TOURISM ANILANA

Table of Content Concept About the Company The proposition Promoters and Management USP Stock Market Data Group Structure Marketing and Competition Financial Summary

Concept To develop Anilana as a unique, luxury, Sri Lankan hotel brand and to become one of the market leaders/(first five) within ten years in the USD300 plus segment Build on the existing hotels on eastern coast and develop new hotels in Colombo and other locations

History of the company The company was incorporated in 2010 in Colombo First hotel with 60 rooms was opened in March 2013 in the East coast of Sri Lanka Anilana was listed on Colombo Stock Exchange in July 2013 and USD 5 million was raised (Promoters had invested USD 15 million prior to listing) Anilana raised USD6 million from its Rights Issue in 2014 GMO, the US Fund which manages funds over USD100 billion has invested in 13% of Anilanas’ equity

History of the company - 2 Second East coast hotel with 70 rooms was opened April 2014 (Avg Occupancy of 45%) Started Construction of 53 room hotel located in central Sri Lanka (near Sigiriya Rock) Land at Colombo has been Identified for real estate project and agreement for acquisition is done Company owns other properties in east coast where it propose to develop Villas

Proposition Identifying a strategic investor who would invest USD 30 million (for a stake to be negotiated) to meet initial requirement for Completing Dambulla, 15 Villas Construct Colombo Property Repayment of debt

Management Asanga Seneviratne – Managing Director He is an entrepreneur, investor and investment banker He has over 23 years of capital market experience and 7 years of managing hotels He is also a promoter of Nation Lanka Finance PLC

Management -2 Manajula Perera – Head of Finance and Compliance A chartered accountant with over 15 years of experience in the industry Gihan De Zoysa- Chief project manager for the group and has 07 years of experience in similar capacity Shamila Philips – Head of Sales and Marketing and has 18 years of international experience

Strategic Plan Anilana has developed and will continue to strengthen a unique Sri Lankan brand with originality, authenticity and distinct style as key features. Anilana has 130 Rooms at present and plans to have 500 rooms in 3 years and rooms in 10 years at various locations. All these will be ultra luxury rooms (average room rate is expected to exceed USD250).

Locations Existing Pasikuda (East Coast) Nilaweli (East Coast) Dambulla (Central) Proposed Colombo Galle Kandy Bentota/Hikkaduwa Nuwara Eliya Jaffna

Special Features Proposed Yacht Services to act as floating hotels and cruise from Colombo to Trincomalee with stops at Galle and Arugam Bay Development of dive centers, where there are wrecks & other features that would attract divers Ayurvedic Spas run by well known operators Unique room design features Luxury rail coaches, air charter and other options to improve connectivity between hotels

Marketing Plan Tie ups with strong marketing agencies in China and other Asian countries Tie ups with high-end tour operates such as Jahn Reisen, Hotel plans, Scott Dunn, etc and DMC (destination management companies) Planning to advertise on travel magazines such as Conde Nast, Travel and Leisure Partnering with web operates and airline companies such as Emirate holidays, British airways holidays GSA and country representative to attract high spenders and long stay tourists

TOURISM PROJECT AURA

Content History of Aura Group The proposition USP Promoters and Management Stock Market Data Group Structure Marketing and Competition Financial Summary

History of Aura Group Established 1967 to run hotels in Sri Lanka Acquired 2 hotels in Kandy with about 150 rooms Runs 13 guest houses and restaurants across Sri Lanka with 112 rooms Runs 3 boutique hotels in different locations Proposes to build 2 hotels in Maldives with 225 rooms. The islands have been leased.

The Proposition To raise USD33mn by offering 35% of the shareholding to part finance construction of Maldives hotels and refurbish existing hotels.

USP Has locations across most of the tourist map of Sri Lanka The group is one of the most reputed operators in the tourism sector

Promoters and Management The promoters are one of the oldest and very reputed business families in Sri Lanka Has one of the strongest hotel management teams in Sri Lanka The group has won several international awards for its hotels

Stock Market Data Market Cap (07/2014) USD25mn Book Value (03/2014) USD56mn Share price (22/07/2014) LKR19 52 week high/low: LKR20/LKR14 Total number of shares: 171mn

Group Structure Holding Company 2 Hotels in Kandy 14 Rest Houses and Restaurants 3 Boutique Hotels Project Aura 70.44% 76.54% 100% Colombo Hotel

Marketing and Competition The group has tie-ups with international tour operators and with refurbishment of the Colombo and Kandy hotels expects substantial growth in occupancy rates. There is a growing inflow of Chinese tourists to Maldives and occupancy rates for their Maldives hotels is expected to be high. 17% yoy increase in tourist arrivals to Sri Lanka with a revenue CAGR of 10% for last 2 years. 90% occupancy achieved in Maldives hotels over the past years.

