Janashakthi Limited (“JL”), Announce in to the Colombo Stock Exchange that the Janashakthi Limited has purchases 99.78/% of Bartleet Finance PLC.

Janashakthi Limited purchased 6,639,998 voting ordinary shares of Bartteet Finance PLC (“BFL”) held by the major shareholder Bartleet Transcapital Limited (“BTCL”) at a total price of Rs.874,818,419/- constituting approximately 86.79% of the voting rights of the Company on 22^nd January, 2015.

Further, at the time of the above acquisition, Janashakthi Limited already held 993,749 voting ordinary shares of BFL, constituting approximately 12.99% of the voting rights which had been purchased between 02^nd January, 2015 to 10^th January, 2015, at a total price of Rs.109,312,390/-.

With the above acquisition, Janashakthi Limited now holds a total number of 7,633,747 Ordinary Shares of BFL constituting approximately 99.78% of the voting rights of the company. Thus, effective from 22^nd anuary 2015, BFL shall be a subsidiary of Janashakthi Limited.

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