Interim Financial Statements - Colombo Stock Exchange

Interim Financial StatementsFor Six Months Ended 30th June 2012Ceylinco Insurance PLC

Balance SheetConsolidatedCompanyAs at 30.06.2012 31.12.2011 30.06.2012 31.12.2011Rs.’000 Rs.’000 Rs.’000 Rs.’000Investments 43,640,913 42,693,108 43,008,448 42,060,825Investment Property 3,144,439 3,212,090 3,144,439 3,212,090Investments in Subsidiaries - - 1,387,459 1,387,459Investments in Associates 884,407 782,457 328,143 328,143Intangible Assets 218,438 231,152 24,094 36,808Property, Plant & Equipment 7,853,997 7,418,405 5,204,440 5,065,660Leasehold Rights 26,728 26,728 21,992 21,992Loans to Life Policyholders 868,672 771,905 868,672 771,905Reinsurance Receivable 1,876,780 1,905,304 1,788,718 1,854,919Premium Receivable 2,106,806 2,167,524 1,921,892 1,929,915Deferred Tax Asset 310,934 310,934 304,672 304,672Other Assets 4,668,213 3,972,435 4,327,841 3,825,733Cash at bank and in hand 1,179,602 769,004 924,071 531,675Total Assets 66,779,929 64,261,046 63,254,881 61,331,796Liabilities and Shareholders’ EquityLiabilitiesInsurance Provision - Life 41,777,783 38,203,473 41,777,783 38,203,473Unit Linked Fund - Life 153,301 146,659 153,301 146,659Insurance Provision - Non Life 6,798,668 6,660,532 6,582,651 6,536,751Obligation to Repurchase Securities 1,458,028 3,856,822 1,458,028 3,856,822Deferred Tax Liabilities 25,367 37,207 - -Other Liabilities 2,882,320 2,793,371 1,652,127 1,577,583Reinsurance Payable 719,689 287,975 489,951 246,085Agency Commission Payable 529,149 481,693 512,268 474,907Policyholders’ Advance Payments 327,016 281,193 327,016 281,193Bank Overdraft 937,076 619,538 912,584 558,278Total Liabilities 55,608,397 53,368,463 53,865,709 51,881,751Shareholders’ EquityEquity Attributable to Equity Holders of the ParentStated Capital 1,324,822 1,324,822 1,324,822 1,324,822Revaluation Reserve 2,138,839 2,150,126 1,674,994 1,686,281Revenue Reserves 7,121,040 6,962,918 6,389,356 6,438,94210,584,701 10,437,866 9,389,172 9,450,045Minority Interest 586,831 454,717 - -Total Equity 11,171,532 10,892,583 9,389,172 9,450,045Total Liabilities and Shareholders’ Equity 66,779,929 64,261,046 63,254,881 61,331,796The notes form an integral part of the financial statements.These Financial Statements are prepared in compliance with the requirements of the Companies Act No.07 of 2007.Sgd.D W P UpaliChief Financial Officer-Non Life InsuranceSgd.P A JayawardenaChief Financial Officer- Life InsuranceThe Board of Directors are responsible for the preparation and presentation of these financial statements.for and on behalf of the BoardSgd. Sgd. Sgd.A R Gunawardena R Renganathan T N M PeirisManaging Director/Chief Executive Officer (Non Life Insurance) Managing Director/Chief Executive Officer (Life Insurance) Director - Finance10th August 2012Ceylinco Insurance PLC - Interim Financial Statements1 Six Months Ended 30th June

