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The Case Study - Seylan Bank

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<strong>Seylan</strong> <strong>Bank</strong> PLC Annual Report 2009 2372009 2008*Ordinary Non-Voting Shares No. of Shares % No. of Shares %1. Lanka Orix Leasing Company PLC 19,733,400 15.97 – –2. Pershing LLC S/A Averbach Grauson & Co. 8,582,400 6.94 10,119,200 8.193. Browns Plantation Investments (Pvt) Limited 6,588,700 5.33 – –4. Taprobane Holdings Limited 5,607,800 4.54 – –5. Mr. S.V. Somasunderam 4,368,800 3.54 5,591,900 4.526. Mr. L.M.S.H. Alnaqib 3,000,000 2.43 – –7. Miss. M.D. Bollagala 2,937,300 2.38 – –8. Questnet Limited 2,409,500 1.95 – –9. Mr. T.T. Al-Nakib 2,021,900 1.64 – –10. Mr. W.K.V.M. Fernando 1,669,300 1.35 – –11. Mr. M.M. Udeshi 1,424,000 1.15 100 0.0012. Phoenix Ventures Limited 1,400,000 1.13 – –13. Prime Lands (Pvt) Limited 1,376,300 1.11 – –14. Mrs. K.W.S.H. Fernando 1,362,600 1.10 – –15. Mr. N.R. Somaiya 1,248,500 1.01 1,248,500 1.0116. Mr. E. Thavagnanasooriyam 1,183,900 0.96 500,000 0.4017. Employees’ Trust Fund Board 1,099,400 0.89 1,099,400 0.8918. Miss. S.A. Fernando 1,095,700 0.89 – –19. Mrs. S. Surendini 935,900 0.76 500,000 0.4020. Mr. H.W.M. Woodward 914,800 0.74 30,000 0.02Sub Total 68,960,200 55.81 19,089,100 15.45Balance Shares Held by other Non-Voting Shareholders 54,599,800 44.19 104,470,900 84.55(6,126 Shareholders) (5,642 Shareholders)Total Non-Voting Shares 123,560,000 100.00 123,560,000 100.00* Comparative shareholdings as at 31st December, 2008 of the twenty largest shareholders as at 31st December, 2009.

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