INTERIM FINANCIAL STATEMENTSFOR THE QUARTER ENDED

30th June 2019

Contents

(1 ) Income Statement

(2 ) Statement of Comprehensive Income

(3) Statement of Financial Position

(4) Statement of Changes in Equity

(5) Statement of Cash Flows

(6-7) Analysis of Financial Instruments by Measurment Basis

(8-9) Analysis of Loans and Advance and Deposits,Interest Comparision

(10-11) Selected Performance Indicators

ok

Quarter ended

30th

June 2019

Quarter ended 30th

June 2018

Period ended

30th

June 2019

Period ended 30th

June 2018

Rs "000" Rs "000" Rs "000" Rs "000"

Unaudited Audited Unaudited Audited

Interest Income 1,948,625 1,661,191 3,844,302 3,357,696

Interest Expenses 1,212,794 1,079,725 2,417,208 2,245,620

Net Interest Income 735,831 581,466 1,427,094 1,112,076

Fee and Commission Income 80,463 81,377 167,351 181,961

Less : Fee and Commission Expenses - - - -

Net fee and Commission Income 80,463 81,377 167,351 181,961

Net gains/(losses) from trading - - - -

Net fair value gains/(losses) on: - - - -

financial assets at fair value through profit or loss - -

financial liabilities at fair value through profit or loss - - - -

Net gains/(losses) on derecognition of financial assets: - - - -

at fair value through profit or loss (1,000) - (3,750)

at amortised cost - - - -

at fair value through other comprehensive income - - - -

Other Operating Income (net) 15,571 - 31,143 -

Total Operating Income 830,865 662,843 1,621,838 1,294,038

Impairement Charges 78,781 14,547 131,976 23,255

Net Operating Income 752,084 648,296 1,489,862 1,270,782

Personnel Expenses 306,999 281,810 618,130 572,982

Depreciation and Amortisation 21,006 17,884 41,192 41,883

Other expenses 131,649 115,875 253,925 223,132

Operating Profit/(Loss) before VAT & NBT on financial services 292,430 232,727 576,615 432,785

Value Added Tax (VAT) on financial services 65,867 62,929 130,716 122,800

Nation Buliding Tax (NBT) on financial services 8,782 8,552 17,429 16,373

Debts Repayment Levey (DRL) on financial services 39,218 - 79,773 -

Operating Profit/(Loss) after VAT & NBT on financial services 178,562 161,246 348,698 293,611

Shares of Profit of associates and join ventures - - - -

Profit/(Loss) before Tax 178,562 161,246 348,698 293,611

Income tax expenses 79,108 59,231 120,638 104,986Profit/(Loss) for the period 99,454 102,015 228,060 188,625

Profit attriibutable to: - - - -

Equity holders of the parent 99,454 102,015 228,060 188,625

Non- controlling interests - - - -

Earning per share on profit

Basic Earnings per Ordinary Share (Rs) 1.54 1.58 3.52 2.91

HDFC Bank of Sri Lanka Income Statement

For the Period ended 30-06-2019

Item

##

Quarter ended

30th June 2019

Quarter ended 30th

June 2018

Period ended

30th June 2019

Period ended 30th

June 2018

Rs "000" Rs "000" Rs "000" Rs "000"

