RENWICKJA Corporate Disclosure — 9 November 2014

(Qualified Opinion): "A. Wahab & Co", Auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 30 June 2014: " i) Bangladesh Accounting Standards (BAS) 36 requires impairment test of Property, Plant and Equipment and necessary disclosure in this regard. The company has no laid down policy and procedure with regard to impairment test and no such test was carried out. ii) As disclosed in note # 1.04 (h) to the financial statements the gratuity scheme operated by the company is unfunded and provision is made as per company policy. But no actuarial valuation has been done as per BAS 19."