ATTN: MR CHANDIMA UDABAGE

RUNDOWN

THE STATE OF BUSINESS – 23RD Nov, 2007

HEADLINES 00.30

COCONUT DRY NILANTHA 00.45

FOOTWEAR VTR LASHINI` 01.30

INVESTEC VTR NILANTHA 02.05

LOGISTICS VTR CHAMI 02.50

BREAK 1 - ADD STATE OF BUSINESS BRIDGE

FTA VTR RIYAD 03.25

ADD CORPORATE BRIDGE

PIZZA/DELI VTR ANOUK 01.10

BREAK 2 - STOCK WATCH

STOCK UPDATE CARDS 01.30

STOCKS VTR
CURRENCY CARDS 00.20

LINE UP EDITOR - ANOUK/ NISHANI

ANCHOR - NISHANI
HEADLINES

1. STEPPING IN STYLE- LARGEST LEATHER FOOTWEAR

EXHIBITION KICKS OFF TOMORROW
2. SRI LANKA URGED TO FULLY EXPLOIT INDO-LANKA FTA OR
RISK LOSING OUT TO COMPETITORS, AND

1.SLUG: COCONUT- FLASH

GOVERNMENT HAS PROHIBITED THE EXPORT OF COCONUT TEMPORARILY

IN AN EFFORT TO CONTROL THE ESCALATION OF PRICE.

AT PRESENT A COCONUT IS SOLD AT AROUND 30 TO 35 RUPEES AT

THE RETAIL MARKET.

ACCORDING TO COCONUT DEVELOPMENT AUTHORITY THE INCOME FROM

COCONUT AND COCONUT PRODUCT EXPORTS HAS INCREASED BY 33%
COMPARED TO LAST YEAR.

THE INCOME FROM EXPORTS LAST YEAR STOOD AT 13,894 MILLION

RUPEES WHILE THIS YEAR IT HAS RECORDED AN INCOME OF RS.
18,500 MILLION.

ADDRESSING THE MEDIA IN COLOMBO TODAY THE MINISTER OF TRADE

AND COMMERCE BANDULA GUNAWARDENA SAID THE IMPORT TAX ON
COCONUT OIL HAS ALSO BEEN WAIVED TO STABILIZE THE PRICE.

READ ON.

2.SLUG-FOOTWARE-VTR

A THREE DAY TRADE EXHIBITION DISPLAYING FOOTWEAR AND

LEATHER PRODUCTS WILL GET UNDERWAY AT THE BMICH IN COLOMBO
TOMORROW.

THE EXHIBITION WHICH IS THE FIRST OF ITS KIND IS ORGANIZED

BY THE EXPORT DEVELOPMENT BOARD ALONG WITH OTHER STATUTORY
GOVERNMENT AGENCIES WILL SEE THE PARTICIPATION OF 150
EXHIBITORS.

ROLL VTR
3.SLUG:INVESTEC–VTR

“INVESTEC” AN INTERNATIONAL BANKING GROUP BASED IN THE

UNITED KINGDOM IS THE TITLE SPONSOR OF THE UP COMING THREE-
MATCH TEST SERIES BETWEEN SRI LANKA AND ENGLAND.

THIS WAS ANNOUNCED AT A MEDIA BRIEFING IN COLOMBO LAST

EVENING.

ROLL VTR

4.SLUG:LOGISTIC 3–VTR

NOW WE TAKE A LOOK AT OUR SPECIAL SEGMENT ON “LOGISTICS HUB

- COLOMBO”

ROLL THEME

THE WORLD BANK HAS REVEALED THAT SRI LANKA TAKES THE 92ND
PLACE OUT OF 100 COUNTRIES IN AN ANALYSIS THEY HAVE DONE ON
“INTERNATIONAL RANKINGS OF COUNTRIES IN LOGISTIC SUPREMACY”.

THIS WAS REVEALED BY PROFESSOR AMAL KUMARAGE AN EXPERT IN

TRANSPORTATION, SPEAKING AT A RECENT SEMINAR HELD IN
COLOMBO UNDER THE TITLE “LOGISTICS HUB OF COLOMBO”.