Unaudited Audited Unaudited Audited

Profit/(Loss) for the period 99,454 102,015 228,060 188,625

-

Items that will be reclassified to income statement -

Exchange differences on translation of foreign operations - - - -

Net gains/(losses) on cash flow hedges - - - -

Net gains/(losses) on investments in debt instruments - - - -

measured at fair value through other comprehensive - - - -

income - - - -

Share of profits of associates and joint ventures - - - -

Debt instruments at fair value through other - - - -

comprehensive income - - - -

Others (specify) - - - -

Less: Tax expense relating to items that will be reclassified - - - -

to income statement - - - -

-

- - - -

Items that will not be reclassfied to income statement

Change in fair value on investments in equity instruments - - - -

designated at fair value through other comprehensive - - - -

income - - - -

Change in fair value attributable to change in the Bank’s - - - -

own credit risk on financial liabilities designated at fair - - - -

value through profit or loss - - - -

Re-measurement of post-employment benefit obligations - - -

Changes in revaluation surplus - - - -

Share of profits of associates and joint ventures - - - -

Others (specify) - - - -

Less: Tax expense relating to items that will not be - - - -

reclassified to income statement - - - -

- - - -

Other comprehensive income (OCI) for the period net of taxTotal comprehensive income for the period net of tax 99,454 102,015 228,060 188,625

Attributable to

Equity Holders of the Parent 99,454 102,015 228,060 188,625

Non - Controlling Interest - - - - 99,454 102,015 228,060 188,625

For the Period ended 30-06-2019

Item

HDFC Bank of Sri Lanka Statement of Comprehensive Income

ok

30.06.2019 31.12.2018

Rs "000" Rs "000"

Unaudited Audited

Assets

Cash and Cash Equivalants 249,478 210,467

Balance with Central Bank 28,650 89,723

Placements with banks 5,861,933 5,396,309

Financial assests recognized through Profit or Loss

measured at fair value 15,000 18,750

designated at fair value - -

Financial assets at amortised cost

loans and advances 38,532,080 37,934,033

debt and other instruments 7,000,376 3,980,889

Property, plant and equipment 276,480 300,843

Investment properties 902,643 871,500

Goodwill and intangible assets 159,608 165,401

Deferred tax assets 87,528 87,528

Other assets 205,562 229,848

Total Assets 53,319,339 49,285,291

Liabilities

Due to banks 1,344,853 1,001,987

Derivative financial instruments

Financial liabilities at amortised cost

due to depositors 40,051,626 37,016,036

due to other borrowers 1,597,600 1,611,914

Debt securities issued 4,125,883 4,038,676

Retirement benefit obligations 575,627 554,255

Current tax liabilities 152,395 57,328

Deferred tax liabilities

Other liabilities 237,121 248,482

Total Liabilities 48,085,104 44,528,679

Capital

AT - 1 Capital

Perpetual Bond (Note 5) 250,000 -

Total AT - 1 Capital 250,000 -

Equity Capital

Stated capital/Assigned capital 962,093 962,093

Statutory reserve fund 188,425 188,425

OCI reserve (45,597) (45,597)

Retain Earnings 3,547,614 3,319,554

Other Reserves 331,700 332,138

Non-controlling Interest -

Total Equity Capital 4,984,235 4,756,612

Total shareholders’ equity and AT-1 Capital 5,234,235 4,756,612

Non-controlling interests

Total Liabilities and Equity 53,319,339 49,285,291

0.67 (0.50)

Contingent liabilities and commitments 780,111 528,210

Net Assets value per Ordinary Share (Rs) 77.02 72.75

Memorandum information

Number of employees 559 561

Number of Branches 39 39

Note: Amounts stated are net of impairment and depreciation.

HDFC Bank of Sri Lanka

Statement of Financial Position

As at 30th

June 2019

Item

Rs 000

Ordinary Ordinary Assigned OCI

Voting Shares Non Voting Shares Capital Reserve

Balance as at 01/01/2018 962,093 - - 160,000 (28,957) 29,762 2,839,346 237,304 4,199,548 - 4,199,548

SLFRS 9 Adjustment - - - 167 - - 2,839 334 3,340 - 3,340

Adjustments - - - - - - - 9,097 9,097 - 9,097

Adjusted Balance as at 01/01/2018 962,093 - - 160,167 (28,957) 29,762 2,842,185 246,735 4,211,985 - 4,211,985

