Directive related to stopping the margin for equity shares with PE more than 50

No. SEC/CMRRCD/2001-43/13 February 01, 2010 DIRECTIVE The Securities and Exchange Commission, in exercise of the power conferred on it under section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), read with wb‡`©kbv bs-14 of wewa-36 of wmwKDwiwUR I G·‡PÄ Kwgkb (gv‡P©›U e¨vsKvi I †cvU©‡dvwjI g¨v‡bRvi) wewagvjv, 1996, hereby directs the merchant bankers, including the portfolio managers, registered under the wmwKDwiwUR I G·‡PÄ Kwgkb (gv‡P©›U e¨vsKvi I †cvU©‡dvwjI g¨v‡bRvi) wewagvjv, 1996, to immediately stop providing or disbursing of any further margin loan or credit facilities to their clients to purchase the equity securities with price-earning ratio of above 50 (fifty) until further order. This Directive shall Repeal the Directive No SEC/CMRRCD/2001-43/04 dated December 09, 2009. This shall have immediate effect. By order of the Securities and Exchange Commission Md. Ziaul Haque Khondker Chairman

No. SEC/CMRRCD/2001-43/14 February 01, 2010 DIRECTIVE In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Securities and Exchange Commission hereby directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. that;- The stock exchanges shall not entertain the equity securities with price-earning ratio of above 50 (fifty) as “marginable securities” under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999 and the stock brokers shall not provide loan facilities to their client to purchase the said securities until further order. This Directive shall Repeal the Directive No SEC/CMRRCD/2001-43/03 dated December 09, 2009 This shall have immediate effect. By order of the Securities and Exchange Commission Md. Ziaul Haque Khondker Chairman