SANASA DEVELOPMENT BANK LIMITED               
                       Selected Performance Indicators              
                       
                         
                         
        Item      As at 30.09.2008     As at 31.12.2007       
                   (Audited)       
                         
  Regulatory Capital Adequacy                  
                         
    Core Capital ( Tier I Capital ), Rs. Mn                                  821                                  810      
    Total Capital Base , Rs. Mn                                    843                                  815      
    Risk Weighted assets, Rs. Mn                                 7,684                               6,043      
                         
    Core Capital Adequacy Ratio     10.69%   13.40%      
    ( As a % of Risk weighted assets - Minimum Requirement - 5% )              
    Total Capital Adequacy Ratio     10.97%   13.48%      
    ( As a % of Risk weighted assets - Minimum Requirement - 10% )              
                         
  Assets Quality ( Quality of Loan Portfolio )                
                         
    Gross Non-performing Advances Ratio, ( net of Interest in Suspense )   6.01%   3.99%      
                         
    Net Non-performing Advances Ratio, ( net of Interest in Suspense & Provisions )   4.53%   2.78%      
                         
  Profitability                    
                         
    Interest Margin, %       7.43%   6.84%      
                         
    Return on Assets ( before taxes ), %   2.68%   2.24%      
                         
    Return on Equity(before taxes) %     22.39%   18.26%      
                         
                         
                         
  Regulatory Liquidity                    
                         
    Statutory Liquid Assets, Rs. Mn                                 1,415                               1,215      
    Total Deposit Liability, Rs. Mn                                 7,252                               5,642      
                         
    Statutory Liquid Ratio, %  ( Minimum Requirement , 20 % )   20%   22%      
                         
                         
                       
                       
                       
                       
   

  SANASA DEVELOPMENT BANK LIMITED

              
      Income Statement              
                       
                    Rs. 000  
                         
                         
         For the 09 months ended         From 01.01.2008  to     From 01.01.2007 to    Change  
               30.09.2008     30.09.2007    %  
                         
  Interest Income                             1,404,805                          826,688   70%  
    Interest Income on Loans & Advances                       1,207,861                          721,076   68%  
    Interest Income on other Interest earning assets                          196,944                          105,612   86%  
                         
  Less : Interest Expenses                              868,590                          480,594   81%  
    Interest Expense on Deposits                            770,557                          401,547   92%  
    Interest Expense on other interest bearing liabilities                            98,033                            79,047   24%  
                         
  Net Interest Income                                536,215                          346,094   55%  
                         
  Non-Interest Income                    
    Other Income                                35,111                            29,406   19%  
                         
  Less : Non-Interest Expenses                            (328,366)                        (231,075)   42%  
  Personnel Costs                              (100,073)                           (85,439)   17%  
  Provision for Staff retirement Benifits                               (4,564)                             (5,422)   -16%  
  Premises, Equipment & Establishment Expenses                           (41,414)                           (29,591)   40%  
  Loss on Trading/Investment Securities                
  Amotization of Intangible Assets                  
  Other Operating Expenses                            (182,315)                        (110,622)   65%  
                         
  Less : Provision for Bad & Doubtful Debts                             (42,259)                           (20,446)   107%  
    Provision - General                               (21,914)                           (13,168)   66%  
    Provision - Specific                               (20,345)                             (7,278)   180%  
                         
  Less : Provision for decline in value of Investments                             (7,581)                             (3,500)   117%  
  Operating profit on Ordinary Activities before taxes                          193,121                          120,480   60%  
                         
  Less : Value Added Tax on Financial Services                             (44,888)                           (24,561)   83%  
  Operating profit on Ordinary Activities before Corporate tax                          148,232                            95,919   55%  
  Share of Subsidiaries/Assoiate Companies' Profit              
  Operating profit before Corporate tax                            148,232                            95,919   55%  
                         
  Less : Tax on Profits on Ordinary Activities                
  Operating Profit for the period                              148,232                            95,919   55%  
                         
                         
                         
                       
                       
                       
     SANASA DEVELOPMENT BANK LIMITED              
                         Summarized Balance Sheet       Rs. 000  
                         
                         
               As at 30.09.2008     As at 31.12.2007    Change  
        Item          (Audited)    %  
                         
  On Balance Sheet Assets                  
                         
  Cash in Hand                                181,704                          145,558   25%  
  Balances with Central Bank of Sri Lanka                
  Due from Banks and other Financial Institutions                          115,000                          216,908   -47%  
                         
  Investments - Trading Account                                   6,876                            47,783   -86%  
    Government securities                
    Other Securities                                16,462                            65,906   -75%  
  Less : Provision for decline in Value of investments                             (9,586)                           (18,123)   -47%  
                         
  Investments - Held-to-Maturity (Net of Provisions for decline in Value of investments )                       1,335,373                       1,066,331   25%  
    Government securities                         1,167,551                          877,300   33%  
    Other Securities                              167,821                          189,031   -11%  
  Less : Provision for decline in Value of investments              
  Investments in Associates & Subsidiaries                
                         
  Total Loans & Advances                  
  Total Performing Loans & Advances                         7,661,377                       6,273,144   22%  
    Bills of Exchange                  
    Overdrafts                    
    Lease Rental Recievable                         1,065,230                       1,041,213   2%  
    Other Loans                           6,596,147                       5,231,931   26%  
  Total Non-Performing Loans & Advances                            607,641                          342,216   78%  
    Bills of Exchange                  
    Overdrafts                    
    Lease Rental Recievable                              75,188                            37,142   102%  
    Other Loans                              415,099                          223,817   85%  
    Interest Receivables