Profit/(Loss) for the Period - - - - - - 188,625 - 188,625 - 188,625

Other Comprehensive income (net of tax) - - - - - - - - - - -

Share issue/increase of Assigned Capital - - - - - - - - - - -

Bonus issue - - - - - - - - - - -

Right issue - - - - - - - - - - -

Transfer to Reserves during the period - - - - - - - - - - -

Dividend paid - - - - - - - - - -

Profit transferred to head office - - - - - - - - - - -

Gain/(loss) on revaluation of Property Plant and Equipment - - - - - (438) - - (438) - (438)

Others - - - - - - -

Balance as at 30/06/2018 962,093 - - 160,167 (28,957) 29,324 3,030,810 246,735 4,400,172 - 4,400,172

Ordinary Assigned OCI

Non Voting Shares CapitalReserve

Balance as at 01/01/2019 962,093 - - 188,425 (45,597) 28,887 3,319,554 303,251 4,756,612 - 4,756,612

Profit/(Loss) for the Period - - - - - 228,060 - 228,060 - 228,060

Other Comprehensive income (net of tax) - - - - - - - - - -

Share issue/increase of Assigned Capital - - - - - - - - - - -

Bonus issue - - - - - - - - - - -

Right issue - - - - - - - - - - -

Transfer to Reserves during the period - - - - - - - - - - -

Dividend paid - - - - - - - - - -

Profit transferred to head office - - - - - - - - - - -

Gain/(loss) on revaluation of Property Plant and Equipment - - - - - (438) - - (438) - (438)

Others - - - - - - - - -

Balance as at 30/06/2019 962,093 - - 188,425 (45,597) 28,449 3,547,614 303,251 4,984,235 - 4,984,235

Item Statutory

Reserve Fund

Revaluation

Reserves

Retained

Earnings

Other Reserves

HDFC Bank of Sri Lanka Statement of Changes in Equity

for the Period ended 30th June 2019

Attributable to equity holders of the bank (Audited )

Stated Capital/Assigned capital

ItemStated Capital Statutory

Reserve Fund

Revaluation

Reserves

Retained

Earnings

Total Non-

Controlling

Interest

Total Equity

Total Non-

Controlling

Interest

Total Equity

Attributable to equity holders of the bank (un audited)

Other Reserves

HDFC BANK OF SRI LANKASTATEMENT OF CASH FLOWS

Rs 000

For the Period Ended 30th June 2019

2019 2018

LKR LKR

Unaudited Audited

Cash Flows From Operating Activities

Interest Receipts 3,975,759 3,346,568

Interest payments (2,266,814) (2,293,068)

Net commision Receipts 86,330 67,426

Trading Income - -

Payments to Employee (550,863) (343,262)

VAT,DRL & NBT on Financial Services (249,538) (146,462)

Receipt from other operating activities 135,943 113,247

Payments on other operating activities (255,559) (306,837)

Operating profit before changes in operating assets 875,258 437,613

(Increase)/Decrease In Operating Assets :

Balances with Central Bank of Sri Lanka 61,073 (18,324)

Financial Assets at amotised cost - Loans and Advances (875,710) (956,043)

Other Assets (32,212) (88,884)

(846,849) (1,063,251)

Increase / ( Decrease ) In Operating Liabilities

Financial Liabilities at amotised cost - due to Depositors 2,981,669 (2,583,034)

Negotiable certificates of deposits - -

Financial Liabilities at amotised cost - due to Debt Security Holders - 66,259

Financial Liabilities at amotised cost - due to Other Borrowers 570,364 (66,461)

Other Liabilities (9,781) -

3,542,252 (2,583,236)

Net cash from operating activities before income tax 3,570,661 (3,208,875)

Income Tax Paid (18,077) (18,251)

Net cash from operating activities 3,552,584 (3,227,126)

Cash Flows From Investing Activities

Purchase of property, plant and equipment (11,455) (17,061)

Proceeds from Sale property, Plant and equipment - -

Purchase of Investment Securities (4,595,741) (1,080,380)

Proceeds from the sale & maturity of Financial Investments 1,093,623 4,269,617

Net purchase of intangible assets - -

Net cashflow from acquisition of investments in subsidiaries,associate & joint ventures - -

