JUTESPINN Corporate Disclosure — 20 November 2014

(Continuation of News of JUTESPINN):4.During the year the Company incurred a Net Loss of BDT 74,182,221/- and the balance of cumulative loss and Share Capital are BDT 159,656,104/- and 17,000,000/- respectively, which indicates a negative position of Shareholder Equity. Despite of the above the Company's financial statements have been prepared on a going concern basis. In absence of any mitigating factors, the above situation indicates a material uncertainty which may cast a significant doubt on the Company's ability to continue as a going concern. (cont. 4)