Statement of IncomeNotes Consolidated CompanyFor Six Months Ended 30th June 2012 2011 change 2012 2011 changeRs.’000 Rs.’000 % Rs.’000 Rs.’000 %Revenue 3 12,351,007 10,667,292 16 11,370,624 10,401,528 9Gross Written Premium 4 10,790,657 9,746,115 11 10,477,521 9,598,962 9Less: Premium Ceded to Reinsurers (1,334,903) (1,058,180) 26 (1,090,464) (963,824) 13Net Written Premium 9,455,754 8,687,935 9 9,387,057 8,635,138 9Net Change in Reserve for Unearned Premium (270,534) (260,490) 4 (259,977) (234,458) 11Net Earned Premium 9,185,220 8,427,445 9 9,127,080 8,400,680 9Revenue from Other Operations 877,549 244,361 259 - - -Benefits, Losses and Expenses10,062,769 8,671,806 16 9,127,080 8,400,680 9Insurance Claims and Benefits (Net) (3,736,127) (3,676,643) 2 (3,730,246) (3,674,855) 2Increase in Life Insurance Fund (3,574,310) (3,141,992) 14 (3,574,310) (3,141,992) 14Underwriting and Net Acquisition Costs (1,077,757) (985,253) 9 (1,091,980) (988,242) 10(Including Reinsurance)Total Benefits, Losses and Expenses (8,388,194) (7,803,888) 7 (8,396,536) (7,805,089) 8Cost of Sales of Subsidiaries (237,488) (36,383) 553 - -Other Revenue(8,625,682) (7,840,271) 10 (8,396,536) (7,805,089) 81,437,087 831,535 73 730,544 595,591 23Income from Investments 2,142,932 1,907,997 12 2,141,645 1,884,275 14Other Income 145,306 87,489 66 101,899 116,573 (13)ExpensesOther Operating, Investment Relatedand Administrative Expenses (3,128,720) (2,256,402) 39 (2,673,838) (2,159,251) 24Depreciation (193,960) (203,505) (5) (109,475) (152,423) (28)Profit from Operations 402,645 367,114 10 190,775 284,765 (33)Interest Expense (7,669) (39,681) (81) (18,121) (16,536) 10Share of Profit/(Loss) from Associates 101,950 102,024 (0) - -Profit before Taxation 496,926 429,457 16 172,654 268,229 (36)Income tax expenses 5 (68,333) (67,775) 1 (50,545) (64,215) (21)Profit for the Period 428,593 361,682 18 122,109 204,014 (40)Minority Interest (98,776) (17,324) 470 - -Net Profit for the Period 329,817 344,358 (4) 122,109 204,014 (40)Figures in bracket indicate deductionsBasic Earnings Per Share (Rs.) 12.49 13.04 4.62 7.72Dividend Per Share Group CompanyNote 30.06.2012 30.06.2011 30.06.2012 30.06.2011Final Dividend Paid 07 6.50 5.50 6.50 5.50Interim Dividend Paid - - - -6.50 5.50 6.50 5.50Ceylinco Insurance PLC - Interim Financial Statements2 Six Months Ended 30th June

