ECABLES Corporate Disclosure — 16 January 2017

(Continuation news of ECABLES): 3. An amount of Tk. 21,321,239 payable to various parties has been carried forward since long under the head "Other Financial Liabilities & Provision". No balance confirmation Certificate was made available to us. As such we could not confirm the said amount (Note-24). 4.The company revalued its assets in the year 1987 and the revaluation reserve has been carrying forward since then to the extent of Tk. 18,043,822 without transferring the same into Retained Earnings.(cont.3)