ATTN: MS ANNIKA SENANAYAKE

RUNDOWN

THE STATE OF BUSINESS – 1ST FEB, 2008

CCPI FLASH RIYAD 00:36

CLOVES VTR ANOUK 00.50

ICICI VTR RIYAD 01:50

INDEPENDENCE 1 DRY NILANTHA 00.35

INDEPENDENCE 2 VTR NILANTHA 01:30

BREAK 1 - ADD STATE OF BUSINESS BRIDGE

EMBARKATION VTR SAMANTHA 02:00

CORPORATE BRIDGE

BAUR VTR RIYAD 01:00

BREAK 2 - STOCK WATCH

STOCK CARDS 01:30

STOCKS ROUND UP
CURRENCY CARDS 00.20

LINE UP EDITOR - ANOUK

ANCHOR - DAKSHITHA
headlines
1. computerized embarkation card system to save over 7 million rupees
annually, and
2. increase in food prices main reason for escalation in january ccpi

1. ccpi jan 2008- flash

the ccpi for the month of january 2008 had galloped by 347.6 index
points to 6320.5 index points, a jump of 5.8%.

according to the department of census and statistics this is an

increase of 702.9 rupees in the expenditure value in the market
basket when compared to december 2007.

according to the ccpi food has been the main cause for the surge in
the index as it has contributed 333.8 index points to the rise.

other consumables such as clothing, miscellaneous items, fuel and

light had contributed a total of 13.7 index points.

of the total increase in prices food items account for 5.61% mainly
due to an increase in the prices of vegetables by 2.61%, bread by
0.70% and coconut by 0.49%.

read on

2. clove- vtr

the price of cloves has dipped by over 100 rupees per kg to between
450 and 470 rupees per kg during january this year.

gulam chatoor, the past chairman of the spices and allied products
producers’ and traders association stated in a media release that
world clove prices have been falling, as are the prices at other
clove origins, indonesia and madagascar.

roll vtr

3. icici - janashakthi

janashakthi insurance has signed a strategic partnership agreement

with icici bank to offer bank assurance products to customers at
icici bank outlets.

the partnership agreement was penned last evening in colombo.

roll vtr

4. independence 1 – card

the government has planned a series of programs to celebrate sri

lanka’s 60th independence that falls on the 4th of this month.

the main independence day ceremony will be held at the galle face
under the patronage of president mahinda rajapaksa.

the government requests the public who wish to take part in this
event to gather near the lake house and from there free transport
will be provided to galle face.

the government also requests the public to observe a two-minute

silence from 8.52 to 8.54 am on monday in line with the main
independence day celebrations.

art tv will bring you the live coverage of sri lanka’s 60th
independence day celebrations on the 4th of february.

read on…

5. independence 2 – vtr

meanwhile, we also spoke to several professionals to obtain their

views on the challenges sri lanka faces on the eve of its 60th
independence anniversary.

roll vtr

break

6. embarkation - vtr

the department of immigration and emigration has introduced

computerized embarkation and disembarkation cards, enabling a saving
of 7 to 8 million rupees annually.

a ceremony to launch the new system was held in colombo yesterday.

7. corporate- baurs

one of the largest optical specialists in the world ciba vision the
eye care unit of novartis ag, signed a strategic partnership with
baurs limited to market its vision care range in sri lanka.
roll vtr

break

stox

analysts say the market was active today with the interim financial
statements of several companies being released.

ntb experienced a crossing of 1.18 million shares at 27.50 while

dockyard also saw a crossing of 170,000 shares at 60 rupees.

a total of 3 crossings took place on jkh amounting to 1.2 million

shares changing hands at 120 rupees.

ntb was the most heavily traded counter today with 1.52 million
shares moving. jkh and vallibel traded 1.23 million and 650,000
shares respectively.

the main contribution to turnover came from jkh to the value of 147.9
million rupees. ntb and dockyard followed with 41.7 million and 22.4
million rupees respectively.