Bioprocess Biosyst EngTable 2 Description of parameters in the multicompartment modelParameter Description Rate equations Referencesk a Ammonification constant r a = k a C ON [2] u N Nitrosomonas growth rate r n ¼ uNY Ne 0:098ðT 15Þ C½1 0:833ð7:2 pHÞŠAN C DO[17]1þC AN 1:3þC DO Y N Nitrosomonas yield coefficient r n ¼ uNY Ne 0:098ðT 15Þ ½1 0:833ð7:2 pHÞŠ[17]K 20d Denitrification rate ðT 20Þr d ¼ K 20d hdC AN1þC ANC DO1:3þC DO[18]Table 3 Experimental data collected in March 2009Sample sources Org. N (lg L –1 ) NH 3 (lg L -1 ) NO 2 ? NO 3 (lg L -1 )4th 18th 31st 4th 18th 31st 4th 18th 31stSeptic effluent 501 752 998 40,137 49,787 49,951 117 55 22Aerobic zone 745 1,119 804 8,279 11,359 11,331 29,342 42,808 31,322Anoxic zone 1,396 226 843 13,184 8,996 15,687 5,937 6,691 7,731Anaerobic zone 308 896 1,061 16,609 13,726 16,638 9 18 8Removal efficiency (%) 4.4 ± 30.3 65.9 ± 6.9 74.4 ± 15.6Fig. 4 Tracking of DO and pH along the aerobic (left data points),anoxic (middle data points) and anaerobic (right data points) zones inthe media filter systemsystem dynamics model also has algebraic equations,stemming from material balances on total amountsinvolving pool masses and the rate constants. In this study,STELLA Ò , an advanced graphical system programmingdynamic software package, was used to develop themathematical model for the media filter. The stock andflow diagram of nitrogen removal model is presented inFig. 3. Table 1 summarizes the description of symbols instock and flow diagram of aerobic zone in Fig. 3. Similarnaming rule was also applied to ‘‘anoxic’’ and ‘‘anaerobic’’zones. Sensitivity analysis was finally performed based onthe identified rate constants and possible variability whichwere used to calculate varying direct nutrient removalunder changing inflow conditions. It provides additionalinformation about the robustness of this media filter treatmentprocess.The following Eqs. 1–3 are used to predict the organicnitrogen (ON), NH 3 , and the oxidized nitrogen(NO 2 ? NO 3 ). The unit form, lg L -1 day -1 , was used forall flows and lg L -1 for all stocks. Since the stocks havetheir own outflow to reach a steady-state condition, thevalue in stock can be read as the ‘‘instantaneous concentration’’in a unit volume or a point (i.e., sampling port). Vis considered as the effective volume (product of volumeand porosity) of each zone. dt is the time infinitesimal. Inthis study, March 2009 was picked up as the experimentperiod. The description of parameters in the multicompartmentmodel is listed in Table 2, all of which arerequired to be optimized (i.e., well-fitted) during the modelcalibration stage.dON=dt ¼ Q inV inON indNH 3 =dt ¼ Q inV inNH 3indNO ð 2 þ NO 3Results and discussionQ outV outON out r a ð1ÞQ outV outNH 3out þ r a r n ð2ÞÞ=dt ¼ Q inQ outðNO 2 þ NO 3 ÞV in inThe performance of media filterV out ðNO 2 þ NO 3 Þ outþr n r d ð3ÞThe performance of media filter in regard to both the flowpatterns and the removal efficiencies were tested and are123

Cash Flow StatementConsolidatedCompanyFor Six months ended 30th June 2012 2011 2012 2011Rs.’000 Rs.’000 Rs.’000 Rs.’000Cash Flows from Operating ActivitiesCash Flows from Operating ActivitiesPremiums/Revenue received from Customers 11,792,650 10,130,794 10,591,062 9,743,434Reinsurance Premiums (net of Commission) Paid (770,000) (939,801) (713,409) (935,028)Commission Paid (1,225,515) (1,103,518) (1,218,071) (1,097,680)Claims and Benefits Paid (4,225,419) (4,172,731) (4,214,667) (4,158,406)Reinsurance Receipts in respect of Claims & Benefits 406,162 738,175 367,687 718,417Interest and Dividends Received 1,656,305 1,642,953 1,639,841 1,637,051Other Operating Cash Payments (3,629,708) (2,377,520) (2,741,932) (2,160,762)Other Income 58,149 26,979 31,799 36,233Interest paid (36,113) (39,681) (18,121) (16,536)Net Cash Flows from Operating Activities 4,026,511 3,905,650 3,724,189 3,766,723Cash Flows from Investing ActivitiesInvestment in Subsidiaries - (10,000) - (10,000)Disposal of Associates - 92,740 - 92,740Disposal of Investment property 67,650 6,337 67,650 6,337Purchase of Liquid Investments (Other than Cash Equivalents) (147,650,172) (64,222,969) (147,532,539) (64,138,865)Purchase of Other Investments (Other than Cash Equivalents) (942,019) (2,345,923) (1,055,663) (2,332,923)Disposal of Liquid Investments (Other than Cash Equivalents) 146,870,724 62,581,884 146,868,519 62,581,301Disposal of Other Investments (Other than Cash Equivalents) 794,771 662,971 777,094 510,149Purchase of Intangible Assets (1,811) (5,173) (1,811) (5,173)Purchase of Property, Plant & Equipment (667,158) (861,414) (283,364) (829,389)REREPO Borrowings (net) (2,398,794) (655,642) (2,398,794) (655,642)Proceeds from Disposal of Property, Plant & Equipment 48,153 792,458 44,503 792,278Net Cash Flows from Investing Activities (3,878,656) (3,964,731) (3,514,405) (3,989,187)Cash Flows from Financing ActivitiesLong Term Loan 118,151 (208,117) - -Proceeds from Issue of Shares 9,200 100,000 - -Dividend Paid (182,146) (150,304) (171,694) (145,280)Net Cash Flows from Financing Activities (54,795) (258,421) (171,694) (145,280)Net Cash Flows 93,060 (317,502) 38,090 (367,744)Cash and Cash Equivalents at the beginning of the year 149,466 376,268 (26,603) 206,957Cash and Cash Equivalents at the end of the quarter 242,526 58,766 11,487 (160,787)Increase / (Decrease) in Cash and Cash Equivalents 93,060 (317,502) 38,090 (367,744)Ceylinco Insurance PLC - Interim Financial Statements5 Six Months Ended 30th June

