WMSHIPYARD Earnings Update

The Board of Directors has recommended 5% cash dividend to the general shareholders other than Sponsor shareholders Directors' share of the Company (total number of shares 10,95,51,900 out of this Sponsor shareholders hold 40.44% & rest of the shareholders i.e. 59.56% shareholders entitled for cash dividend) and 10% stock dividend to all the shareholders for the year ended on June 30, 2014. Date of AGM: 21.12.2014, Time: 12:00 noon, Venue: Chittagong Boat Club, Air Port Road, East Patenga, Chittagong. Record date: 20.11.2014. The Company has also reported EPS of Tk. 2.32, NAV per share (with revaluation reserve) of Tk. 42.59, NAV per share (without revaluation reserve) of Tk. 31.70 and NOCFPS of Tk. 0.87 for the year ended on June 30, 2014.