ROLL VTR

BREAK

5.SLUG:FTA-VTR

EXPERTS WARN THAT UNLESS SRI LANKA STEPS UP AND FULLY

EXPLOITS THE INDO-SRI LANKA FREE TRADE AGREEMENT, SRI LANKA
WILL BE PUSHED ASIDE BY OTHER COUNTRIES COMPETING TO GRAB A
SLICE ON INDIA’S TRADE POTENTIAL.

ALTHOUGH OVER 4150 ITEMS ARE OFFERED TO SRI LANKA BY INDIA

ON A DUTY FREE BASIS UNDER THE FTA THAT WAS SIGNED IN 1998,
SRI LANKAN EXPORTS HAVE ONLY UTILIZED A MERE FRACTION OF
THE PREFERENTIAL TRADE FACILITY OFFERED TO THEM.

THIS WAS STATED AT A SEMINAR ORGANIZED BY THE NATIONAL

CHAMBER OF EXPORTERS ON THE CURRENT STATUS OF THE INDIAN
FTA, LAST EVENING.

ROLL VTR
BREAK

CORPORATE

6.SLUG:PIZZA – VTR

FOOD LOVERS ARE IN FOR A TREAT AS PIZZA HUT AND DELI-FRANCE

JOINED HANDS TO OPEN ITS FIRST OUTLET HOUSING BOTH
RESTAURANTS UNDER ONE ROOF.

THE OUTLET WAS OPENED IN BAMBALAPITIYA YESTERDAY.

ROLL VTR
7.STOX

IT WAS A VOLATILE DAY OF TRADING AT THE CSE TODAY. THE

MARKET WAS MAINLY DOMINATED BY RETAILERS.

4 CROSSINGS TOTALING 1.81 MILLION SHARES TOOK PLACE ON E

CHANNELING AT 24 RUPEES AND 25 CENTS.

THE COMPANY SAW THE HIGHEST TRANSACTION OF SHARES OF 3.32

MILLION FOR THE DAY AND WAS FOLLOWED BY MAHAWELI REACH
HOTEL AND CEYLON LEATHER PRODUCTS.

E CHANNELING WAS ALSO THE TOP CONTRIBUTOR TO TURN OVER WITH

AN INPUT OF 81.48 MILLION RUPEES. CEYLON LEATHER WAS NEXT
IN LINE WHILE RIVERINA HOTELS FOLLOWED.

FOREIGN PURCHASES FOR THE DAY WAS AT 20.15 MILLION AND

FOREIGN SALES AT 16.7 MILLION

CARD 1
BOTH INDICES ENDED IN THE RED TODAY
THE ALL SHARE PRICE INDEX DROPPED 14.18 POINTS TO 2,584.78
WHILE THE MILANKA LOST 34.15 POINTS TO CLOSE THE DAY AT
3,407.68

THE DAY’S TURN OVER WAS RECORDED AT 299.7 MILLION RUPEES

CARD 2
LEADING THE DAY’S GAINERS WERE ELPITIYA, BERUWELA WALKINN,
MIRRAMAR, LAKEHOUSE PRINTERS AND HAPUGASTENNE

CARD 3
WHILE GESTETNER, MTD WALKERS, CONFIFI HOTELS, BLUE DIAMONDS
NON VOTING AND EDEN HOTEL LANKA TOPPED THE LOSERS LIST

FOREX RATES
CARD 4
CARD 5
SEGMENT: CORPORATE
DATE: 23/11/07
REPORTER: NK
SLUG: INVESTEC – VTR

“INVESTEC” AN INTERNATIONAL BANKING GROUP BASED IN THE

UNITED KINGDOM IS THE TITLE SPONSOR OF THE UP COMING THREE-
MATCH TEST SERIES BETWEEN SRI LANKA AND ENGLAND.

THIS WAS ANNOUNCED AT A MEDIA BRIEFING IN COLOMBO LAST

EVENING.

ROLL VTR

‘INVESTEC TEST SERIES’

First test starts in Kandy on Dec. 01

Jude de Valliere – CEO

Right Angle Sports Marketing

Michael Vaughan – Captain

England Test Team

Mahela Jayawardena – Captain

Sri Lanka Test Team

IN:
OUT:
VOICE OVER – INVESTEC

THE INVESTEC BANK EMPHASIZED THAT THE SPONSORSHIP EXTENDS

ITS EXISTING ASSOCIATION WITH INTERNATIONAL CRICKET.