Industry Segment Data - Statement of Income 2012For Six Months Ended 30th JuneNon - Life Life Healthcare Power Foreign Education Other TotalInsurance Insurance Generation Oper.Male Services OperationsRs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000Revenue 4,483,281 6,887,343 116,396 69,667 83,472 720,370 (9,522) 12,351,007Benefits, Lossesand expenses (2,674,113) (5,722,423) (22,672) (15,371) 8,342 (199,445) - (8,625,682)Expenses (1,631,164) (1,152,149) (82,491) (38,541) (45,124) (371,202) (2,009) (3,322,680)Profit from Operations 178,004 12,771 11,233 15,755 46,690 149,723 (11,531) 402,645Interest Expense (13,730) (4,391) (136) (11,891) - (2,815) 25,294 (7,669)Income from Associates - - - - 101,950 101,950Profit before Taxation 164,274 8,380 11,097 3,864 46,690 146,908 115,713 496,926Income Tax Expense (50,545) - (3,098) - - (14,690) - (68,333)Profit for the Period 113,729 8,380 7,999 3,864 46,690 132,218 115,713 428,593Industry Segment Data - Statement of Income 2011For Six Months Ended 30th JuneForeignNon - Life Life Healthcare Power Foreign Other TotalInsurance Insurance Generation Oper.Male OperationsRs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000 Rs.’000Revenue 4,084,905 6,316,623 112,762 132,647 21,054 (699) 10,667,292Benefits, Losses and expenses (2,620,210) (5,184,879) (21,110) (15,273) (8,778) 9,979 (7,840,271)Expenses (1,232,895) (1,078,779) (76,604) (44,380) (22,334) (4,915) (2,459,907)Profit from Operations 231,800 52,965 15,048 72,994 (10,058) 4,365 367,114Interest Expense (10,584) (5,952) (163) (19,576) (3,146) (260) (39,681)Share of Profit/(Loss) from Associates - - - - 102,024 102,024Profit before Taxation 221,216 47,013 14,885 53,418 (13,204) 106,129 429,457Income Tax Expense (64,215) - (1,960) - - (1,600) (67,775)Profit for the Period 157,001 47,013 12,925 53,418 (13,204) 104,529 361,682Ceylinco Insurance PLC - Interim Financial Statements6 Six Months Ended 30th June

