HATTON NATIONAL BANK LIMITED -WELIMADA BRANCH

Sale under Section 4 or the Recovery or Loans by Banks (Special Provisions) Act, No.4 or 1990

AUCTION SALE OF A VALUABLE PROPERTY

AN allotment of land called and known as Pattiyamedahena alias Niyandagalapatana described as Lot No.8 B in Plan of Survey No. 192A. Situated at Kotawere Udagama (now within the Town Limits of Welimada) in Yatipalata Korale in the Udukinda Division Badulla District of the Province of Uva. Land in extent 4A..2R.,29P. together with everything else standing thereon. The Property Mortgaged by Don Walter Lewis Don Arthur Lewis and Balapu Waduge Shanthi Renuka Mendis.

Under the Authority granted to us by Hatton National Bank Limited. We shall sell by Public Auction on Monday 6th August, 2001 commencing at 11.00 a.m. at the spot.

For Notice of Sale of Resolution, please refer the "Ceylon Daily News", "Divaina" and "Thinakaran" papers and the Government Gazette of 3rd July, 1998.

Mode of Payment. - The successful purchaser will have to pay the following amounts in cash at the fall of the hammer:-

1. 10% of the Purchase Price.

2. Balance 90% of the Pllrchased Price will have to be paid within 30 working days from the date of Sale.

3. 1% (One per Cent only) Local Sales Taxes Payable to the Local Authority.

4. Auctioneer's Commission of 2 m% (Two and a half percent) only of the Sale Price.

5. 50% of the Total Cost of Advertising not exceeding Rs. 40,500.

6. Clerk's & Crier's Fee of Rs. 500.

7. Notary's fees for Conditions of sale Rs. 2,000.

For further details, Title Deeds and any other connected documents may be inspected and obtained from the Senior Manager Legal (Recoveries) Hatton National Bank Limited, Hemachandra Building, 10, R. A. De Mel Mawatha, Colombo 03, Telephone Nos.: 441179, 074-710119.

SCHOKMAN AND SAMARAWICKRAME,

Reputed Pioneer Chartered Auctioneers and

Valuers for the State and Private Sector

Banks in Sri Lanka and Court Commissioners.

Head Office:

No.24, Torrington Road,

Kandy.

Telephone Nos.: 08-224371, 08-227593

Fax: 08-224371

E-mail: samera@diamond.lanka.net

City Office:

No. 55A, Dharmapala Mawatha,

Colombo 03.

Telephone Nos.: 448626, 441761 Fax: 448526, 575214

E-mail: samera@Sri.Lanka.net

07-327