foreign buying was at 212.4 million with foreign selling tagged at

183.8 million.

the all share notched up 7.43 points to end the day at 2,453.56 while
the milanka also gained 10.31 points, closing at 3,123.38.

turnover was at 358.1 million rupees.

the top gainers today were mtd walkers, kelani cables, mullers, york
arcade and acl, while the main losers were elpitiya, hotel services,
shaw wallace, vanik-non voting and pdl.

hnb assurance made a dividend announcement today.

now rajeev from hnb joins us for an overview of stock market

operations during this week.

forex RATES
card 5 & 6
SEGMENT: MAIN
DATE: 1ST FEB 08
REPORTER: ANOUK
SLUG: CLOVE- DRY

THE PRICE OF CLOVES HAS DIPPED BY OVER 100 RUPEES PER KG TO BETWEEN
450 AND 470 RUPEES PER KG DURING JANUARY THIS YEAR.

GULAM CHATOOR, THE PAST CHAIRMAN OF THE SPICES AND ALLIED PRODUCTS
PRODUCERS’ AND TRADERS ASSOCIATION STATED IN A MEDIA RELEASE THAT
WORLD CLOVE PRICES HAVE BEEN FALLING, AS ARE THE PRICES AT OTHER
CLOVE ORIGINS, INDONESIA AND MADAGASCAR.

ROLL VTR

TAG

‘EXPORT PERFORMANCE’
VOICE OVER

THE FORMER CHAIRMAN OF THE SPICES AND ALLIED PRODUCTS PRODUCERS’ AND
TRADERS ASSOCIATION STATES THAT WITH SRI LANKA CURRENTLY EXPERIENCING
A VERY GOOD CROP, PRACTICALLY ALL EXPORTS FROM SRI LANKA HAVE BEEN
ENTERING INDIA WHERE SRI LANKAN CLOVES ENJOY A ZERO TARIFF UNDER THE
FREE TRADE AGREEMENT.

IMPORTS INTO INDIA FROM OTHER ORIGINS ARE SUBJECT TO A 35% TARIFF.

INDIA’S ANNUAL CLOVE IMPORTS FROM ALL COUNTRIES ARE AROUND 9000 TO
10,000 TONNES, WHILE SRI LANKA’S CLOVE EXPORTS HAVE BEEN AROUND 2377
TONNES IN 2006.

GULAM CHATOOR SAYS THAT WITH SRI LANKA EXPERIENCING A GOOD CLOVE CROP
THIS YEAR EXPORTS WILL BE MUCH HIGHER.

MEANWHILE, THE SRI LANKA TEA BOARD SAYS THAT ACCORDING TO UNOFFICIAL
FIGURES RECEIVED TODAY, SRI LANKA’S TEA EXPORT REVENUE FOR 2007 HAS
FOR THE FIRST TIME SURPASSED THE 1 BILLION DOLLAR MARK, RECORDING AT
1.19 BILLION DOLLARS.

TOTAL TEA EXPORTS FOR 2007 WERE 309 MILLION 850,000 KG’S WHICH ALSO
INCLUDES A CERTAIN QUANTITY OF RE-EXPORTS.

ENDS/
SEGMENT: MAIN
DATE: 01/02/08
REPORTER: NK
SLUG: INDEPENDENCE 1 – CARD

THE GOVERNMENT HAS PLANNED A SERIES OF PROGRAMS TO CELEBRATE SRI

LANKA’S 60TH INDEPENDENCE THAT FALLS ON THE 4TH OF THIS MONTH.

THE MAIN INDEPENDENCE CEREMONY WILL BE HELD AT THE GALLE FACE UNDER
THE PATRONAGE OF PRESIDENT MAHINDA RAJAPAKSA.

THE GOVERNMENT REQUESTS THE PUBLIC WHO WISH TO TAKE PART IN THIS
EVENT TO GATHER NEAR THE LAKE HOUSE AND FROM THERE FREE TRANSPORT
WILL BE PROVIDED TO GALLE FACE.

