MEGCONMILK Corporate Disclosure — 20 November 2014

(Continuation of News of MEGCONMILK): The above facts indicate the existence of material uncertainty that may cast a significant doubt about the company's ability to continue as a going concern in the foreseeable future unless a continuous inflow of liquidity support is evolved and operational efficiency and aggressive marketing of the product is significantly enhanced to greater extent. 2) As per Companies Act 1994 Clause 120 & 121 indicates that the company shall not make any loan or guarantees to a person or company, which has not incorporated under the Companies Act 1994 but the management of the company has given unsecured loan to the relative/s of the directors an amount of Tk. 15, 070,000.00. (end)