Kotmale Holdings PLCCSELK: LAMB.N0000

We write in terms of the Listing Rules of the Colombo Stock Exchange to inform you of the proposed sale by the above Company, of 715,936 (Seven Hundred and Fifteen Thousand Nine Hundred and Thirty Six) ordinary shares, being the total shareholding of the said Company in Vauxhall Beira Properties Limited (VBPL), at Rs.65.70 per shares and for a total consideration of Rupees Forty Seven Million Thi.ty Six Thousand Nine Hundred and Ninety Five (Rs.47,036,9951-) The said shares will be offered to the shareholders of VBPL, in proportion to their current shareholding in VBPL. We also wish to inform you that the above Company and VBPL have common Directors and shareholders.

· Issued by Kotmale Holdings PLC via Colombo Stock Exchange

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