SECTOR WILL THE PAVE WAY IN TAPPING FINANCIAL RESOURCES
FROM THE MIDDLE EAST TO BE USED FOR THE COUNTRY’S
DEVELOPMENT.

V/C
17:45 – 18.18
Even after spending on their money infrastructure projects sill there are excess in the
Middle East who are tapping this money today? The European and Western countries are
tapping, even Asian countries are tapping into Islamic funds their through Islamic finance
you know - tag. Why not Sri Lanka open our way, so much of development to be
happening in this country so many people need to be supported. So why not we are
paying money for petrol prices the cost of living is going up other expenses are, you
know really very much expensive on certain product .Lets have another channel to be
bring back the money to our country’s development.

ENDS/
SEGMENT: MAIN
DATE: 29 /11 / 2007
REPORTER: SAMANTHA
SLUG: MILITARY HOUSE - VTR

THE MINISTRY OF DEFENSE REQUESTS PUBLIC SUPPORT TO BUILD

FIFTY THOUSAND HOUSES FOR THE ARMED SERVICE PERSONNEL IN
THE TRI FORCES.

THE PROJECT LAUNCHED WITH THE SUPPORT OF THE CENTRAL BANK

IS TITLED “API WENUWEN API WEMU”.

DETAILS OF THE PROJECT WHICH IS ALREADY UNDERWAY WAS

EXPLAINED TO THE MEDIA THIS MORNING IN COLOMBO.

ROLL VTR

SUPER

Willie Gamage – Addl. Secretary

Development & Public Relations
Ministry of Defense

‘Api Wenuwen Api’

Cost of each house Rs. 1,000,000

Donation target per year Rs. 3 Bn

card

Donations can be made to:

- The Bank of Ceylon Account Number: 7040000

- Dialog users can contribute via SMS by typing “API” and

sending it to 8877.
VOICE OVER – MILITARY HOUSE – SAMANTHA – 28 / 11

UNDER THIS PROJECT THE DEFENSE MINISTRY PLANS TO BUILD

10,000 HOUSES PER YEAR AND COMPLETE THE CONSTRUCTION OF
50,000 HOUSES WITHIN A PERIOD OF FIVE YEARS.

THEY SAY THE PROJECT IS DESIGNED TO ENHANCE THE LIVING

STANDARDS OF SERVICE PERSONNEL BY OFFERING THEM MODERN
FACILITIES ON AN EASY LOAN REPAYMENT PLAN AT INTEREST RATES
LOWER THAN THE INDUSTRY STANDARDS.

THE DEFENSE MINISTRY SAYS THE COST OF EACH HOUSE WILL BE

AROUND 1 MILLION RUPEES AND WILL CONSIST OF FACILITIES SUCH
AS ELECTRICITY, WATER, TELEPHONES AND CABLE TV ETC.

VOICE CUT
37:13
BENEFITS TO THE ECONOMY GDP WILL INCREASE AT LEAST 0.1%
EACH YEAR DURING THE CONSTRICTION PERIOD WILL CREATE AT
LEAST ONE HUNDRED THOUSAND DIRECT EMPLOYMENT THREE HUNDRED
THOUSAND INDIRECT EMPLOYMENT AND ALSO THERE WILL BE A
INCREASE IN GOVERNMENT REVENUE ON VAT AND OTHER TAXES AND
THEN ID MOST IMPORTANT THING IS BOOST TO THE CONSTRUCTION
INDUSTRY OF THE COUNTRY
37:53

AUTHORITIES SAY THE ENTIRE PROJECT WILL REQUIRE 15 BILLION

RUPEES AND REQUEST THE SUPPORT OF THE PUBLIC AND THE
CORPORATE SECTOR FOR THE ENDEAVOUR.

CARD IN

DONATIONS TO THE PROJECT CAN BE DEPOSITED IN THE ACCOUNT

NUMBER 7040000 AT BANK OF CEYLON BRANCHES ISLAND WIDE.

