HAMI Corporate Disclosure — 14 November 2013

(Continuation of news of IMAMBUTTON): Operating Losses: The company has suffered an amount of Operating Losses Tk. 1,16,18,243/- for the year under review due to high price of raw materials, global recession, frequent power failure and frequent breakdown of existing generator, machineries problem and also over burden of financial charge. Going Concern Threat: In our opinion, based on the above observation, if the management is unable to mitigate the above mentioned infrastructure and operating obstacles to utilize the desired level of production capacity and improve the efficiency both in terms of operation and financing, the status of the company as a going concern for the foreseeable future will be affected." (end)