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1 Disclaimer: The contents of this presentation are entirely based on disclosures made by the company. Therefore, DSE does not assume any responsibility on the authenticity of the facts and figures presented thereof. (If there is any contrary information please communicate with DSE through Brief Overview of the Company 1. Date of Incorporation : 26 th April Converted into PLC : 18 th January Authorized Capital : Tk m 4. Paid up Capital : Tk m (as on ) 5. Business : Provide Off-Dock Services as Inland Container Depot with facilities for Empty Container Storage and Container Freight Station for handling both import and export cargo. 6. Offloading of 11,900,000 Ordinary shares of Tk. 10 each Totaling Tk. 119,000, which is 50% of existing paid-up capital. History of Paid up Capital : Year Issued, Subscribed and Sources of Capital Paid-up Capital (million Tk.) Issued on cash Issued on Bonus 250% in total Tk.50.00m Issued on Bonus 240% in total Tk m Issue Manager: ICB Capital Management Limited. Auditor: Basu Banerjee Nath & Co. 1

2 Ocean Containers Ltd. At a glance (the Company/OCL), initially incorporated as a Private Company on 26 th April 1986, was converted into a Public Company on 18 th January 1992 in terms of the provisions under section 154 of the Companies Act, The Company s Registered Office at Katghar, Chittagong with Corporate Office at Summit Centre, 18 Kawran Bazar C/A. Dhaka The principal activity of the Company is to provide Off-Dock Services as Inland Container Depot (ICD) with facilities for Empty Container Storage and Container Freight Station (CFS) for handling both import and export cargo. OCL is the pioneer for Inland Container Depot (ICD) and Container Freight Stations (CFS) in Bangladesh. It is located at Patenga Industrial Area of Chittagong on the International Airport road, which is only 6 km from the country s largest seaport, Chittagong Port. OCL owns over 14 acres of Custom bonded free hold land. Its activities, though initially limited to storage of Empty Containers, now comprises of stuffing and unstuffing of 7,000+ Containers on monthly basis and a daily empty storage of 1,800 Containers (TEUs). With the logistic support of its surface transport wing, OCL can deliver containers anywhere in Bangladesh. Its fully computerized system allows it to keep track of all containers. OCL is an ISO 9001: 2000 Quality Management Certified company. It is the first company in Bangladesh to have the ISO certification for Inland Container Depot (ICD) and Container Freight Station (CFS). Services of the company: OCL offers three types of services to its valued clients i.e. Inland Container Depot (ICD), Container Freight Station (CFS) operation and customized services. Besides, during 2008, it got permission for import operation from Chittagong Port Authority. Various services under different operational areas of OCL are delineated in the following table: ICD CFS Customized Service container handling empty container removal plan wise container stacking at yard empty redelivery in various location (i.e. redelivery at CPA\ CY, Shipper premises or direct vessel hock) export cargo receiving cargo stacking at warehouse stuffing of container unstuffing of import container container repair and maintenance fumigation condition survey prepare documentation and arrange stuffing as per shipper\ shipping agent \ NVOCC or MLO s stuffing plan. 2

3 Name & position of all the s of the company: Sl No Name of the directors Position 1 Mr. Muhammed Aziz Khan Chairman 2 Mr. Syed Ali Jowher Rizvi Managing 3 Dr. Syed Ali Gowher Rizvi, 4 Mrs. Anjuman Aziz Khan, 5 Mrs. Sobera Ahmed Rizvi, Mr. Latif Khan 6 7 Mrs. Ayesha Aziz Khan, 8 Ms. Adeeba Aziz Khan 9. Mr. Syed Yasser Haider Rizvi DMD 10. Mr. Syed Nasser Haider Rizvi DMD 11. Mr. Faisal Karim Khan DMD Ownership of the Company s Securities: Sl No Shareholder's Name No of Shares 1 Mr Muhammed Aziz Khan 7 2 Mrs. Sobera Ahmed Rizvi 8 3 Summit Industrial & Mercantile Corporation (Pvt) Ltd. 4 4 Mr. Syed Ali Jowher Rizvi 5 5 Mrs. Anjuman Aziz Khan 4 6 Cosmopolitan Traders (Pvt) Ltd. 4 7 Ms. Ayesha Aziz Khan 6 8 Alliance Holdings Ltd. 5 9 Ms. Adeeba Aziz Khan 6 10 Ms. Azeeza Aziz Khan ,799,945 Total 23,800,000 3

4 Name and address of the persons owning 5% or more of the securities of the issuer: Sl No Name of the Owners of Securities Position No of Shares Amount in Taka Percentage of Ownership 1 Summit Alliance Port Limited Holding Company 23,799, ,999,450 Almost 100% 23,799, ,999,450 Mailing address of owners of is at Summit Centre (12 th Floor), 18 Kawran Bazar Commercial Area, Dhaka Holding position of any director in any company, society, trust, organization or other firms: Sl No 1 Name of director Mr. Muhammed Aziz Khan Mr. Syed Ali Jowher Rizvi Mrs. Anjuman Aziz Khan Mrs. Sobera Ahmed Rizvi 5 Ms. Ayesha Aziz Khan Name of company where the director is involved Summit Power Limited Khulna Power Company Limited Summit Industrial & Mercantile Corpn. (Pvt) Ltd. Cosmopolitan Traders (Pvt) Ltd. Alliance Holdings Limited Global Beverage Co. Ltd. PEB Steel Alliance Ltd Summit Power Limited Khulna Power Company Limited Summit Industrial & Mercantile Corpn. (Pvt) Ltd. Cosmopolitan Traders (Pvt) Ltd Alliance Holdings Limited Summit Power Limited Khulna Power Company Limited Summit Industrial & Mercantile Corpn. (Pvt) Ltd. Cosmopolitan Traders (Pvt) Ltd Position in that company Chairman Managing 4

