SILVAPHL Dividend Disclosure

(Continuation news of SILVAPHL): a) Retained amount of Bonus shares is to be used as Capital for further business expansion, b) Bonus shares is declared out of accumulated profit and c) Bonus shares is not declared from Capital Reserve on Revaluation Reserve or any unrealized Gain or out of Profit earned prior to incorporation of the Company or through reducing Paid up Capital or through doing anything so that the Post Dividend Retained Earnings become negative or a debit balance. (end)