THE GOVERNMENT ALSO REQUESTS THE PUBLIC TO OBSERVE A TWO-MINUTE

SILENCE FROM 8.52 TO 8.54 AM ON MONDAY IN LINE WITH THE MAIN
INDEPENDENCE DAY CELEBRATIONS.

ART TV WILL BRING YOU THE LIVE COVERAGE OF SRI LANKA’S 60TH
INDEPENDENCE DAY CELEBRATIONS ON THE 4TH OF FEBRUARY.

READ ON…
SEGMENT: MAIN
DATE: 01/02/08
REPORTER: NK
SLUG: INDEPENDENCE 2 – VTR

WE ALSO SOUGHT THE VIEWS OF SEVERAL PROFESSIONALS WITH REGARD TO SRI

LANKA’S POST INDEPENDENCE ERA.

ROLL VTR

SUPERS

S. T. Hettige
Professor & Chair of Sociology
University of Colombo

Deva Rodrigo
Former Chairman
Ceylon Chamber of Commerce

IN:
OUT:
SEGMENT: MAIN
DATE: 01/02/08
REPORTER: SAMANTHA
SLUG: EMBARKATION - VTR

THE DEPARTMENT OF IMMIGRATION AND EMIGRATION HAS INTRODUCED

COMPUTERIZED EMBARKATION AND DISEMBARKATION CARDS, ENABLING A SAVING
OF 7 TO 8 MILLION RUPEES ANNUALLY.

A CEREMONY TO LAUNCH THE NEW SYSTEM WAS HELD IN COLOMBO YESTERDAY.

SUPER

P. B. Abeykoon- Controller General

Department of Immigration & Emigration

Asoka Weerasinghe De Siva- Chairman

Sri Lanka Telecom Mobitel

TAG

‘NEW ARRIVAL/DEPARTURE CARDS’

Rs. 10 Mn. spent by Mobitel

to print new cards

“This will save around Rs. 7-8 Mn

annually..” – Abeykoon
VOICE OVER/ EMBARKATION/SAMANTHA/01-02-08

THE DEPARTMENT OF IMMIGRATION AND EMIGRATION IS ISSUING THESE NEW

COMPUTERIZED EMBARKATION AND DISEMBARKATION CARDS IN COLLABORATION
WITH SRI LANKA TELECOM MOBITEL.

MOBITEL SAYS THEY HAVE SPENT MORE THAN 10 MILLION RUPEES TO IMPLEMENT
THIS NEW SYSTEM WHILE THE PRINTING OF THE NEW COMPUTERIZED CARDS HAS
COST A TOTAL OF 7 MILLION RUPEES, AT A COST OF AROUND 70 CENTS PER
CARD.

ACCORDING TO THE DEPARTMENT OF IMMIGRATION AND EMIGRATION EARLIER

THEY PRINTED FIVE MILLION ARRIVAL AND DEPARTURE CARDS PER YEAR, WITH
2 RUPEES BEING SPENT ON PRINTING EACH CARD.

HOWEVER, SINCE THE NEW COMPUTERIZED CARD CAN BE USED OVER AGAIN, THE
CONTROLLER GENERAL OF IMMIGRATION & EMIGRATION BELIEVES THE
GOVERNMENT CAN SAVE AROUND 7 TO 8 MILLION RUPEES ANNUALLY THROUGH
THIS NEW SYSTEM.

THIS INITIATIVE HAS ALSO BENEFITED THE DEPARTMENT IN THAT IT

COMPELLED THEM TO ARCHIVE THE INFORMATION AT LEAST FOR TEN YEARS, FOR
FUTURE REFERENCE.