Financial Summary USD mn E2015E2016E Total Equity Total Assets Retained Earnings Borrowings Revenue Gross Profit

MANUFACTURING AND REAL ESTATE PROJECT SUNSHINE

History of the group The proposition USP Promoters and Management Group Structure Financial Summary Particulars of the development 1, 2 & 3 Contents

History of the group Established in 1980 to provide maintenance services for air conditioning and refrigeration units also ventured into manufacturing of same in The group has been in the business of Bottled Water and Ice for the last 20 years. The Group owns land of 0.5 Acres in the prestigious Colombo 02 area on which they propose to have a mixed development project.

The proposition The group needs to raise USD33.7mn : for the Mixed Development Property Project The group wishes to maintain minimum of 51% equity stake.

USP Colombo is reaching almost 100% occupancy in commercial and office space. Location attracts the highest rental rate for commercial buildings in Colombo. One of the largest suppliers of air conditioning and specialized refrigeration appliances in Sri Lanka with over 300 Dealers island wide. One of the leading suppliers of Bottled Water and Ice with a well known brand name.

Promoters and Management The promoters have over 30 years of experience in the air conditioning field and Bottled Water. The main promoter has extensive experience in banking and power and enjoys a very good business reputation.

Corporate Structure Air Conditioning and Refrigeration Property Development Bottled Water and Tube Ice

Particulars of the Property Development (Square metres)  Land Area : 2,281  Total Area to be constructed : 31,916 - Retail 1,198 - Office 15,391 - Residential 1,885 - Common Areas 13,440 The Project is Designed by one of the most reputed Sri Lankan Architects with extensive prestigious global projects completed Project execution period : January 2015 – March 2017

Particulars of the Property Development 2 All regulatory approvals are expected by end of September 100% electricity backup by Diesel generators Adequate basement parking will be provided The Residences will be of luxury international standards and will be marketed to expats and non resident Sri Lankans

Particulars of the Property Development 3 The Commercial and Office spaces will be leased and residential apartments will be sold The Property will be marketed by international and local property consultants Building maintenance will be up to international standards

Commercial Model Total outlay on the building project : USD 34 mn Revenue from Advance Payments of lease rentals and installments for apartment purchases are expected to cover the outlay within 3 years

MANUFACTURING PROJECT PISCES

Content The Proposition Description of the Project Company Overview Production Facility Stock Market Data Financials Unique Selling Points Promoters and Management

The Proposition 51% Stake for USD 19.2 Million

The company is the market leader and Controls over 50% of the market Segment they operate (Production and sale of noodles, coffee, kurakkan flour, ulundu flour, and instant thosai mixture) A well reputed household brand in Sri Lanka (packaged coffee and noodles) Market leader for Powdered coffee. Over 6 decades of local experience in business Description of the Project

Company Overview Founded in 1943 The first activities of the Company were the milling of rice, kurakkan and other grains. By 1952, the business expanded into various other fields including the milling of oil. In 1983 the Company was listed on the Colombo Stock Exchange and converted in to a Public Liability Company in 2007.

Company Overview Production Facilities The factory complex with all modern machinery including fully automated packaging plant has been expanded in a five acre site. Production is mainly manual, however, international production standards are maintained.

Financials Balance Sheet(USD 000’) E2016E2017E Total Net Fixed assets 4,088 4,390 4,920 5,411 5,951 6,545 Total current assets 4,523 4,857 5,509 5,802 6,270 6,833 Total equity 6,752 7,206 7,845 8,513 9,300 10,227 Total Liabilities 1,858 2,041 2,585 2,700 2,921 3,151 Income Statement (USD 000’) E2016E Revenue17,00919,53019,69520,68021,714 Profit Before Tax1,1411,0511,2891,4481,520 Profit After Tax ,0341,086

Unique Selling Points  Well known Local Brand name for Quality  Over 50% market share  Sound Financial Track record  Over 6 decades of experience in Business  Factory complex with all modern machinery including fully automated packaging plant

Promoters and management The promoter is a well respected Sri Lankan Food Manufacturer Well experienced management with proven track record

AGRI PROJECT SHINE

 The Proposition  Description of the Project  Company Overview  Production Plan  Financials  Marketing and Competition  Unique Selling Points  Project Promoters Content

 To raise USD 14mn Equity for an Organic Cotton processing facility  USD 14 mn will be utilized to establish and complete the production facilities in Sri Lanka and enable the Company to gain full production capacity. The Proposition

Description of the Project Processing of organic cotton, organic soy beans and other organic crops. Business: Organic cotton : lint bales, seeds, Seed oil, seed oil cakes. - Threads ; Yarns ; Textiles From soy beans : oil, oil cake, pellets and others Products:

Company Overview  UK registered company with international management.  Has a well qualified and experienced Management and execution team.  Is an Organic Agriculture technology and Textile Company.  Has agreements with a wide network of organic farmers for acquiring raw materials.  Has agreements to acquire organic cotton production on 150,000 acres (Estimated raw cotton 94,000MT per annum)

Company Overview  At present the company has invested c. USD 2mn in the project excluding the work performed by founders.  Company wishes to raise USD 14 mn from a Private Placement and the remaining Requirement of USD 10mn will be raised through an IPO in NASDAQ Dubai.

