clstE

STOCKEXCHANGE
21" January
2011
Company No : GL 12

To: All ListedCompanies

# 04-01WestBlock
World TradeCentre,EchelonSquare,
Colombo00100,SriLanka.
DearSir/Madam,
info@cse.lk
www.cse.lK

NO.01/2011
crRcuLAR

AMENDMENTS
TOTHETISTING
RULES
OFTHECOLOMBO _ SECTION
EXCHANGE
STOCK 2

TheListingRulesrelatingto the eligibilitycriteriafor the MainBoardand DiriSaviBoardhavebeenamendedby the CSE.

Theamendedruleswill be applicablewith effectfrom 1" April 2011.

AccordinglyRule2.1.2and Rule2.L3 of the CSEListingRuleswill be amendedas follows(amendments

are indicatedin
BOIDfont):

2.I LISTING
OFSHARES

2.L.2 Eligibility
to be listedon the Main Board

a. StatedCapitalof not lessthan RupeesFiveHundredMillion(Rs.500,

000,000/-)at the time of listing,

b. Net profitaftertax for three (3)consecutive

yearsimmediately
preceding
the dateof application,

c. PositiveNet Assetsas per the consolidatedauditedfinancialstatementsfor the last two (2) financialyears
immediatelyprecedingthe date of application,and,

d. A minimumPublicHoldingof 25%of the total numberof sharesfor whichthe listingis soughtwhichshallbe

i n t h e h a n d so f a m i n i m u mn u m b e ro f 1 , 0 0 0p u b l i cs h a r e h o l d ehr so l d i n gn o t l e s st h a n 1 0 0s h a r e se a c h T
. he
Exchange may accepta percentage lowerthan 25o/o of the total numberof listedsharesif the Exchange is
satisfied that suchlowerpercentage is sufficient for a liquidmarketin suchshares.

2,L.3 ETIGIBITITY
To BELISTED
oN THEDIRISAU BOARD

StatedCapitalof not lessthan RupeesHundredMillion(Rs.100,

000,000/-)at the time of listing,

b . Positive Net Assets as per the consolidatedaudited financial statementsfor the financial year
immediatelyprecedingthe date of application,

c, A minimumPublicHoldingof t0% of the total numberof sharesfor whichthe listingis soughtwhichshall

be in the handsof a minimumnumberof 100 publicshareholders holdingnot lessthan 100shareseach,
and,

d. An operatinghistoryof at leastone (1)yearimmediatelypreceding

the date of application.

Forthe purposesof Rules2.!.2c and 2.1.3b'Net Assets'shallmeantotal assetsafter deductingtotal liabilities,

. preference
sharecapitalandadvanceagainstsharecapital.

Yoursfaithfully,

Voice: +94112356456
Fa)c Clearing&SettlemenL +94112440396
GeneralManagel
Assistant
Finance & Administration: +94 ll 4627566
RegulatoryAffairs
Information Techn ology: +94 II 244O162
RegnlatoryAffairs: +94 II 2448925
Bushess Development: +94 71 2445279
Listing & CorporateAffairs: +94 11 2391128
ProductDevelopment& IssuerRelations:+94 112446898
vy€H,"[i?,tfi:s''* Hmm Resouce:+94 11 2440163