JUDE
4.15 – 4.38
the message from london is that they are happy to be
associated with cricket. the sport has been good for our
brand. and it is a positive factor in reaching our
international audiences. we are confident that eng vs sl
test series will bring all the excitement we all wish to
see…..

THE MEDIA CONFERENCE WAS ALSO ATTENDED BY THE TWO TEAM

CAPTAINS, THE TEAMS’ MANAGEMENT AND OFFICIALS OF SRI LANKA
CRICKET.

THE THREE-MATCH TEST SERIES BETWEEN SRI LANKA AND ENGLAND

STARTS ON THE FIRST OF DECEMBER IN KANDY – AND BOTH
CAPTAINS ARE UP BEAT ABOUT THE SERIES.

MICHAEL
06.52 – 7.22
“..we are excited about the series it’s always a good place
to come and play good cricket. we just had a three-day game
and we learnt a lot about the conditions that we are going
to play”.

MAHELA
05.24 -5.55
SEGMENT: MAIN
DATE: 23RD NOVEMBER 2007
REPORTER: RIYAD R.
EDITOR: ANOUK T.
SLUG: INDIAN FTA

EXPERTS WARN THAT UNLESS SRI LANKA STEPS UP AND FULLY

EXPLOITS THE INDO-SRI LANKA FREE TRADE AGREEMENT, SRI LANKA
WILL BE PUSHED ASIDE BY OTHER COUNTRIES COMPETING TO GRAB A
SLICE ON INDIA’S TRADE POTENTIAL.

ALTHOUGH OVER 4150 ITEMS ARE OFFERED TO SRI LANKA BY INDIA

ON A DUTY FREE BASIS UNDER THE FTA THAT WAS SIGNED IN 1998,
SRI LANKAN EXPORTS HAVE ONLY UTILIZED A MERE FRACTION OF
THE PREFERENTIAL TRADE FACILITY OFFERED TO THEM.

THIS WAS STATED AT A SEMINAR ORGANIZED BY THE NATIONAL

CHAMBER OF EXPORTERS ON THE CURRENT STATUS OF THE INDIAN
FTA, LAST EVENING.

ROLL VTR

Super

Santosh Jha
Commercial Counselor
High Commission of India

‘UNDERUTILIZED FTA’

Indo-Lanka FTA signed in 1998

4150 Items offered to SL Duty Free

by India under FTA
VOICE OVER / INDIAN FTA / RIYAD / 23RD NOVEMBER 2007 / VTR

OVER THE CENTURIES DUE TO GEOPOLITICAL ISSUES SRI LANKA HAS

EMERGED AS INDIA’S LARGEST TRADE PARTNER IN SOUTH ASIA,
HITTING 2.3 BILLION DOLLARS IN 2006.

UNFORTUNATELY THE TRADE BETWEEN THE 2 COUNTRIES HAS WEIGHED

HEAVILY AGAINST SRI LANKA.

TO LEVEL THE PLAYING FIELD AND ENHANCE SRI LANKA’S EXPORTS

TO INDIA, BOTH COUNTRIES INKED A TRADE AGREEMENT 9 YEARS
AGO.

IN THE 9 YEARS FOLLOWING THE SIGNING OF THE FTA SRI LANKA’S

EXPORTS TO INDIA HAVE INCREASED 10 FOLD WHILE INDIAN
IMPORTS HAD INCREASED BY 3 TIMES.

HOWEVER EXPERTS SAY THIS HAD A MINIMAL IMPACT IN CUTTING

THE TRADE DEFICIT IN FAVOR OF SRI LANKA.

IN 1999 THE TRADE DEFICIT OF SRI LANKA AGAINST INDIA WAS AT

463 MILLION DOLLARS WHICH, IN SPITE OF THE FTA BALLOONED
LAST YEAR TO 1,320 MILLION DOLLARS.

EXPERTS SAY THIS IS DUE TO A SHORTFALL ON SRI LANKA’S SIDE

IN THAT JUST 10 GOODS EXPORTED TO INDIA MAKE UP 90% OF ALL
EXPORT EARNINGS FROM THAT COUNTRY.