THE PUBLIC ALSO CAN MAKE DONATIONS VIA THE DIALOG SMS
NETWORK BY TYPING “API” AND SENDING IT TO 8877. EACH
MESSAGE WILL CONTRIBUTE 100 RUPEES TO THE FUND.
CARD OUT

THE FIRST PHASE OF THE PROJECT IS NOW UNDERWAY IN IPOLOGAMA

ANURADHAPURA.

ENDS.
SEGMENT:CORPORATE
AIRED:
SHOT:26TH NOV
REPORTER:NISHANI
SLUG:L’OREAL

SANGIUN SERVICES PVT LTD THE SOLE AGENTS FOR L’OREAL IN SRI
LANKA IN COLLABORATION WITH THE INTERNATIONAL LIONS CLUB IS
PLANNING TO AWARD FREE TECHNICAL TRAINING IN HAIRDRESSING
TO 100 YOUNG ADULT ORPHANS.

THIS IS THE FIRST STEP BY SANGUIN SERVICES IN THEIR VISION

TO FURTHER ENHANCE ITS CORPORATE SOCIAL RESPONSIBILITY
EFFORTS.

ACCORDING TO THE LIONS CLUB THE CANDIDATES WILL BE CHOSEN

FROM ORPHANAGES ACROSS THE COUNTRY AND WILL BE AWARDED AN
INTERNATIONALLY RECOGNIZED CERTIFICATE IN HAIR DRESSING
FOLLOWING A TRAINING CONDUCTED AT THE L’OREAL TECHNICAL
CENTRE.

SANGUIN SERVICES PVT LIMITED HAS COMMITTED 5 MILLION RUPEES

TOWARDS THIS CAUSE.

READ ON
SEGMENT : MAIN
DATE : 28/11/2007
REPORTER : RAVI
SLUG : LOGISTICS - VTR

UP NEXT IS THE SPECIAL SEGMENT ‘THE LOGISTIC HUB OF COLOMBO’

ROLL THEME

EXPERTS SAY THAT THE HIGH COST OF OPERATIONS, LOW

PRODUCTIVITY AND THE DEPRESSED MARKETING CONDITIONS IN THE
COLOMBO PORT HAVE ALREADY FORCED CARRIERS TO MOVE INTO
ALTERNATIVE PORTS.

THEY SAY THE COUNTRY IS LOSING A FAIR AMOUNT OF FOREIGN

EXCHANGE DUE TO THIS SITUATION.

ROLL VTR

Eric Maard
Managing Director
Maersk Lanka (Pvt) Ltd.

‘LOGISTICS HUB OF COLOMBO’

VOICE OVER – LOGISTICS – 28 /11 – RAVI

THE MANAGING DIRECTOR OF MAERSK LANKA PRIVATE LIMITED

SPEAKING AT A SEMINAR HELD IN COLOMBO SAID THAT THE
LOGISTICS INDUSTRY IS GROWING AT A MUCH HIGHER PACE IN ASIA
THAN EUROPE OR AMERICA.

VC – MAARD
04:05
THE EUROPEAN AND AMERICAN INDUSTRIES HAVE ALREADY
OUTSOURCED OVER PAST 15 YEARS TO A LARGER EXTEND. ITS
ESTIMATED ABOUT 25%. WHERE AS ASIAN INDUSTRIES ARE
BEGINNING TO OUTSOURCE NOW. THAT SRI LANKA WHY THERE IS A
GREATER GROWTH POTENTIAL FOR LOGISTIC SERVICES IN ASIA THAN
EUROPE AND USA.
04:30

HE SAID ADOPTING GOOD INFRASTRUCTURE, LEGALIZED REGULATORY

ENVIRONMENT AND ECONOMIC STABILITY WILL HELP SRI LANKA TO
GRAB A SLICE OF THIS MARKET.

VC – MAARD
17:03
EVEN WITH INDIAN PORTS DEVELOPING AND EXPANDING THERE WILL
STILL BE A NEED FOR TRANS-SHIPMENT PORTS. AND COLOMBO COULD
VERY WELL CONTINUE TO PLAY AN ACTIVE AND DOMINANT ROLE
PROVIDED THE CAPACITY CREATED AND COST ARE COMPETITIVE.
17:31

HE ALSO SAID SRI LANKA NEEDS TO REPLACE THE RELATIVELY

PRIMITIVE WAREHOUSES THAT EXIST AT PRESENT WITH SUPERIOR
WAREHOUSES.

