Road show for price discovery of Summit Shipping Ltd on 20 January, 2011

Road show for price discovery of indicative price of Summit Shipping Ltd will be held in Ballroom, Sonargaon Hotel, Dhaka on January 20, 2011. Eligible Institutinal Investors can participate in the road show to discover the indicative price for issuance of 30,000,000 ordinary shares of Summit Shipping Ltd through IPO under book building method.

Banco Finance & Investment Limited is the issue manager of this IPO.

The details of the road show are as follows:

Public Offer  : 30,000,000 Ordinary shares
Face Value    : Tk. 10/- each share

Indicative Price    : Tk. 80/- each share (including a premium of 70/-)

Vanue : Ballroom, Sonargaon Hotel, Dhaka
Date  :  January 20, 2011

Time : 07:30 P.M

Source: Own correspondence,