Supplementary Balance Sheet (Life)As at 30.06.2012 31.12.2011Rs’000 Rs’000AssetsInvestments 36,882,308 36,513,083Investments pertaining to Shareholders 1,361,389 1,425,660Investment Property 1,809,687 1,809,686Investment Property Pertaining to Shareholders 259,120 259,120Intangible Assets Pertaining to Shareholders 24,094 36,808Property,Plant & Equipment 3,101,262 3,009,445Property,Plant & Equipment Pertaining to Shareholders 374,329 392,288Loans to Life Policyholders 868,672 771,905Reinsurance Receivables 33,908 23,857Deferred Tax Asset Pertaining to Shareholders 335,565 335,564Other Assets 2,432,520 2,043,734Other Assets pertaining to Shareholders 1,162,131 1,126,628Cash and Cash Equivalents 890,478 498,533Cash and Cash Equivalents Pertaining to Share Holders 186 210Total Assets 49,535,649 48,246,521EquityStated Capital 358,752 358,752Retained Earnings Pertaining to ShareholdersRetained Earnings 3,095,943 3,155,4113,095,943 3,155,411ReservesRevaluation Reserve 1,013,852 1,025,139Revaluation Reserve pertaining to Shareholders 62,118 62,118LiabilitiesInsurance Provision - Long Term 41,777,783 38,203,473Unit Linked Fund 153,301 146,659Obligation to Repurchase Securities 958,028 3,591,822Reinsurance Payable 61,158 27,142Agency Commission Payable 129,903 137,605Policyholders’ Advance Payments 327,016 281,193Other Liabilities 757,259 725,339Bank Overdraft 840,536 531,868Total Liabilities 45,004,984 43,645,101Shareholders’ Equity & Liabilities 49,535,649 48,246,521Ceylinco Insurance PLC - Interim Financial Statements7 Six Months Ended 30th June

Notes to the AccountsFor Six Months ended1) The figures as at 30th June 2012 are provisional and subject to audit.2) Accounting policies and method of computationSame accounting policies and methods of computation have been followed when preparing the financial statements ascompared with the financial statements prepared and published as at 31.12.2011.3) RevenueConsolidatedCompany2012 2011 2012 2011Rs.’000 Rs.’000 Rs.’000 Rs.’000Gross Written Premium 10,790,657 9,746,115 10,477,521 9,598,962Less Premium Ceded to Reinsurance (1,334,903) (1,058,180) (1,090,464) (963,824)Net Written Premium 9,455,754 8,687,935 9,387,057 8,635,138Net Changes in Reserve for Unearned Premium (270,534) (260,490) (259,977) (234,458)Net Earned Premium 9,185,220 8,427,445 9,127,080 8,400,680Investment Income 2,142,932 1,907,997 2,141,645 1,884,275Revenue from other Operation 877,549 244,361 - -Other Income 145,306 87,489 101,899 116,573Total 12,351,007 10,667,292 11,370,624 10,401,5284) Gross Written PremiumConsolidatedCompany2012 2011 2012 2011Rs.’000 Rs.’000 Rs.’000 Rs.’000Non-life 5,791,322 5,083,233 5,478,186 4,936,080Life 4,999,335 4,662,882 4,999,335 4,662,882Total Gross Written Premium 10,790,657 9,746,115 10,477,521 9,598,9625) Ceylinco Insurance PLC is liable to income tax at the rate of 28% in terms of the Inland revenue Act,No.10 of 2006 and subsequentamendments thereto.6) No transfers have been made from or to Life Fund during the quarter since the actuarial valuation is carried out at the end of the year.7) The Final Dividend of Rs.6.50 per share (Rs.171,694,120.00) proposed by the Directors for the financial year ended 31st December2011, has been approved by the shareholders at the Annual General Meeting held on 03rd April 2012 and paid accordingly.8) No circumstances have arisen since the last Balance Sheet date which would require adjustments to or disclosure in the Interim FinancialStatements other than those disclosed in above Note No.07.9) There has not been a significant change in the nature of the Contingent Liabilities and Contingent Assets which were disclosed in theAnnual Report for the year ended 31st December 2011.10) The nature of Related Party transactions in the period under review is similar to those reported in the Annual Report in Year 2011.11) Ceylinco Insurance PLC has not presented the Segmental Information for Education Services for 2011 since the company hasconsolidated CEG Education Holdings (Pvt) Ltd. with effect from 07th December 2011.Ceylinco Insurance PLC - Interim Financial Statements8 Six Months Ended 30th June