ACCORDING TO HIM THESE DETAILS STAND IN THE WAY OF COLOMBO

BECOMING A WORLD CLASS LOGISTICS HUB.

VC – MAARD
29:41
THE RELATIVELY HIGH COST IN OPERATING IN COLOMBO AMD THE
DEPRESSED MARKETING CONDITIONS HAVE ALREADY FORCED CARRIERS
TO MOVER TO ALTERNATIVE PORTS. IN MY CALCULATIONS THIS HAVE
RESULTED IN COLOMBO LOSING 100,000 BOXES IS TRANS-SHIPMENT.
IN ANNUAL BASIS MAY BE 300,000. 30:10

END
SEGMENT: MAIN
DATE: 29TH NOVEMBER 2007
REPORTER: RIYAD R.
EDITOR: ANOUK T.
SLUG: HULANG POWER

ALTERNATIVE POWER GENERATION CONCEPTS SUCH AS WIND, SOLAR

AND MINI POWER ARE VIABLE OPTIONS DUE TO THE ALL TIME PRICE
HIGH’S IN THE GLOBAL FOSSIL FUELS MARKET.

BUT EXPERTS AT THE CEB SAY THE GOVERNMENT SHOULD EVALUATE

POWER GENERATION PROJECTS ON A CASE BY CASE BASIS, AS SOME
SO CALLED LOW COST ALTERNATIVES MAY BURN A HOLE IN
CONSUMERS POCKETS YET AGAIN IN THE FUTURE.

THIS WAS STATED AT A MEDIA CONFERENCE ORGANIZED BY THE CEB

ENGINEERS UNION THIS MORNING.

ROLL VTR

EXTRO

MEANWHILE THE SECRETARY TO THE MINISTRY OF POWER AND ENERGY

WHEN CONTACTED BY ART TV, STATED THAT THE CABINET HAD
APPROVED THE DEAL AS IT WAS A GOVERNMENT POLICY DECISION

Super

J. Meegoda
President
Ceylon Electricity Board engineers Union

Ananda Piyatilake
Immediate Past President
Ceylon Electricity Board engineers Union
VOICE OVER / HULANG POWER / RIYAD / 29TH NOVEMBER 2007 / VTR

THE CEB ENGINEERS UNION SAYS THAT IN RECENT TIMES

UNSOLICITED DEALS WHICH ARE NOT PART OF THE CEB’S POWER
GENERATION MASTER PLAN HAVE SURFACED AT AN ALARMING RATE.

ONE SUCH DEAL IS THE LETTER OF INTENT SIGNED BETWEEN THE CEB
AND ENERCON OF INDIA, TO PURCHASE POWER GENERATED BY THE 50
MEGA WATT WIND POWER PROJECT IN KALPITIYA FOR THE NEXT 20
YEARS.

THE DEAL PROPOSES THAT CEB PURCHASES A UNIT OF ELECTRICITY

AT 13 U.S. CENTS FOR THE 1ST 6 YEARS, 7 U.S. CENTS FOR THE
NEXT 9 YEARS AND 5 U.S. CENTS FOR THE LAST 5 YEARS.

UNDER THE TERMS OF THE LETTER OF INTENT THE AVERAGE TARIFF

TO BE PAID TO ENERCON OF INDIA IS 18 RUPEES AND 40 CENTS, 5
RUPEES AND FIFTY CENTS MORE THAN THE LOCAL SIMILAR POWER
GENERATORS.

