POWERGRID Corporate Disclosure — 20 November 2014

(Continuation of News of POWERGRID): 5.As disclosed in Note # 20 to the financial statements, liabilities for other finance include an amount of Tk. 3,765,000 owed to BPDB, and as disclosed in Note # 20.4, liabilities for other finance include account current with corporations and other offices amounting to Tk. 110,512,421 comprising Tk. 112,434,988 and Tk. (2,422,567) on account of BPDB and Project-1 respectively as on 30 June 2014. As disclosed in Note # 13.3, Note # 13.4(A) and Note # 17 PGCBL owes to BPDB Tk. 8,003,670, Tk. 8,006,716,130 and Tk. 1,626,835,513 respectively. The balances could not be confirmed from BPDB. (cont. 7)