SONALIANSH Corporate Disclosure — 16 March 2014

(Qualified Opinion) the auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 30 June 2013: "Basis for Qualified Opinion: 1. Recognition of intangible addition of Tk. 55,975,624/= in the account (See note-05) deviates the principle of accounting practice and have resulted in journal entries for invisible assets and corresponding unearned income, which has inflated the accumulated profit. 2. The company has not been charging depreciation on the additional value resulting from revaluation of fixed assets (see note-13) as required by BAS-16 since financial year 2006-2007. In consequence, the net asset value of the company remains overstated to the extent of chargeable depreciation. (cont.1)