PRESS RELEASE

View of the EGM and 28 Annual General Meeting of Federal Insurance

The Extra Ordinary General Meeting and the 28 Annual General Meeting of Federal Insurance was held on 21 July 2016 at Muktijuddho Srmity Milonayaton, IDEB, 160/A Kakrail, Dhaka. Mr. Enamul Hoq, Chairman of the company presided over the meeting. Executive Committee Chairman Alhaj Sabirul Hoque, Claims Committee Chairman Alhaj Md. Abdul Khaleque, Audit Committee Chairman Mr. Md. Didarul Anwar, Directors Mr. Jainul Abedin Jamal, Mamtaz Begum, Towfiqul Islam Chowdhury, Towhidul Alam, Abrarul Hoque, Rokshana Yesmin, Rasheda Begum and Managing Director A K M Sarwardy Chowdhury, Senior excutives of the company were present in the meeting. A good number of Shareholders participated in the discussion. Annual Accounts for 2015 of the company were approved and 5% Stock Dividend (Bonus Share) also approved. The Shareholders appreciated the performance of the Company despite hard competition and urged to increase dividend in future. Mr.Anisul Hoque and Rokan Uddin Chowdhury was elected Directors from Public Shareholders. The meeting was conducted by Mr. Sheikh Mohammad Anwar Uddin, SVP & Company Secretary.