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Rights Issue Info

R.N. SPINNING MILLS LIMITED

M. L. Tower (15th floor), 1 East Rampura D.I.T Road, Dhaka-1219

Tel: 9337472, 9338232,8312878, Fax: 880-2-9337862

Email: sharpindustriesplc@fargroupbd.com ; This e-mail address is being protected from spambots. You need JavaScript enabled to view it , Web site: www.sharpindustriesplc.com

PRICE SENSITIVE INFORMATION FOR RIGHTS ISSUE

This is for kind information of all concerned that in compliance with SEC's approval letter no. SEC/CI/RI-70/2011/997 dated January 11, 2012; the Board of Directors of the Company in its emergent meeting held on 12.01.2012 ended at 4.30 pm in M. L. Tower (15th floor), 1 East Rampura D.I.T Road, Dhaka-1219 has decided the followings:

Number of Rights share to be Issued

139,141,230 Ordinary Shares

Ratio of the Issue

1[R]:1 i.e. 1 (one) Rights Share for 1 (one) existing share held on the record date.

Issue Price per Share

Tk. 20.00 each including a premium of Tk. 10.00

Record Date for entitlement of rights shares

31.01. 2012

Subscription Opening Date

17.02. 2012 (during banking hours)

Subscription Closing Date

13.03. 2012 (during banking hours)

Manager to the Issue

AAA Consultants & Financial Advisers Ltd.

Amin Court(4th Floor), Suit # 403-405

31, Bir Uttam Shahid Ashfaquus Samad Road

(Previous 62-63, Motijheel C/A), Dhaka-1000

Phone: +88029559602, +88029567726; Fax: 880-2-9558330

Web-site: www.aaawebbd.com; E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Objective

The Company will expand its production capacity along with better quality through installation of brand new machinery.

BANKERS TO THE ISSUE OF RIGHTS SHARE OF R. N. SPINNING MILLS LIMITED

JAMUNA BANK LIMITED

1. Mohakhali Br., Dhaka

2. Sonargaon Road Br., Dhaka

3. Dilkusha Br., Dhaka

4. Shantinagar Br., Dhaka

5. Gulshan Br., Dhaka

6. Dhanmondi Br., Dhaka

7. Motijheel Br., Dhaka

8. Uttara Br., Dhaka

9. Mirpur Br., Dhaka

10. Narayangonj Br., Narayangonj

11. Agrabad Br., Chittagong

12. Rajshahi Br., Rajshahi

13. Jublee Road Br., Chittagong

14. Jessore Br., Jessore

15. Comilla Br., Comilla

SOCIAL ISLAMI BANK LIMITED

1. Principal Branch, Dhaka

2. Agrabad Br., Chittagong

3. Khulna Br., Khulna

4. Sylhet Br., Sylhet

5. Rajshahi Br., Rajshahi

6. Gulshan Br., Dhaka

7. Babu Bazar Br., Dhaka

8. Moulvi Bazar Br., Dhaka

9. Begum Rokeya Sarani Br., Dhaka

10. Sonargaon Br., Sonargaon

11. Foreign Exchange Br., Dhaka

12. Dhanmondi Br., Dhaka

13. Jublee Road Br., Chittagong

14. Uttara R., Dhaka

15. Mirpur Br., Dhaka

BANK ASIA LIMITED

1. MCB Dikusha Br., Dhaka

2. Gulshan Br., Dhaka

3. Scotia Br., Dhaka

4. MCB Banani Br., Dhaka

5. North South Road Br., Dhaka

6. Dhanmondi Br., Dhaka

7. Mirpur Br., Dhaka

8. MCB Sk. Mujib Road Br, Chitta.

9. CDA Avenue Br., Chittagong

10. Sylhet Main Br., Sylhet

11. Rajshahi Br., Rajshahi

12. Bogra Br., Bogra

13. Jessore Br., Jessore

14. Khulna Br., Khulna

15. Shantinagar Br., Dhaka

INVESTMENT CORPORATION OF BANGLADESH (ICB)

1. Head Office, Dhaka

2. Chittagong Branch Agrabad C/A, Chittagong

3. Rajshahi Branch, Saheb Bazar, Rajshahi

4. Khulna Branch, Shilpa Bank Bhaban, Khulna

5. Barishal Branch, Hemayat Uddin Road, Barishal

6. Sylhet Branch, Chamber Building, Jail Road, Sylhet

7. Bogra Branch, Baragola, Bogra

8. Local Office, Nayapaltan, VIP Road, Dhaka

➀ Shareholders whose names will appear in the Register of members of the Company or in the depository on the record date (i.e. 31.01. 2012) are entitled for the rights share.

➁ All transactions above Tk. 1.00 lac must be effected through Demand Draft/Cross Cheque/Pay Orders.

➂ The Rights Share Offer Document relating to issuance of Rights Share will be sent by Post/Courier Service to the registered address of the shareholders in due time. If the Rights Share Offer Document is not received in time, the concerned shareholders are requested to contact the Share Department at Head Office during office hours.

Date: 12.01. 2012

Dhaka

Sd/-

Md. Humayun Kabir, ACMA

Director (Finance) & Company Secretary