SUMITPOWER Corporate Disclosure — 9 October 2016

With reference to its earlier news disseminated by DSE on October 05, 2016 the Company has further updated the information that issuance of shares will be subject to a lock in of (a) 3 years in case of directors and those who hold 5% or more shares, and (b) 1 year in case of others from the date of issuance of such shares except the general shareholders of Summit Purbanchol Power Company Limited (SPPCL) who are entitled to get the shares of Summit Power Limited as per Scheme of Amalgamation.