Production of Cotton & Soy Beans Year 1Year 2Year 3Year 4Year 5 Total Acreage contracted 34,000 50,000 70, ,000 Organic Cotton (M/T) 13,372 25,530 26,196 30,393 45,589 Organic Soy Beans (M/T) 22,258 44,516 66,775 Production Plan

Financials Balance Sheet USD 000'Year 1 – 2015/16Year 2Year 3Year 4Year 5 Net Fixed Assets 22,850 20,899 19,180 18,004 17,316 Current Assets 5,271 18,366 34,920 67, ,734 Equity 27,281 38,030 51,865 82, ,580 Liabilities 840 1,235 2,470 Income Statement - USD 000’Year 1 – 2015/16Year 2Year 3Year 4Year 5 Revenue 19,447 37,127 51,213 82, ,640 Operating Profit 2,651 12,427 16,633 33,027 74,240 Profit After Tax 1,482 10,749 14,324 29,751 70,964

 Sales agreements have been reached with International buyers for the first five years subject to achieving quality specifications.  There is no significant competition from other Sri Lankan Organic product produces Marketing and Competition

Unique Selling Points  An ideal location for growing organic cotton due to its near perfect climatic conditions and exceptionally rich and healthy soil.  has established a close relationship with the ministry of Agriculture Department of Sri Lanka.  has created very strong relationships with farmers in the region. (As a result the company has in its control an area of 150,000 acres of highly fertile land from local farmers and the Sri Lankan government)  These lands are allowing the company to produce 21,000 metric tons which will be increased up to 94,000 metric tons annually.

Project Promoters  The promoter is a well respected organization in UK having significant network of professionals within the textile and agricultural industries

PLANTATION PROJECT EMERALD

Content About the company The proposition USP Promoters and Management Marketing and Competition Financial Summary

About the company Project Emerald is an exclusive Tea manufacturer with all its Tea plantations located in High Grown elevations. The company has 21 estates with a total land extent of 10,194 hectares( hectares : Acres) The company owns 44% of a 1.2MW generating mini hydro power plant.

Proposition To source Strategic partner

USP Some of the estates owned by the company fetch highest tea prices at tea auctions mostly above LKR1,000 compared to the average of LKR450. The company achieves a production yield of 1,400kgs per hectare which is in line with average industry standards.

Promoters and Management Promoter is a listed company in Colombo Stock Exchange having business interest on Tea, Rubber, Palm Oil and Chemicals

Marketing and Competition Colombo gains highest tea auction prices compared to other major tea markets such as India and Kenya. FAO projects world tea consumption to rise by 1.8% per annum as customers are increasingly becoming more health conscious.

Financial Summary USD E2015E2016E Total Equity 1.47mn1.49mn1.57mn1.68mn1.87mn Total Assets 25.5mn26.2mn27.6mn29.4mn31.4mn Borrowings 3.9mn3.5mn3.7mn3.9mn4.1mn Revenue 23.2mn24.4mn24.7mn25.7mn27.1mn Gross Profit -1.8mn1.8mn1.9mn2.0mn2.2mn

POWER & ENERGY PROJECT RUBI

Content About the company The proposition USP Promoters and Management Marketing and Competition Financial Summary

About the company Project Rubi is a wind power project which commissioned in 2010 Project Located in North-west of Sri Lanka Installed Capacity is 40 Mwwith 1.25Mw*8 WTGs –Suzlon technology

Proposition Promoter is interested in divesting the project in order to focus on their core business activities.

USP hectares land obtained fromthe Government of Sri Lanka on a long term lease of 30 years and 1.22 hectares of privately owned freehold land Entrance to wind power generation is via acquisition

Promoters and Management Promoter is an established diversified conglomerate in Sri Lanka

POWER & ENERGY NATION LANKA FINANCE PLC

Content About the company The proposition USP Promoters and Management Marketing and Competition Financial Summary

About the company Nation Lanka Finance PLC (NLF) a Listed Company and a Finance Company regulated Central Bank of Sri Lanka with a rich heritage of 25 years. NLF has obtained its finance leasing license in 2005 It has 25 branches island wide Cater with diversified portfolio including finance leasing, hire purchases, pawning, micro financing and personal loans

Proposition Looking for strategic partnership/joint venture

USP Company has B Stable out-look Restructured balance sheet after adequate provisioning and settlement of debtors Turned around company with aggressive plans to grow large Diversified portfolio The Government agency has discontinued issuing new license which NLF owns Its assets and deposits has YoY growth over 30% Experienced management team, established brand franchise and presently favorable capitalization profile

Promoters and Management Promoters are Mr. Asanga Seneviratne and a well known business family.

Marketing and Competition Focusing on finance leases Increased marketing and promotion to target motor vehicle segments Increasing number of products Priority has been given to micro financing which is a high yielding product 48 LFCs in the country along with 24 Banks

Investor Information Market CapUSD 9mn Total Asset (as of )USD52mn Total lending(as of )USD32mn Total depoits (as of )USD37mn NAVPSLKR1.18 MPSLKR wk Range LKR