Dividends received from investments in subsidiareis & associates - -

Others - -

Net cash from Investing activities (3,513,573) 3,172,177

Cash Flows From Financing Activities

Net proceeds from the issue of Ordinary share capital - -

Net proceeds from the issue of Other equity instruments - -

Net proceeds from the issue of Subordinated debt - -

Repayment of Subordinated debt - -

Interest paid on subordinated debts - -

Dividends paid to non - controling Interest - -

Dividends paid to shareholders of the parent company - -

Dividends paid to holders of other equity instruments - -

Others - -

Net cash from financing activities - -

Net increase/(decrease) in cash & cash Equivalents 39,011 (54,949)

Cash & cash equivalents at beginning of the period 210,467 282,575

Cash & cash equivalents at the end of the period 249,478 227,626

Reconciliation Of Cash and Cash Equivalents

Cash In Hand 148,734 150,524

Cash at Bank 100,744 77,102

249,478 227,626

Bank

Analysis of Financial Instruments by Measurment Basis

In Rs."000" AC FVPL FVOCI Total

Cash and Cash Equivalents 249,478 - - 249,478

Balances with Central Bank 28,650 - - 28,650

Placements with Banks 5,861,933 - - 5,861,933

Derivative Financial Instruments - -

Loans and advances 38,532,080 - - 38,532,080

Debts Instruments 7,000,376 - - 7,000,376

Equity Instruments - 15,000 - 15,000

Others - -

Total Financial Assets 51,672,517 15,000 51,687,517

Other Assets 1,631,822

Total Assets 53,319,339

Due to banks 1,344,853 - - 1,344,853

Derivative financial instruments - - - -

Financial liabilities - - - -

due to depositors 40,051,626 - - 40,051,626

due to debt securities holders 4,125,883 - - 4,125,883

due to other borrowers 1,597,600 1,597,600

Others - -

Total Financial Liabilities 47,119,961 - - 47,119,961

Other Liabilities 965,143

Perpetual Bond 250,000 250,000

Equity 5,234,235

Equity and Other Liabilities 47,369,961 53,569,339

HDFC Bank of Sri Lanka

As at 30th June 2019

In Rs."000" AC FVPL FVOCI Total

Cash and Cash Equivalents 210,467 - - 210,467

Balances with Central Bank 89,723 - - 89,723

Placements with Banks 5,396,309 - - 5,396,309

Derivative Financial Instruments - - -

Loans and advances 37,934,033 - - 37,934,033

Debts Instruments 3,980,889 - 3,980,889

Equity Instruments 18,750 18,750

Others - - -

Total Financial Assets 47,611,421 18,750 - 47,630,171

Other Assets 1,655,120

Total Assets 47,611,421 18,750 49,285,291

Due to banks 1,001,987 - - 1,001,987

Derivative financial instruments - -

Financial liabilities - -

due to depositors 37,016,036 - - 37,016,036

due to debt securities holders 4,038,676 - - 4,038,676

due to other borrowers 1,611,914 - - 1,611,914

Others - - -

Total Financial Liabilities 43,668,614 - - 43,668,614

Other Liabilities - - - 860,065

Equity - - - 4,756,612

Equity and Other Liabilities 43,668,614 - - 49,285,291

AC - Financial Assets/ Liabilities measured at amortised cost

FVPL -Financial Assets/ Liabilities measured at fair value through profit or loss

FVOCI -Financial Assets/ Liabilities measured at fair value through Other Comprehensive income

HDFC Bank of Sri Lanka Analysis of Financial Instruments by Measurment Basis

As at 31st December 2018

HDFC Bank of Sri Lanka Analysis of Loan and Receivables

As at 30th June 2019#REF! #REF!