VOICE CUT- DEPARTMENT

18:13
LEGAL SYSTEM OF THE COUNTRY, COURTS, SOME INTELLIGENCE AGENCIES SUCH
AS C.I.D, NATIONAL INTELLIGENCE BUREAU AND ALSO DEPARTMENT INQUIRIES
WE NEED THE INFORMATION OF THE PASSENGERS THROUGH OUT THE YEARS,
MOSTLY TEN YEARS SO IT IS VERY DIFFICULT TO GET THE INFORMATION AT
THE PRESENT SYSTEM BUT INTRODUCING THIS NEW SYSTEM WE WILL BE ABLE TO
GET INFORMATION WITHIN 5 SECOND.
18:46
++
VOICE CUT-MOBITEL

12:23
CARDS USED IN SRI LANKA FOR A DECADES WAS THE HAND WRITTEN MANIPULATE
CARD, YOU SEE IS TIME TO GO TO WITH MODERN TECHNOLOGY BECAUSE IT IS
PROBLEM FOR THE IMMIGRATION AND EMIGRATION DEPARTMENT ALSO TO THE
STOCK THESE USED CARDS AT LEAST THEY HAVE TO KEEP ITS FOR 10 YEARS.
THEREFORE THEY THOUGH OF GETTING NEW TECHNOLOGY INTO THIS AND OF
COURSE THIS SHOWS THE GOVERNMENT SECTOR AND PRIVATE SECTOR CAN GET
TOGETHER AND HAVE WEALTHY CONTRIBUTION TO PEOPLE OF THIS COUNTRY.
13:29

END/
SEGMENT: MAIN
DATE: 1ST FEBRUARY 2008
REPORTER: RIYAD R.
EDITOR: ANOUK T.
SLUG: ICICI - JANASHAKTHI

JANASHAKTHI INSURANCE COMPANY PRIVATE LIMITED HAS SIGNED A STRATEGIC

PARTNERSHIP AGREEMENT WITH ICICI BANK TO OFFER BANK ASSURANCE
PRODUCTS TO CUSTOMERS AT ICICI BANK OUTLETS.

THE PARTNERSHIP AGREEMENT WAS PENNED LAST EVENING IN COLOMBO.

ROLL VTR

Super

Ravi Liyanage
General Manager – Sales & Marketing
Janashakthi Insurance Co. (Pvt) Ltd.

Prem Kumar Thampi

Country Head
ICICI Bank

TAG
“INSURANCE UNDER ONE ROOF”
VOICE OVER / ICICI – JANASHAKTHI / RIYAD / 4TH FEBRUARY 2008 / - VTR

TRADITIONALLY INTEGRATING DIVERSE FINANCIAL SERVICES UNDER ONE

PLATFORM WAS NOT POSSIBLE DUE TO LEGAL AND STATUTORY REQUIREMENT
ISSUES THAT CROP UP WHEN SUCH PRODUCTS ARE FORMULATED – A PHENOMENON
WHICH EXPERTS SAY IS CHANGING.

2.35 RAVI
AS A RESULT OF DEREGULATION IN THE WORLD ESPECIALLY IN FINANCIAL
SERVICE, WE HAVE SEEN TREMENDOUS GROWTH AND SUCCESS OF BANK ASSURANCE
BUSINESS IN THE WORLD 1.54

ACCORDING TO THE LARGEST INSURANCE RESEARCH COMPANY IN THE WORLD

LIMRA INTERNATIONAL OF USA, PEOPLE ARE MORE LIKELY TO BUY INSURANCE
PRODUCTS SOLD AT BANKS RATHER THAN AT INSURANCE COMPANIES DUE TO THE
CONVENIENCE SUCH AN OPTION AFFORDS TO THE END USER.

JANASHAKTHI’S GENERAL INSURANCE PRODUCTS SUCH AS FULL OPTION,

AWARANAYA, WORLDWIDE, E-MARINE AND TITLE INSURANCE WILL BE INITIALLY
OFFERED UNDER THE SPECIAL AGREEMENT.

