DELTASPINN Corporate Disclosure — 8 December 2014

The Company has further informed that the Board of Directors of the Company has decided to hold an EGM to modify the purpose of utilization of the Rights Issue Fund raised in August, 2014 subject to the approval of Bangladesh Securities and Exchange Commission and EGM. The modified purposes proposed by the Board are given as below: a) Balancing, Modernization and Replacement of the existing textile spinning mill will be made with an investment of Tk. 15.75 crores instead of Tk. 17.20 crores shown earlier in the Rights Offer Document (ROD). b) Expansion through product diversification will be done by setting-up a modern state-of-the-art 100% export oriented Textile Spinning Unit with a total investment outlay of Tk. 65.35 crores instead of Tk 55.55 crores (cont.1)