28.50
WE HAVE DONE A STUDY, SRI LANKA TRADES 3200 ITEMS WITH THE
WORLD WHILE WITH INDIA IT’S ONLY 850. WHEN YOU HAVE NOT
EVEN LOOKED AT INDIA 29.13 LET ME TELL YOU MAJORITY OF
ITEMS I’M TALKING ABOUT COME UNDER THE FTA AND YOU HAVE
PREFERENTIAL TREATMENT IN INDIA 29.22

HE STATED THAT IF SRI LANKA FULLY UTILIZES THE 4150 ITEMS

OFFERED UNDER THE FTA, IT WILL GAIN A DISTINCTIVE ADVANTAGE
OVER THE COMPETITION.

30.38
ONE ASPECT OF THE FTA OFTEN REGRETTED IS THAT THE OPENING
IN THE INDIAN MARKET AT ZERO DUTY BRINGS A LOT MORE
BENEFITS BECAUSE THE INDIA ECONOMY IS A LOT MORE PROTECTED
THAN SRI LANKA 30.56 THE AVERAGE TARIFF RATES ARE MORE THAN
18% SO WHEN YOU GET ZERO DUTY THE PREFERENTIAL POINTS ARE
MUCH HIGHER/ 31.03
JHA CONCLUDED THAT PRODUCTS SUCH AS AGRO PROCESSING, TYRES,
RUBBER PRODUCTS, SPICES, CERAMICS, FURNITURE AND APPAREL
PRODUCTS HAVE IMMENSE POTENTIAL IN THE INDIAN MARKET.

BUT HE STATED THAT SRI LANKA WILL HAVE TO STEP UP ITS GAME
AS OTHER ECONOMIES ALSO WANT A SLICE OF INDIA’S 1 TRILLION
DOLLAR ECONOMY.

47.58
INDIA IS GOING TO SIGN MORE FTA’S WITH OTHER COUNTRIES IN
THE FUTURE, SO IF YOU DON’T GO IN IT WILL BE DIFFICULT TO
GET IT LATER 48.08 SO YOU NEED TO ACT NOW THAN LATER. 48.11

ENDS/
SEGMENT: MAIN
DATE: 23 / 11 / 2007
REPORTER; CHAMINDA
SLUG: LOGISTIC 3 – VTR

NOW WE TAKE A LOOK AT OUR SPECIAL SEGMENT ON “LOGISTICS HUB

- COLOMBO”

ROLL THEME

THE WORLD BANK HAS REVEALED THAT SRI LANKA TAKES THE 92ND
PLACE OUT OF 100 COUNTRIES IN AN ANALYSIS THEY HAVE DONE ON
“INTERNATIONAL RANKINGS OF COUNTRIES IN LOGISTIC SUPREMACY”.

THIS WAS REVEALED BY PROFESSOR AMAL KUMARAGE AN EXPERT IN

TRANSPORTATION, SPEAKING AT A RECENT SEMINAR HELD IN
COLOMBO UNDER THE TITLE “LOGISTICS HUB OF COLOMBO”.

ROLL VTR

‘LOGISTICS HUB OF COLOMBO’

“Cannot depend on Geographic

advantage itself”- Kumarage

“Geographic advantage
is a weakening criteria” – Kumarage

50% of regional travel goes

via Colombo airport
VOICE OVER – LOGISTICS 3 – CHAMINDA – 23 / 11

ADDRESSING THE SECTOR STAKEHOLDERS PROFESSOR KUMARAGE

COMMENTED FURTHER ON THE WORLD BANK STUDY.

39.10
IT SAYS HERE SL WHICH POLITICIANS LOVE TO DESCRIBE AS THE
HUB OF SOUTH ASIA IS LANGUISHING AT 92 OUT OF 100, FOR
YEARS THE STRATEGIC GEOGRAPHIC LOCATION OF SRI LANKA HAS
BEEN EXCESSIVELY SPOKEN ABOUT, BUT NOTHING HAS DONE
ANYTHING DYNAMIC IN GLOBAL OR REGIONAL CONTEXT IS WELL
ILLUSTRATED IN THE FIRST EVER INTERNATIONAL RANKING IN
LOGISTIC SUPREMACY39.33

SRI LANKA IS STRATEGICALLY LOCATED BETWEEN THE EAST AND THE

WEST WHICH GIVES HER THE ADVANTAGE OF GEOGRAPHIC CENTRALITY
BUT KUMARAGE EMPHASIZES THAT THIS ITSELF IS NOT ENOUGH TO
MAKE SRI LANKA A WORLD CLASS LOGISTICS HUB.

