90, MOTIJHEEL C/A, DHAKA-1000

PRICE SENSITIVE INFORMATION

This is for information as “Price Sensitive Information” of all concerned that the Board of Directors of the Bank in its 499^th meeting held at 2.30 p.m. on Tuesday, the 17^th August, 2010 at the Bank’s Registered Office, 90, Motijheel Commercial Area, Dhaka (Now 47 Bir Uttam Shahid Asfaqus Samad Sarak ) took the following resolutions:-

i)

that an Extra-Ordinary General Meeting of the Bank will be held at 10.30 a.m. on Thursday, the 14^th October, 2010 at the Bashundhara Convention Center,Block-G, Umme Kulsum Road, Bashundhara R/A,Baridhara, Dhaka-1229 to adopt “Special Resolution”

(a) to change the denomination of shares of the Bank from the existing  Tk.100/- each to Tk.10/- each and to  change the size of market lot from 5 (five) shares to 250 (two hundred fifty) shares,

(b) to increase the Authorised Capital of the Bank from the existing 320.00 crore (Taka  three  hundred  twenty  crore ) to Tk.500.00 crore (Taka five hundred crore) divided into 50,00,00,000 (fifty crore) ordinary shares of  Tk.10/- each and

(c) to amend the relevant clause(s) of the Memorandum and Articles of Association of the Bank for enhancement of  Authorised Capital from Tk.320.00 crore (Taka three hundred twenty crore) to Tk.500.00 crore (Taka five hundred crore) divided into 50,00,00,000 (fifty crore) ordinary shares of Tk.10/- each, changing of denomination of shares  from Tk.100/- each to Tk.10/- each and changing of size of market lot of shares  from 5 (five) shares to 250 (two hundred fifty) shares

subject to approval of the shareholders in the Extra Ordinary General Meeting and obtaining   permission from the Regulatory Authorities.

ii)

that the Board fixed  the 26^th August, 2010 as the Record Date.

iii)

that shareholders whose names will appear in the Share Register of the Company or in the Depository (CDBL) on the Record Date will be entitled to attend the Extra Ordinary General Meeting and to vote

By order of the Board of Directors