Product - Wise Gross Loans & Advances

As at As at

In Rs."000" 30.06.2019 31.12.2018

By Products - Domestic Currency

Housing Loans Secured by Primary Mortgage Over Residential Properties 15,073,527 15,013,470

Housing Loans Against EPF. 8,281,615 8,441,746

Housing Loans on Guarantors & Others 7,561,145 6,691,133

Gold Loans 255,744 258,980

Business Loans 1,874,650 2,040,342

Lease Rentals receivables 1,180,753 1,091,619

Hire Purchase 9,995 16,274

Staff Loans 2,352,265 2,235,567

Cash Margin Loans 1,545,492 1,470,345

Interest & Other Receivables 1,389,967 1,552,660

Sub Total 39,525,153 38,812,137 (3,074,650,610.17) 1,584,652,683.19

By Products - Foreign Currency

Overdrafts - -

Term Loans - -

Other Loans - -

Sub Total - -

Total 39,525,153 38,812,137

Product -Wise Commitments and Contingencies

By Product-Domestic Currency

Guarantees 1,815 3,966

Bonds

Undrawn credit lines 778,296 524,244

Sub Total 780,111 528,210

By product – Foreign currency

Guarantees - -

Bonds - -

Undrawn credit lines - -

Sub Total - -

Total 780,111 528,210

Stage-wise impairment on loans & advances,commitments and

contingencies As at As at

30.06.2019 31.12.2018

Gross loans and advances, commitments and

contingencies 40,305,265 39,340,348

Less: Accumulated impairment under stage 1 186,404 185,020

Accumulated impairment under stage 2 136,197 139,331

Accumulated impairment under stage 3 670,472 553,753

Total Impairment 993,073 878,104

Net value of loans and advances, commitments and

contingencies

Movement of impairment during the period 2019 2018

Under Stage 1

Opening balance 01-01-2019 185,020 189,697

Charge/(Write back) to income statement 1,385 (4,677)

Write-off during the year - -

Other movements - -

Closing balance at 30-06-2019 186,404 185,020 -

Under Stage 2

Opening balance 01-01-2019 139,331 163,056

Charge/(Write back) to income statement (3,134) (23,725)

Write-off during the year - -

Other movements - -

Closing balance at 30-06-2019 136,197 139,331

Under Stage 3

Opening balance 01-01-2019 553,753 414,291

Charge/(Write back) to income statement 116,719 139,462

Write-off during the year - -

Other movements - -

Closing balance at 30-06-2019 670,472 553,753

Total impairment 993,073 878,104

39,312,191 38,462,244

Due to Other Customers - By ProductAs at As at

In Rs."000" 30.06.2019 31.12.2018

By Product - Domestic CurrencyDemand deposit(Current Accounts)

Savings deposits 6,183,106 5,764,436

Fixed deposits 33,868,520 31,251,601

Other deposits - -

Sub Total 40,051,626 37,016,036 #REF! #REF!

By Product - Foreign Currency - -

Demand deposits - -

Savings deposits - -

Fixed deposits - -

Other deposits - -

Sub Total - -

Total 40,051,626 37,016,036 #REF!

Debt security interest rate vs Government Security Interest rates

Debenture Type30.06.2019 31.12.2018 30.06.2019 31.12.2018

Debenture - 5Years- 2015(Floating Qtr 2020) AWPLR+1.5% AWPLR+1.5% 8.70 11.01

Debenture - 5Years- 2015(Fixed Semi 2020) 10.50 10.50 8.70 11.01

Debenture - 10Years- 2015(Fixed Annu. 2025) 12.00 12.00 10.03 11.65

Interest rate % Gov. security Interest rate %

HDFC Bank of Sri Lanka

Selected Performance Indicators

Item As at 30.06.2019 As at 31.12.2018

Regulatory Capital Adequacy

Common Equity Tire 1 Capital Rs. Mn 3,884 3,876

Tier 1 Capital (CET1+AT1) Rs . Mn 4,134 3,876

Total Capital Base (Tier 1 Capital+Tire 2) , Rs Mn 4,134 3,876

Regulatory Capital Ratios (%)

