SPCL Corporate Disclosure — 26 October 2014

The Company has informed that the Board of Directors of Petromax Refinery Ltd., (a subsidiary of Shahjibazar Power Co. Ltd.) has decided by a resolution that, a Tanker Vessel (Name: M.T SEA WORLD-2, Registration No. C-1765) at the cost of Tk. 8.00 crore from Masum Trade International, 19, Strand Road, Bangla Bazar (SRB), Chittagong shall be purchased to meet the requirement of floating stock and distribution of finished oil. Of the total cost 70% amounting to Tk. 5.60 crore only shall be financed from Islami Bank Bangladesh Ltd. and the rest of the amount Tk. 2.40 crore only shall be financed from the Company's own source.