Singer Finance (Lanka) Limited Share Allocations or Allotment.

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Today December 24, 2010.Singer Finance announced the share allotment for the Initial public offering [IPO]

Basics of allotment of public Category of share allotments

Applications up to and inclusive of 500 shares 100% of shares applied
Applications over 500 shares but less than and inclusive of 5,000 shares A minimum allotment of 500 shares, Plus 5.00% of shares applied over and above 500 shares rounded to the nearest 100 shares
Applications over 5,000 shares but less than and inclusive of 50,000 shares A minimum allotment of 700 shares, Plus 2.00% of shares applied over and above 5,000 shares rounded to the nearest 100 shares
Application over 50,000 shares A minimum allotment of 1,600 shares, Plus 0.38085% of shares applied over and above 50,000 shares rounded to the nearest 100 shares

Employee Category and share allotments

Applications up to and inclusive of 25,000 shares 100% of shares applied
Application over 25,000 shares A minimum allotment of 25,000 shares, Plus 2.15% of shares applied over and above 25,000 shares rounded to the nearest 100 shares

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