46.00
CAN WE SIMPLY BY BEEN IN THE RIGHT PLACE DEVELOP, I THINK
WHEN YOU LOOK AT THE WAY WORLD MOVING, IT IS A WEAKENING
CRITERIA, I DON’T KNOW WEATHER IN 10 TO 20 YEARS WEATHER
THIS LOCATION WOULD BE A MATTER OF IMPORTANCE, WHILE IT IS
IMPORTANT IT WILL BE A DIMINISHING IMPORTANCE. 46.22

DESPITE CERTAIN WEAKNESSES SRI LANKA DOES BOAST SOME UNIQUE

FEATURES IN THE REGION.

ACCORDING TO PROFESSOR KUMARAGE, 50 PERCENT OF INTER

REGIONAL TRAVEL GOES THROUGH THE COLOMBO AIRPORT WHILE THE
ISLAND’S CAPITAL ALSO LEAD IN TERMS OF TURNOVER IN BOTH
TRANSPORT AND LOGISTICS OPERATIONS.

BUT BEATING WORLD CLASS LOGISTIC HUBS SUCH AS SINGAPORE AND

DUBAI NEEDS BIG TIME WORK SAYS THE PROFESSOR.

29.11
ALSO LOOKING AT THE AVIATION INDUSTRY, WE ARE FAIRLY
BACKWARD IN OUR USE OF AIR TRAVEL BY PEOPLE, IT YOU LOOK AT
THE PER CAPITAL USAGE FOR REGIONAL TRANSPORT ( WITHIN
SAARC) WE FIND THAT IT IS ACTUALLY MUCH LESS THAN ALL THE
OTHER REGIONS29.38 THERE FORE THERE IS A HUGE POTENTIAL NOT
ONLY INTERNATIONALLY BUT WITHIN THE REGION AND THERE ARE
MANY BARRIERS AS TO WHY TRAVEL AND TRADE DO NOT OCCUR AS WE
HAVE DESIRED TO WITHIN THE REGION29.59 WHAT I AM SAYING
WITH GLOBAL AND MORE ECONOMIC ACTIVITY AND MORE FREE TRADE
AGREEMENT, THE POTENTIAL IS VISIBLE30.14

ENDS.
30.25
IF YOU LOOK AT THE TOP 8 AIRPORT IN THE SAARCH REGION THERE
ARE ONLY FIFTEEN DIRECT CONNECTION BETWEEN THESE 8. IF YOU
LOOK IT HAS TO 20, WE HAVE JUST HALF POSSIBLE CONNECTIONS
BETWEEN THE TO 8 IN THE REGION AVAIALBEL30.52

30.55
FOR EXAMPLE ONE MUST WANT TO GO TO KATHMANDU,ONE HAS TO
LEAVE SAARC REGION TO PLACE SUCH AS DUBAI, BANGKOK, DOHA
WER ARE FAILY BACWARD IN THAT SENSE31.16

THERE ARE ONLY NINE CONNECTION IN SAARCH CAPITALS

NEARLY 50 PERCENT OF INTER REGIONAL TRAVEL GOES THROUGH

COLOMBO AIRPORT AND INTERNATIONAL TRAVEL IT’S ABOUT 1 – 6TH
WHILE SHIPPING TOO THE NUMBERS ARE SIMILAR

COLOMBO LEADING IN TERMS OF TURNOVER OF BOTH TRANSPORT AND

LOGISTICS OPERATIONS

33.02
THE ROUTES THAT HAS DEVELOPED NOT ONLY IN COLOMBO, EVEN IN
THE WHOLE REGION HAVE BEEN NOT DEVELOPED ALONG THE ECONOMIC
OR BUSINESS LINES. MOST ARE CULTURAL / SOCIAL, COLOMBO TO
CHENNAI, DHAKA TO CALCUTTA, COLOMBO TO MALE, DELHI TO
KATMANDU AND SO ONNN33.35 IN THAT SENSE AIR TRANSPORT
HASN’T REALLY GONE DOWN TO MAJORITY OF PEOPLE OR EVEN THE
BUSINESS COMMUNITY, STILL PREFERENCES TO BUILD TIES WITH
EAST AND WEST RATHER THAN THE REGION.33.55