IT’S LIFE INSURANCE PRODUCTS SUCH AS LOAD GUARD, RETIREMENT PRODUCTS

SUCH AS VISHRAMA WILL ALSO BE AVAILABLE UNDER ONE ROOF THROUGH THIS
PARTNERSHIP.

11.52 PREM
WE BELIEVE THAT INSURANCE PRODUCTS THAT IS ONE OF THOSE PRODUCTS
WHICH AN INDIVIDUAL WOULD LIKE TO ACQUIRE THROUGH A BANKING CHANNEL
AND AS HE WAS POINTING OUT BANKING CHANNELS IS ONE OF THE LARGEST
DISTRIBUTION CHANNELS ACROSS THE WORLD AND INDIA TOO WE HAVE BEEN
PROVIDING THAT DURING THE LAST FEW YEAR. 12.15 AND WE BELIEVE THAT WE
CAN MAKE A DIFFERENCE IN THE LOCAL MARKET ALSO, THROUGH A BANK
ASSURANCE TIE UP WITH JICL 12.22

ENDS/
SEGMENT: CORPORATE
DATE: 31ST JANUARY 2008
REPORTER: RIYAD R.
EDITOR: ANOUK T.
SLUG: BAURS

ONE OF THE LARGEST OPTICAL SPECIALISTS IN THE WORLD CIBA VISION THE
EYE CARE UNIT OF NOVARTIS AG, SIGNED A STRATEGIC PARTNERSHIP WITH
BAURS LIMITED TO MARKET ITS VISION CARE RANGE IN SRI LANKA.

ROLL VTR

Super

Shamal Fernando
Marketing Manager
A. Baur & Co. Ltd.

‘COLOURBLENDS’
VOICE OVER / BAURS / RIYAD / 31ST JANUARY 2008 / VTR

CIBA VISION’S FRESHLOOK COLOURBLENDS IS DEEMED AS THE WORLDS BEST

SELLING COLRO CONTACT LENS BRAND AND THE DISPOSABLE LENSES GIVE ITS
USERS THE MOST NATURAL EYE COLOUR CHANGE WITH ITS PATENTED 3 IN 1
COLOUR TECHNOLOGY.

LOCAL AGENTS BAUR AND COMPANY STATED THAT VISION CARE PRODUCTS FROM
CIBA VISION ARE AVAILABLE IN SRI LANKA IN A PACK OF 2 LENSES AND THE
COLOUR OPTIONS INCLUDE BLUE, GREEN, PURE HAZEL, GREY, AMETHYST,
HONEY, TURQUOISE, BROWN AND TRUE SAPPHIRE.

CUT

ENDS/
SEGMENT: MAIN
DATE: 1ST FEBRUARY 2008
REPORTER: RIYAD R.
EDITOR: ANOUK T.
SLUG: CCPI JAN 2008- FLASH

THE CCPI FOR THE MONTH OF JANUARY 2008 HAD GALLOPED BY 347.6 INDEX
POINTS TO 6320.5 INDEX POINTS, A JUMP OF 5.8%.

ACCORDING TO THE DEPARTMENT OF CENSUS AND STATISTICS THIS IS AN

INCREASE OF 702.9 RUPEES IN THE EXPENDITURE VALUE IN THE MARKET
BASKET WHEN COMPARED TO DECEMBER 2007.

ACCORDING TO THE CCPI FOOD HAS BEEN THE MAIN CAUSE FOR THE SURGE IN
THE INDEX AS IT HAS CONTRIBUTED 333.8 INDEX POINTS TO THE RISE.

OTHER CONSUMABLES SUCH AS CLOTHING, MISCELLANIES, FUEL AND LIGHT HAD

CONTRIBUTED A TOTAL OF 13.7 INDEX POINTS.

OF THE TOTAL INCREASE IN PRICES FOOD ITEMS ACCOUNT FOR 5.61% MAINLY
DUE TO AN INCREASE IN THE PRICES OF VEGETABLES BY 2.61%, BREAD BY
0.70% AND COCONUT BY 0.49%.

READ ON