Common Equity Tire 1 Capital Adequacy Ratio ,as a % of-

(Risk Weighted Assets( Minimum Requirement , 7.0%) 15.17% 16.42%

Tier 1 Capital Adequacy Ratio , as % of Risk Weighted-

Assets ( Minimum Requirement, 8.5%) 16.15% 16.42%

Total Capital Adequacy Ratio , as % of Risk Weighted

Assets ( Minimum Requirement, 12.5%) 16.15% 16.42%Leverage Ratio (Minimum Requirment 3%) 7.77% 6.73

Regulatory Liquidity

Statutory Liquid Assets (LKR in Millions) 10,059 7,618

Statutory Liquid Assets Ratio (%) (Minimum Requirement - 20%)

Domestic Banking Unit (%) 25.24 20.56

Off-Shore Banking Unit (%)

Total Stock of High-Quality Liquid Assets (LKR in Millions) 4,170 4,442

Liquidity Coverage Ratio (%) (Minimum Requirement -100% )

Rupee (%) 182.18 231.31

All Currency (%)

Net Stable Funding Ratio (%) - (Minimum Requirement - 90% ) * 110 103

Assets Quality (Quality of Loan Portfolio)

Gross Non-Performing Advances Ratio 21.67% 21.31%

Net-Non performing Advances 19.06% 18.95%

Gross Non -Performing Advance Ratio,Excluding EPF 11.43% 10.34%

Net Non -Performing Advance Ratio Excluding EPF 8.22% 7.43%

Profitability

Interest Margin 5.56% 4.52%

Return on Assets (before Tax) 2.25% 1.86%

Return on Equity 9.37% 12.56%

Debt/Equity 1.42 1.40

Interest Cover 3.25 2.41

Interest Yeild 15.57% 14.04%

Financial Indicators

2 nd Quarter

30.06.2019 As at 31.12.2018

2 nd Quarter

30.06.2019

(5 Year

Floating Qtr

debentures)

2 nd

Quarter

30.06.201

9 (5

Year Fixed

Semi

debenture

s)

2 nd

Quarter

30.06.201

9 (10

Year Fixed

Annual

debenture

s)

Market Price of shares/Debentures during the Quarter

Highest Price Per Share/Debenture 26.80 30.00 - - -

Lowest Price Per Share/Debentures 20.00 23.00 - - -

Last Trading Price Per Share/Debentures 24.50 26.00 - - -

Listed Debenture Information

Quarter ended 30th June 2019 2019 2018

05 Years Floating Quarter(AWPLR+1.5) - -

05 Years Fixed Semi(10.50 p.a) - -

10 Years fixed Annual(12.00 p.a) - -

Notes to the Financial Statement

other applicable Sri Lanka Accounting Standards

financial statements .

4. There are no liabilities to Management Fees or any other similar expenditure not provided in the interim accounts,

5. Funds raised from Perpetual Bond

Objective

no

Objective as per prospectus

Amount allocated Proposed date of

Utilization

Amount

allocated

from

proceeds (A)

% of total

proceeds

Amount

utilized

(B)

% of

utilization

against

allocation

(B/A)

Clarrification if

not fully utilized

including where

the fund are

invested

Share Price(Rs)

Yeild to Maturity of Last Trade Done(% p. a)

2. These Financial statements have been prepared in accordance with the Sri Lanka Accounting Standard No 34, 'Interim Financial Reporting' and

3. No circumstances have arisen since the Statement of Financial Position date which would require adjustment to or disclosure in the interim

1.The Statement of Financial Position as at 30.06.2019, the Income Statement, Statement of Comprehensive Income, the Statement of Cash Flow and the

Statement of Changes in equity for the quarter ended , are drawn up from the unaudited accounts of the bank and provided the information required by the CSE

and the CBSL and where required, provides additional disclosures to comply with LKAS 34, Interim Financial Reporting.

