Colombo Stock Exchange (CSE) announces the changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2014 annual index rebalance as follows.

S&P Dow Jones Indices today announced that effective from the December 22, 2014 (after the market close of December 19, 2014), Asian Hotels & Properties PLC (CSE Ticker: AHPL, Bloomberg Ticker: AHPL SL) C T Holdings PLC (CSE Ticker: CTHR, Bloomberg Ticker: CTHR SL) and Hayleys PLC (CSE Ticker: HAYL, Bloomberg Ticker: HAYL SL) will be removed from the S&P Sri Lanka 20 index as they no longer qualify for index inclusion.

Replacements will be Access Engineering PLC (CSE Ticker: AEL, Bloomberg Ticker: AEL SL) People's Leasing & Finance PLC (CSE Ticker: PLC, Bloomberg Ticker: PLC SL) and Sri Lanka Telecom PLC (CSE Ticker: SLT, Bloomberg Ticker: SLTL SL)

The index includes the largest 20 stocks, by total market capitalization, listed on the CSE that meet minimum size, liquidity and financial viability thresholds. The constituents are weighted by float-adjusted market capitalization, subject to a single stock cap of 15%, which is employed to reduce single stock concentration.

The S&P Sri Lanka 20 has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS®), which was co- developed by S&P Dow Jones Indices and MCSI and is widely used by market participants throughout the world.

Rajeeva Bandaranaike, Chief Executive Officer of Colombo Stock Exchange commented: The S & P Sri Lanka 20 index has gained wide acceptance by all stakeholders and enhanced the visibility of the Colombo Stock Exchange. This index is particularly designed to create index tracking funds; such as index funds and Exchange Traded Funds (ETFs). The S&P Sri Lanka 20 index is a more realistic measure as it uses a Public Float Adjusted Market Capitalization, to measure the size of the company; in line with global standards. I am confident that the S&P Sri Lanka 20 will further enhance the visibility of the CSE amongst the global investor community and will be a tool to create more tradable products”.

To be eligible for inclusion, a stock must have a minimum float-adjusted market capitalization of 500 million Sri Lankan rupees (Rs), a six- month average daily value traded of Rs 1 million,have been

traded at least 10 days of each month for the three months prior to the rebalancing reference date, and have positive net income over the 12 months prior to the rebalancing reference date.

For information, including the complete methodology, please visit: www.spindices.com