(১১২৫) BEACONPHAR

The Company has informed that the Board of Directors of the company has approved the following: (1) Payment of outstanding balance of the value of office space purchased from Beacon Developments Limited (BDL) situated at Toyenbee Circular Road, Motijheel, Dhaka (Value details in note 25 of Audited Financial Statements for the year ended 30.06.10) of Tk. 26,88,50,000.00 by issuing 2,15,08,000 ordinary shares @ Tk. 12.50 per share (face value Tk. 10.00 + premium Tk. 2.50). Lock-in period of these shares may be one year starting from the date of allotment. In this regard all the provisions of the securities rules and regulations will be complied and (2) The decision of the board regarding issue of new shares to BDL to be placed in the EGM for the approval of the shareholders