AIR FREIGHT HEAVY FLOWS ARE CENTERED AROUND COLOMBO- INDIA

IS DEVELOPING MANY AIRPORTS WHICH WILL OVERTAKE COLOMBO,
UNLESS COL DO SOMETHING ABOUT IT35.33

A WORLD BANK STUDY HAS FOUND THAT SL HAS BEEN RATED 92 OUT
OF 100,

SL SHOULD LEARN FROM OTHER WEBS

43.04
DUBAI IS A MAJOR HUB FOR SEA / AIR SERVICES DUE TO THE
FOLLOWING FACTORS , EXCELLENT PORT INFRASTRUCTURE FOR
IMPORT CLEARANCE FOR THE CARGO BEFORE THE CARGO ARRIVAL, SO
BEFORE THE CARGO IS ARRIVED ITS CLEARED, EFFICIENT
OPERATIONS FOR QUICK TRANSFER OF CARGO FROM THE MARINE
CONTAINER TERMINAL TO AIRCARGO, PRE ADCVANED BOOKINGS TO
MAKE AVAILABILITY OF AIRCARGO SPACE TO ALL MAJOR
DESTINATIONS, EASE OF DOCUMENTATIONS, WELL DEVELOPMENT
BANKING SYSTEM TO FUNDS TO FLOW TO SHIPPER FOR COLLECTING
AND REMITTANCE DUE TO FREE FLOW OF FOREIGN EXCHANGE
REMITTANCE FROM UAE.43.44

SINGAPORE – CONNECTIVITY TO THE WORLD AIR / SEA / TELECOM

SL IS LOCATED IN THE CENTER OF EAST AND WEST , GEOGRAPHIC

CENTRALITY
SEGMENT : MAIN
DATE : 23/11/07
REPORTER : ANOUK/LASHINI
SLUG : PIZZA – VTR

FOOD LOVERS ARE IN FOR A TREAT AS PIZZA HUT AND DELI-FRANCE

JOINED HANDS TO OPEN ITS FIRST OUTLET HOUSING BOTH
RESTAURANTS UNDER ONE ROOF.

THE OUTLET WAS OPENED IN BAMBALAPITIYA YESTERDAY.

ROLL VTR

SUPER:

Amar Raj Singh

Managing Director
Gamma Pizzakraft Lanka Pvt Ltd

INFO TAGS:

‘PIZZA HUT – DELIFRANCE’

Holds 70 seats plus a separate party room
VOICE OVER – LASHINI – 23/11/07 – PIZZA – VTR

THE COMBINED PIZZA HUT – DELIFRANCE OUTLET IS A RESULT OF

THE RELOCATION OF THE COLPETTY OUTLET OF PIZZA HUT AND THE
DUPLICATION ROAD OUTLET OF DELIFRANCE.

THE MANAGING DIRECTOR OF GAMMA PIZZAKRAFT LANKA PVT LTD

WHICH IS THE FRANCHISEE FOR PIZZAHUT & DELIFRANCE IN SRI
LANKA SAYS THAT THIS NEW CONCEPT WILL OFFER ITS CUSTOMERS
FREEDOM TO CHOOSE FROM A WIDE RANGE OF WORLD CLASS FOOD.

PLANS ARE ALREADY IN PLACE TO OPEN SEVERAL MORE COMBINED

PIZZA HUT – DELIFRANCE OUTLETS ESPECIALLY IN THE SOUTH.

07:44
IF YOU ASK ME THERE ARE AVAILABLE AROUND 8 OR 9 PIZZA HUTS
YOU CAN OPEN HERE, AND MANY MORE DELIFRANCES PARTICULARLY
THE SMALLER VERSION OF IT WHICH IS THE BREAD KIOSK IN THE
SUPERMARKETS
07:55

THE NEW OUTLET CAN ACCOMMODATE 70 CUSTOMERS AND IN EQUIPPED

WITH A PARTY ROOM FOR PIZZA HUT PATRONS.

ENDS
STOX

IT WAS A VOLATILE DAY OF TRADING AT THE CSE TODAY. THE

MARKET WAS MAINLY DOMINATED BY RETAILERS.

