PENINSULA Earnings Update

(Q3): The Company has reported its profit after tax Tk. 45.29 million and basic EPS Tk. 0.78 for the 3 (three) months ended on 31 March 2014 (Jan 2014 - March 2014) as against profit after tax of Tk. 38.65 million and basic EPS of Tk. 0.67 for the same period of the previous year. It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 58,016,000 shares both for 2014 and 2013. However, considering Post-IPO 113,016,000 number of shares the Company's basic EPS for the 3 (three) months ended on 31 March 2014 would be Tk. 0.40. (cont.)