Debenture

Issued 2015

100% Rs 250 Mn 100% Fully Utilized1 To increase the loan portfolio Rs 250 Mn 14-06-2019 Rs 250 Mn

100% Rs 250 Mn 100% Fully Utilized2 To increase the Tier 11 capital base of the Bank Rs 250 Mn 14-06-2019 Rs 250 Mn

7.There have not been significant changes in the nature of the contingent liabilities that required disclosure

in the interim financial statements for the quarter ended 30th

June 2019

8.Shares held by the twenty largest share holders of voting shares as at 30.06.2019

Share Holder Name No of Share %

1. National Housing Development Authority 32,180,000 49.73

2. L O L C Holdings Plc 9,707,740 15.00

3. Thurston Investments Limited 9,155,000 14.15

4. Sampath Bank Plc/ Dr.T.Senthilverl 4,893,378 7.56

5.Urban Development Authority 300,000 0.46

6. Condominium Management Authority 300,000 0.46

7. Dr Ruwanpura Rohitha De Silva 295,126 0.46

8.Sampath Bank PLC/MR.Arunasalam Sithampalam 258,054 0.40

9. Finco Holdings (Private) Limited 185,000 0.29

10.The Associated Newspapers of Ceylon Limited 180,000 0.28

11. Mr Dinesh Ajit De Zoysa 170,000 0.26

12.Miss Sudishna Chandani Perera 164,030 0.25

13.Richard Peris Financial Services(PVT) Ltd/M.A.A.Karim 141,485 0.22

14.Dr.Sena Yaddehige 133,180 0.21

15. Mr. Abishek Sithampalam 128,709 0.20

16.Mr Karagoda Loku Gamage Udayananda 127,963 0.20

17. Sezeka Limited 127,000 0.20

18.State Engineering Corporation 120,000 0.19

19.Road Development Authority 120,000 0.19

20.National Water supply & Drainage Board 120,000 0.19

Total 58,806,665 90.88

* The Public Holding percentage is 35.78% , No of Shares 23,156,274 and No of Shareholders 2,252

9. Minimum Share Holders for compliance

Float-adjusted

Market

Capitalization

Public Holding

Percentage

Number of

public

Shareholder

s Minimum Less Than 2.5 Bn 20% 500

Avalable 0.57 35.78% 2,252

10. Directors' & Chief Executive Officer's holding in shares and Debentures of the Bank at the end of 30.06.2019 are as follows.

Directors' & Chief Executive Officer's Name No of Shares No of Debentures

1.Dr R.H. Meewakkala - Chairman - -

2.Mrs.R.A.Chulananda - Director - -

3.Mr. N Wijeyanathan 3,979 -

4.Mr. J.R.U. De Silva 2,241 -

5.Mr U.H.C. Priyantha - -

6.Mr. L.S. Palansuriya - -

7.Dr. K. D. Gunawardana 1,000 -

8.Mrs. Noor Rizna Anees - -

9. Dr S N Morais 1,000

10.Mr I.G. Janaka Palitha (GM/CEO) - -

Total 8,220 -

11. Number of shares representing the entity's stated capital - 64,710,520

CERTIFICATION:

We , the undersigned, being the Chief Executive Officer and Chief financial officer of HDFC Bank of Sri Lanka certify that :-

(1) The above statements have been prepared in compliance with the format and definitions prescribed by the Central Bank of Sri Lanka & Colombo Stock Exchange.

(2) The information contained in these statements have been extracted from the unaudited financial statements of the bank unless indicated as audited.

………………………… ……………………………….

D.V.Pathirana I.G. Janaka Palitha

Chief Financial Officer General Manager / CEO

Signed for and on behalf of the Board of Directors, HDFC Bank of Sri Lanka

…………………………………………… …………………………………….

Dr R.H. Meewakkala Dr. K. D. Gunawardana

Chairman DirectorDated: 05 -07-2019

6. The Financial statements have been prepared in accordance with the accounting policies set out in the Annual Reports for the Year ended 31st Dec 2018 .

MINIMUM SHARE HOLDERS FOR COMPLIANCE

OPTION - 5