POWERGRID Corporate Disclosure — 15 December 2013

(Continuation of news of POWERGRID): 5. As disclosed in Note# 19 to the financial statements, liabilities for other finance include an amount of Tk. 3,765,000 owed to BPDB, and as disclosed in Note # 19.4, liabilities for other finance include account current with corporations and other offices amounting to Tk. 104,032,421 comprising Tk. 106,454,988 and Tk. (2,422,567) on account of BPDB and Project-1 respectively as on 30 June 2013. As disclosed in Note # 12.3, Note # 12.4(A) and Note # 16 PGCBL owes to BPDB Tk. 8,003,670, Tk. 9,855,673,033 and Tk. 881,647,500 respectively. The balances could not be confirmed from BPDB. (cont. 8)