4 CROSSINGS TOTALING 1.81 MILLION SHARES TOOK PLACE ON E

CHANNELING AT 24 RUPEES AND 25 CENTS.

THE COMPANY SAW THE HIGHEST TRANSACTION OF SHARES OF 3.32

MILLION FOR THE DAY AND WAS FOLLOWED BY MAHAWELI REACH
HOTEL AND CEYLON LEATHER PRODUCTS.

E CHANNELING WAS ALSO THE TOP CONTRIBUTOR TO TURN OVER WITH

AN INPUT OF 81.48 MILLION RUPEES. CEYLON LEATHER WAS NEXT
IN LINE WHILE RIVERINA HOTELS FOLLOWED.

FOREIGN PURCHASES FOR THE DAY WAS AT 20.15 MILLION AND

FOREIGN SALES AT 16.7 MILLION

CARD 1
BOTH INDICES ENDED IN THE RED TODAY
THE ALL SHARE PRICE INDEX DROPPED 14.18 POINTS TO 2,584.78
WHILE THE MILANKA LOST 34.15 POINTS TO CLOSE THE DAY AT
3,407.68

THE DAY’S TURN OVER WAS RECORDED AT 299.7 MILLION RUPEES

CARD 2
LEADING THE DAY’S GAINERS WERE

CARD 3
WHILE TOPPED THE LOSERS LIST

FOREX RATES
CARD 4
CARD 5
SEGMENT : MAIN
DATE : 23/11/07
REPORTER : LASHINI
SLUG : FOOTWEAR – VTR

A THREE DAY TRADE EXHIBITION DISPLAYING FOOTWEAR AND

LEATHER PRODUCTS WILL GET UNDERWAY AT THE BMICH IN COLOMBO
TOMORROW.

THE EXHIBITION WHICH IS THE FIRST OF ITS KIND IS ORGANIZED

BY THE EXPORT DEVELOPMENT BOARD ALONG WITH OTHER STATUTORY
GOVERNMENT AGENCIES WILL SEE THE PARTICIPATION OF 150
EXHIBITORS.

ROLL VTR

INFO TAGS:
‘FOOTWEAR & LEATHER FAIR’

24th to 26th November at BMICH

SUPER:

Prof. G. L. Peiris – Cabinet Minister

Export Development & Int. Trade
VOICE OVER – LASHINI – 23/11/07 – FOOTWEAR – VTR

THE TRADE EXHIBITION IS AIMED AT PROMOTING LOCAL FOOTWEAR

AND LEATHER PRODUCT MANUFACTURERS.

ORGANIZERS BELIEVE THIS EVENT WILL PROVIDE THEM WITH A

PLATFORM TO SELL THEIR PRODUCTS TO LOCAL CUSTOMERS AND ALSO
BUILD LINKS WITH MAJOR BUYERS.

SRI LANKA CURRENTLY HAS AROUND 7 LARGE EXPORT COMPANIES, 30

MEDIUM SCALE COMPANIES AND ABOUT 3000 SMALL TIMERS IN THE
FOOTWEAR AND LEATHER INDUSTRY.

06:09
SRI LANKA IS IN A POSITION TO DEVELOP THIS INDUSTRY AND
PROVIDE EMPLOYMENT. I THINK AT PRESENT 20,000 PEOPLE ARE
DEPENDENT ON THIS INDUSTRY AND FORM THIS POINT OF VIEW AS
WELL THIS IS AN INDUSTRY WE ARE KEEN ON DEVELOPING
06:28

THE MINISTER FURTHER SAID THE LEATHER SECTOR WHERE THE

VALUE ADDITION IS AROUND 40 TO 50% NEEDS CONSTANT UPGRADING
IN ORDER TO KEEP PACE WITH INTERNATIONAL STANDARDS.

03:35
WE HAVE ALSO SPOKEN TO THE EU WITH REGARD TO SUPPORT,
TRAINING IN PARTICULAR SO CONSTANTLY THERE HAS TO BE AN
EFFORT TO UPLIFT THE PRODUCT IN ORDER TO MAKE IT OF
INTEREST TO SOPHISTICATED MARKETS OF THE WEST
03:55

ENDS.