HATTON NATIONAL BANK LIMITED NUGEGODA BRANCH

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

ALL AND SINGULAR THE MOVABLE MACHINERY AND EQUIPMENT INCLUDING

Qty. Description Make

01 Processing Camera with l000mm X 750mm NUARC

Plate holder mounted on wheels

Together with all tools and accessories appertaining thereto and all other articles (all of which) are hereinafter collectively referred to as "the movable machinery and equipment of the obligor" lying in and upon the factory premises at No.127, Jambugasmulla Mawatha, Nugegoda in the District of Colombo, Western Province and in or upon which premises the movable machinery and equipment of the Obligor lay from time to time and at all times hereafter during the continuance of these presence be brought into or lie and all or any other place or laces into which the obligor may at any time and from time to time hereafter remove and carry on business or keep the movable machinery ld equipment of the obligor in the aforesaid District. (The Property cortgaged to the Hatton National Bank Limited by Flexport (Private) limited.

Under the Authority granted to me by the Hatton National Bank limited, I shall sell by Public Auction the above mentioned property Wednesday, 1st August, 2001 commencing 9.30 a.m. at the spot.

For Notice of Resolution please refer Government Gazette of Z.12.2000, the "Daily News", "Thinakaran" and "Divaina" of).01.2001 and Notice of Sale in the Government Gazette of 13.07.2001.

Mode of Payment:

1. 10% of the Purchase Price at the fall of the Hammer;

2. Balance 90% of the Purchase Price within 30 working days of the Sale;

3. 1% (One percent) Local Sales Tax Payable to the Local Authority;

4. Auctioneer's Commission of 2 1/2% (Two and a half per cent) of the Sale Price;

5. 50% of the Total Cost of Advertising not exceeding Rs. 32,418;

6. Clerk's and Crier's Fee Rs. 500;

7. Notary's Attestation Fees for Conditions of sale Rs. 2,500.

Title Deeds and other connected Documents may be inspected and obtained from the Senior Manager-Legal (Recoveries), Hatton National Bank Limited, Hemachandra Building, No. 10, R. A. de Mel Mawatha, Colomb9 3, Telephone Nos.: 441179,421885/1.

DUNSTANAND DALLAS KELAAR,

Court Commissioners and Brokers,

Specialist Auctioneers,

Appraisers and Realtors.

No.381 111, Galle Road,

Colombo 4.

Telephone: 591167

Phone/Fax: 584814, 500838

Hot Line: 0722-50422

07-358
