NBL Corporate Disclosure — 25 May 2014

(continuation of news of NBL): 4. During the year 2013, the bank has charged to its profit and loss account by Tk. 301.00 crore under the expenditure head "Charges on Loan Loss" to write off some advances in terms of Bangladesh Bank BRPD Circular 02 dated 13.01.2003. Note 13.5 states: Provision for gratuity We have maintained provision for gratuity as per the approved schedule of Bangladesh Bank vide its letter no. DBI-1(Private)/82/2008-257 dated 20/02/08. As per approval of Bangladesh Bank no amount was disbursed from the fund account and accumulated interest has increased the fund position. (cont.-3)