36.03 IPP
WHAT WE KNOW IS THE PROJECT COMMITTEE HAS VERY CLEARLY SAID
THAT THE COST IS HIGH FOR WHAT THEY HAVE QUOTED FOR AND
WHAT THEY HAVE ASKED FOR IS TOO HIGH. 36.17 THAT PART WE
KNOW FROM THE 10 MEMBER INDEPENDENT COMMITTEE, BUT THE
CABINET APPOINTED NEGOTIATING COMMITTEE HAS TAKEN A
DIFFERENT TURN AND THEY PROPOSING THIS USD TARIFF 36.30 AND
THE CABINET PAPER GOES ONE STEP FURTHER AND IT SAYS 1 U.S.
CENT MORE 36.37
++++++++
4.16 MEEGODA
THIS IS MUCH HIGHER THAN THE PRICE THAT WE ARE PAYING FOR
LOCAL WIND PROJECTS. THE LOSS DURING THE FULL LIFE CYCLE IS
ESTIMATED TO BE AROUND RUPEES 5700 MILLION OR AROUND 6
BILLION 4.31

THE CEB ENGINEERS UNION STATED THAT THE CABINET APPOINTED 3

PERSON NEGOTIATING COMMITTEE HEADED BY O.C. JAYAWARDANE
WHICH ALSO INCLUDED THE MINISTRY SECRETARY M.M.C.
FERDINANDO, AND MRS DAYANI DE SILVA APPROVED THE DEAL ON
THE GROUNDS THAT THE INDIAN COMPANY HAS TAKEN BOLD STEPS IN
POWER GENERATION.

BUT IT SAYS THE PROPOSAL IS FLAWED DUE TO THE LOW

EFFICIENCY RATIO KNOWN AS PLANT FACTOR WHICH INCREASES THE
WIND POWER PLANT’S OPERATIONAL COSTS.
37.04 IPP
THEY HAVE TAKEN A VERY LOW PLANT FACTOR SO THE LEVEL OF
ENERGY THEY GENERATE THEY ARE PURPOSELY KEEPING LOW 37.09
WHERE IT’S 32% THEY ARE TAKING 24% THIS KIND OF THING THEY
DO 37.20

HE STATED THAT THE CEB ENGINEERS UNION AND SEVERAL HIGH-

RANKING OFFICIALS INCLUDING THE GENERAL MANAGER OF THE
CEYLON ELECTRICITY BOARD HAD VOICED THEIR DISCONTENTMENT
OVER THE DEAL TO THE RELEVANT AUTHORITIES, BUT TO NO VAIL.

13.26 IPP
WHAT THE CHAIRMAN INSTRUCTS THE GENERAL MANAGER IS TO ISSUE
THE LOI TODAY ITSELF, THIS WAS DATED 12/11/2007 SO HE’S
ACTING ON THE CABINET DECISION, SO WHAT WE SEE IS THE
CABINET BEING MISLEAD. 13.41

ENDS/
STOX

THE MARKET SAW A DULL DAY OF TRADING TODAY AND ENDED ON A

MIXED SENTIMENT.

NO CROSSINGS TOOK PLACE FOR THE DAY.

SIERRA CABLES TRADED THE HIGHEST VOLUME OF 2.19 MILLION

SHARES FOLLOWED BY KSHATRIYA HOLDINGS AND NAWALOKA
HOSPITALS.

KSHATRIYA HOLDINGS WAS THE TOP CONTRIBUTOR TO TURN OVER

PUMPING IN 24.5 MILLION RUPEES AND WAS FOLLOWED BY CEYLON
LEATHER AND COMMERCIAL BANK

FOREIGN BUYING FOR THE DAY WAS AT 27.2 MILLION WHILE

FOREIGN SALES AMOUNTED TO 19.23 MILLION.

CARD 1
THE ALL SHARE LOST 4.66 POINTS TO CLOSE THE DAY AT 2,558.2
WHILE THE MILANKA GAINED 1.13 POINTS TO END AT 3,380.37

TURN OVER WAS AT 148.6 MILLION RUPEES

CARD 2
LEADING THE DAY’S GAINERS WERE MTD WALKERS, ASSOCIATED
HOTELS, AMW, BLUE DIAMONDS AND ELPITIYA

CARD 3
WHILE THE LOSERS WERE HEADED BY COCO LANKA-RIGHTS,
ALLIANCE, COLOMBO PHARMACY, MADULSIMA AND UNION CHEMICALS.

CARD 4
JAMES FINLAY AND COMPANY MADE AN INTERIM DIVIDEND
ANNOUNCEMENT FOR THE DAY

UP NEXT ARE THE FOREX RATES

CARD 5
CARD 6