Notes to the Accounts12) Application of New/Revised Sri Lanka Accounting Standards (SLFRS/LKAS)The Institute of Chartered Accountants of Sri Lanka has issued new /revised Sri Lanka Accounting Standards which has becomeapplicable for financial periods commencing after 1st January 2012. As per the Ruling issued on 02.03.2012 by the Institute of CharteredAccountants of Sri Lanka on “Preparation of Interim Financial Statements as per LKAS 34”, the Company has published the interimfinancial statements under Option 2 by presenting them in accordance with the Sri Lanka Accounting Standards (SLASs) which existedimmediately prior to 01.01.2012.Accordingly, these interim financial statements have been prepared based on accounting policies applied during the financial year ended31st December 2011which were complying with Sri Lanka Accounting Statndards.In order to assist the New Standards implementation, the Company has appointed external consultants.Based on the Company’s preliminary assessment, the accounting policies of the following areas would change and may have impact onthe financial statements.- Investments (Financial Instruments)- Insurance Contracts- Loans granted to Staffs- Business combinationThe Company is in the process of quantifying the impact on the financial statements arising from such changes in accounting policies.Further, the Company will perform Liability Adequacy Test in respect of Insurance provisions as required by SLFRS 4 at the year end.13) Share InformationAs atAs at30.06.2012 31.12.2011Net Asset per Share (Rs.) 355.46 357.76Market Prices recorded during the quarter Current Period Preceding Period(Rs.)(Rs.)Highest PriceVoting 1,250.00 950.00Non Voting 335.00 360.30Lowest PriceVoting 700.00 620.00Non Voting 300.00 280.00Last Traded PriceVoting 801.50 700.00Non Voting 305.00 330.00Ceylinco Insurance PLC - Interim Financial Statements9 Six Months Ended 30th June

Share InformationSUBSTANTIAL SHAREHOLDINGSThe 20 Major Shareholders as at 30/06/2012 (Voting)Holding as at % of the30/06/2012 issued ShareNo. of Shares CapitalShareholder as at 30/06/2012Ciesot (Private) Limited 4,571,891 22.86Global Rubber Industries (Private) Limited 4,324,525 21.62Pictet & Cie 2,136,100 10.68Ceylinco Insurance PLC A/C No. 03 (Employees’ Gratuity Trust Fund) 1,811,544 9.06Mr. Prabhash Subasinghe 872,100 4.36Ceylinco Insurance PLC A/C No. 04 (Pension Fund) 737,900 3.69Citizens Development Business Finance PLC 564,000 2.82Mr. Watuthanthrige Chakrine Jagath Alwis 526,692 2.63Global Sea Foods (Private) Limited 526,000 2.63Castle Realty (Private) Limited 525,400 2.63Ceylinco Insurance PLC - A/C No. 05 (The Pension Trust Fund of Ceylinco Insurance PLC) 377,951 1.89Est. of Mrs. Manjula Morarji Udeshi 194,530 0.97Mr. Rajkumar Renganathan (Mr. R. Renganathan 121,124 shares and joint withMrs. T.R.S. Renganathan 3,626 shares) 124,750 0.62Mr. Ajith Rohan Gunawardena (Mr. A.R. Gunawardena 130 shares and joint withMrs. K.S. Gunawardena 119,359 shares) 119,489 0.60National Development Bank of Sri Lanka / Mouldex Limited 95,880 0.48Mr. Jivaka Lalith Bhupendra Kotelawala (Mr. J.L.B. Kotelawala 36,745 shares andjoint with Mrs. S.P.C. Kotelawala 18,141 shares) 54,886 0.27Mr. Morarji Meghji Udeshi (joint with Mrs. M.M. Udeshi (Deceased) andMiss. A.M. Udeshi 9,815 shares and joint with Miss. A.M. Udeshi 31,262 shares) 41,077 0.21The Finance Company Ltd. (Employees’ Medical Fund) 36,284 0.18Bank of Ceylon A/C Eagle Growth Fund 35,000 0.18Mr. Charitha Prasanna De Silva 31,942 0.16Ceylinco Insurance PLC - Interim Financial Statements10 Six Months Ended 30th June

