IFIC Dividend Disclosure

The Board of Directors of the Company has decided to place the following decision as special agenda in the 37th AGM: In order to meet the future capital requirement of the Company, the Board has recommended for raising the Paid-up Capital of the Company by issuing Rights shares at the ratio of 1R:1 (i.e. 1 Rights share for every existing 1 share) of Tk. 10.00 each at an issue price of Tk. 20.00 per share (including a premium of Tk. 10.00 each) on paid-up capital after considering Bonus shares for Stock dividend subject to the approval of the shareholders in the 37th AGM of the Company to be held on June 01, 2014, BSEC and other Regulatory authorities. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.