14-12-2010 16:06 @ 94 11 2627045 (@ HAYLEYS PLC-FINANCE 001 HAYLEYS PLE 1 0 Box /U, 400 Deans Road, Coloinbo 10, Sn Lanka, “ tate ayleys sce 8 14" December, 2010. the Manager, Regulatory Alfairs, Colombo Stack Exchange, 104-01, West Block, World Trade Centre Echelon Square coromeo 1 Dear Sit CORPORATE DISCLOSURE UNDER SECTION 8 OF THE CSE RULES We wish to advise you that, on the recommendation made by Its Nomination Committee, the Board of Directors of Hayleys PLC has decided to extend the contract of employment of Mr. A.M. Pandithage as Chairman and Chief Executive of Hayleys PLC, for a further period of five years (05 years) from 2012, Thank you On behalf of the Board HAYLEYS PLC 5 CGanegoda Director