Share InformationSUBSTANTIAL SHAREHOLDINGSThe 20 Major Shareholders as at 30/06/2012 (Non Voting)Holding as at % of the30/06/2012 issued ShareNo. of Shares CapitalShareholder as at 30/06/2012Pershing LLC S/A Averbach Grauson & Co. 2,480,100 38.66Ceyfco Property Company (Private) Limited 1,072,100 16.71J.B. Cocoshell (Pvt.) Ltd. 457,700 7.14Bharath Investments (Pte.) Ltd. 269,200 4.20Mr. Watuthanthrige Chakrine Jagath Alwis 219,041 3.41Pictet & Cie 200,000 3.12Mr. Piyadasa Rathnayaka 175,000 2.73Gold Investment Limited 118,500 1.85E.W. Balasuriya & Company (Private) Limited 100,400 1.57Askold (Private) Limited 80,000 1.25Waldock Mackenzie Ltd. / Mr. M.Z.M. Wafik 68,253 1.06Mr. Husein Nuruddain Esufally 58,505 0.91Mr. Gulzar Hussein Ibrahim Jafferjee 45,000 0.70Mr. Isaac Morris Dabah 44,900 0.70DFCC Bank A/C 1 43,971 0.69Mr. Murtaza Ali Jafferjee 42,500 0.66HSBC International Nominees Limited-MSNY-Kelusa Master Fund Ltd. 28,772 0.45Mr. Abbasally Nuruddin Esufally 25,000 0.39Deutsche Bank AG-Comtrust Equity Fund 24,390 0.38Mr. Murtazaali Abidhussen Hassanaly Esufally 17,500 0.27Ceylinco Insurance PLC - Interim Financial Statements11 Six Months Ended 30th June

Share InformationDirectors’ Interest in Shares of the Company are as Follows :Voting Shares Non Voting Sharesas atas at30.06.2012 30.06.2012Mr. J.G.P. Perera NIL NILMr. A.R. Gunawardena (Mr. A.R. Gunawardena 130 voting shares and55 non voting shares; and joint with Mrs. K.S. Gunawardena 119,359voting shares and 8,600 non voting shares) 119,489 8,655Mr. R. Renganathan (Mr. R. Renganathan 121,124 voting shares andjoint with Mrs. T.R.S. Renganathan 3,626 voting shares) 124,750 NILMr. H.D.K.P. Alwis 861Mr. H.D.K.P. Alwis joint with Mrs. S.R. Alwis 2,000Mr. E.T.L. Ranasinghe 7,098 NILMr. W.C.J. Alwis 526,692 219,041Mr. P.D.M. Cooray 6,050 NILMr. K.I. Dharmawardena 28 NILWaldock Mackenzie Limited / Mr. K.I. Dharmawardena 10,736 NILMr. P.M.B. Fernando 500 1,000Mr. D.H.J. Gunawardena NIL NILMr. P.A. Jayawardena 1,316 134Mr. N.D. Nugawela 1,200 510Mr. T.N.M. Peiris 22,492 2,000Mr. D.W.P. Upali 500 512Gen. C.S. Weerasooriya (Retd.) NIL NILMr. S.R. Abeynayake 7,858 200Public HoldingAs at 30th. June, 2012 - The percentage of ‘Public Holding’ (as defined by the Colombo Stock Exchange circular amendedin January, 2004) is 37.87% of the issued Voting share capital and 40.98% of the issued Non Voting share capital.Stated Capital20,000,000 Ordinary Voting shares and 6,414,480 Ordinary Non Voting shares.Ceylinco Insurance PLC - Interim Financial Statements12 Six Months Ended 30th June

Ceylinco Insurance PLCCeylinco House,No. 69, Janadhipathi Mawatha,Colombo 01, Sri Lanka.Tel : +94 (112) 485757+94 (112) 485758+94 (112) 485759www.ceylinco-insurance.com