Ref: AFSL/..

/12
October 1, 2012
Mr. Nasir Uddin Ahmed
CEO
ICB Capital Management Limited
8 DIT Avenue, Dhaka-1000
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited (BSRM)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited (BSRM)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limited for your necessary action.
You may be aware that BSRM is involved in the business of power generation and supply to the
Government. Presently it has three plants in operation since 2008 with an aggregate capacity of
66MW and has been producing the installed power smoothly at full contracted capacity. During
last 4 years it has established excellent track record of smooth operation without any failure.
Based on experience and expertise in power plant operation it has taken mandate for
establishment of two more plants at Manikgonj and Nababgonj for an aggregate capacity of 110
MW. Agreed purchase period with the RPCL will be for 15 years and two special Purpose
Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka Northern
Power Generation Limited has already been formed. Signing of power purchase agreements
between two SPCs and Rural Power Company Limited is under process. As per mandate
DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export Credit
finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company indicating the amount so
that we can complete the formalities immediately. It may be noted that commission for
underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/595-2/12
15 July 2012

Mr. Md. Waliar Rahman

CEO
Sonali Investment Limited
11/A, SARA Tower (11th floor)
Toyenbee Circular Road
Motijheel C/A Dhaka 1000.
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company indicating the amount so
that we can complete the formalities immediately. It may be noted that commission for
underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/595-3/12
15 July 2012

Mr. Md. Anwar Hossain

CEO
Sonar Bangla Capital Management Ltd.
Paramount Heights(14th Floor),
65/2/1, Box Culvert Road,Paltan
Dhaka-1000
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company indicating the amount so
that we can complete the formalities immediately. It may be noted that commission for
underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/595-4/12
15 July 2012

Managing Director
One Bank Limited
HRC Bhaban
46 Kawran Bazar C/A
Dhaka-1215
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company indicating the amount so
that we can complete the formalities immediately. It may be noted that commission for
underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/595-5/12
15 July 2012

Managing Director
BD Finance Capital Holdings Ltd.
27, Dilkusha C/A
Dhaka 1000.
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company indicating the amount so
that we can complete the formalities immediately. It may be noted that commission for
underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/595-6/12
15 July 2012

Managing Director
Bangladesh Finance And Investment Company Ltd.
Baitul Hossain Building (2nd Floor)
27, Dilkusha C/A
Dhaka 1000.
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company indicating the amount so
that we can complete the formalities immediately. It may be noted that commission for
underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/595-7/12
18 July 2012
Mr. A.S.M Arif
Senior Vice President &
Head of Structured Finance Division
United Commercial Bank Ltd.
Corporate Head Office (Level-4)
Plot - CWS- (A)-1 Road No - 34
Gulshan avenue, Dhaka-1212
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July,2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/602/12
22 July 2012
Mr. Qazi Arif
Managing Director
NDB Capital Limited
Bilquis Tower(5th Floor)
Plot - 6 ,Gulshan 2
Dhaka-1212
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July,2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/602/13
22 July 2012
Khaled Yusuf Farazi
Managing Director & CEO
BRAC EPL Investments Limited
House#18, Road # 123
Gulshan, Dhaka1212
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July,2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/603/13
22 July 2012
Mr. Mustafizur Rahman
Managing Director
International Leasing And Financial Services Limited
Printers Building (14th Floor), 5 Rajuk Avenue,
Dhaka -1000, Bangladesh
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July, 2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/604/12
23 July 2012
Mr. Sheikh Mortuza Ahmed
Head of Division
Prime Bank Investment Limited
Peoples Insurance Bhaban (11th Floor),
36, Dilkusha C/A
Dhaka -1000, Bangladesh
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July, 2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/605/12
23 July 2012
Managing Director
AB Bank Limited
BCIC Bhaban
30-31, Dilkusha C/A
Dhaka -1000, Bangladesh
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July, 2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,

Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/606/12
23 July 2012
Mr. Mustofa Kamal
Chief Executive Office
PLFS Investment Ltd.
Paramount Heights (13th Floor)
65/2/1, Box Culvert
Road Purana Paltan,
Dhaka-1000, Bangladesh
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July, 2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,
Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/607/12
23 July 2012
Managing Director
BMSL Investment Ltd.
Sadharan Bima Tower(7th Floor)
37/A, Dilkusha C/A
Dhaka-1000, Bangladesh
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July, 2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,
Tapan K Podder
Managing Director
Enclosed: 1. Summary of the issue

Ref: AFSL/609/12
24 July 2012
Mr. Muhammad Anwar Hussain
Chief Executive Office
First Security Islami Capital & Investment Ltd.
Al-Amin Center(11th Floor)
25/A, Dilkusha C/A
Dhaka-1000, Bangladesh
Sub: Underwriting of shares of Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
Dear Sir
We are pleased to inform you that Bangladesh Steel Re-Rolling Mills Limited(DPGSL)
appointed us as the Manager for IPO of its shares under fixed price method. It is to be
mentioned that we are in the process to submit the draft prospectus to SEC within couple of
days.
We express our intention to engage you as an underwriter to the public issue, and forwarding
herewith brief on Bangladesh Steel Re-Rolling Mills Limitedfor your necessary action.
You may be aware that DPGSL is involved in the business of power generation and supply to
the Government. Presently it has three plants in operation since 2008 with an aggregate
capacity of 66MW and has been producing the installed power smoothly at full contracted
capacity. During last 4 years it has established excellent track record of smooth operation
without any failure. Based on experience and expertise in power plant operation it has taken
mandate for establishment of two more plants at Manikgonj and Nababgonj for an aggregate
capacity of 110 MW. Agreed purchase period with the RPCL will be for 15 years and two special
Purpose Companies (SPC) namely Dhaka Southern Power Generation Limited and Dhaka
Northern Power Generation Limited has already been formed. Signing of power purchase
agreements between two SPCs and Rural Power Company Limited is under process. As per
mandate DPGSL is arranging 70% of fund from Commerce Bank of Germany under Export
Credit finance. For the equity it has decided to go for IPO and are in the final stage to submit
application to SEC under fixed price method. Entire proceeds of the IPO will be utilized as
equity by subscribing the share capital of the SPCs.
Please confirm your interest to underwrite the shares of the company within 26 July, 2012
indicating the amount so that we can complete the formalities immediately. It may be noted that
commission for underwriting is fixed at 0.5%.
Yours Sincerely,
Suman Kumar Kundu
Manager
Enclosed: 1. Summary of the issue