RAHIMAFOOD Corporate Disclosure — 9 December 2013

(Repeat): (Auditor's Observation): The Auditor of the company has given the following observations in the audit report of the company for the year ended on 30 June 2013: "1.Turnover & Accounts Receivables: About 95% of total turnover during the year are sold to M/s. Mohd. Elias Brothers (Pvt) Ltd. as deferred payment basis. Only due to this reason, an amount of Tk. 977,459,926 has become receivable to the said party. As per management opinion, goods have been sold on deferred payment basis rather than in cash to get better price than normal market price and this was done to avoid substantial loss, which was very inevitable. The transaction have been made through a deed of agreement and secured by un-dated cheque for Tk. 89 crore. (Cont.-1)