5 6 7 Ms. Adeeba Aziz Khan Mr. Latif Khan 8 Mr. Syed Yasser Haider Rizvi 9 Mr. Syed Nasser Haider Rizvi 10 Mr. Faisal Karim Khan 11 Dr. Syed Ali Gowher Rizvi Summit Industrial & Mercantile Corpn. (Pvt) Ltd. Cosmopolitan Traders (Pvt) Ltd Summit Power Limited Khulna Power Company Limited Summit Industrial & Mercantile Corpn. (Pvt) Ltd. Cosmopolitan Traders (Pvt) Ltd Alliance Holdings Limited Global Beverage Co. Ltd. Summit Power Limited Alliance Holdings Limited Global Beverage Co. Ltd. Dy. Managing Dy. Managing Dy. Managing Description of Property: Information in respect of properties, plants and equipments: The company itself owns the entire fixed assets except lease hold assets. The properties, plants and equipments owned by the company and written down value thereof are stated as follows: Sl No Classes of Property, Plant and Equipment WDV at WDV at Land and Land Development 852,348, ,866,700 2 Building and Other Construction 366,766, ,299,537 3 Plant and Machinery 91,936,204 50,314,726 4 Office Equipment 4,702,431 2,544,712 5 Furniture and Fixtures 4,245,691 3,461,944 6 Vehicles 6,650,197 4,778,479 Total 1,326,649, ,266,098 Plant and Machinery includes leased equipment having WDV at Tk.2,786,847/- as at 31 December

6 Location of the principal plants and other property and the condition thereof: LANDS: LOCATION SALE DEED DATED MOUZA R.S. BS AREA IN CONDITION No. KHATIAN KHATIAN DECIMAL Katghar, Patenga, Ctg Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga 2321,2323, ,1407, Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga 2345, , Good Do Uttar Patenga 2339, , Good Do Uttar Patenga 2345, , Good Do Uttar Patenga 2345, , Good Do Uttar Patenga 2345, , Good Do Uttar Patenga 2345, , Good Do Uttar Patenga 2345, , Good Do Uttar Patenga 2345, , Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga 2294,2991, ,861,291, Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga Good Do Uttar Patenga Good Total 1,

7 BUILDINGS: SL.No. PARTICULARS AREA (Sft) CONDITION A. Sheds: 1 Prefabricated Shed-1 with extension 25,745 Good 2 Prefabricated Shed-2 16,900 Good 3 Prefabricated Shed-3 & 3A 24,869 Good 4 Prefabricated Shed-4 8,200 Good 5 Prefabricated Shed-5 9,605 Good 6 Prefabricated Shed-6 60,800 Good 7 Jute Yard 8,439 Good 8 Refrigeration Yard 12,090 Good B. Buildings: 7 ICD-Old (2 Storied) 1,330 Good 8 ICD-New ( 2 Storied) 4,288 Good 9 CFS-Building (4 Storied) 4,368 Good 10 CFS-Extension (4 Storied) 2,600 Good 11 Customs Building 2,300 Good 12 Prayer Room 600 Good 13 Security Room 600 Good Total 16,086 C. Infrastructure Development: 14 Land Filling 586,681 Good 15 Pavement 425,243 Good 16 Boundary Wall 5,526 Good 17 Drain 6,957 Good 7

8 PLANT & MACHINERY: Sl Items Country Quan- No of Origin tity Condition 1 Second Hand KATO Hydraulic Crane Japan 1 Good 2 Reconditoned KATO Rough Terrain Crane-KR-25 H-111 Japan 1 Good 3 Reconditoned KATO Rough Terrain Crane-KR-25 H Linde Material Handling Equipment Model-H18D 5 Linde Material Handling Equipment Model-H18D 6 Used Linde Material Handling Equipment Model-H25D 7 Daewoo Forklift Model-FD 60 South Korea 8 Daewoo Brand Diesel South Operated Forklift-Model-D50SC-2 Korea 9 Daewoo Brand Diesel Operated Forklift-Model-D25S-3 10 Second Hand Container Handler Fantuzzi FDC 11 Used Fantuzzi CS 45 KL Reach Stacker 12 Fantuzzi Reach Staker Serial No TCM Brand Diesel Engine Driven Forklift Truck Model-FD100Z 14 Reconditioned TCM Forklift Model-FD25Z2S 15 TCM Brand Diesel Engine Operated Forklift -Model-FD100Z8 16 Reconditioned TCM Forklift Model-FD-30 Z8 17 Refurbished Linde C 80/5 Empty Container Handler Japan 1 Good Germany 1 Good Germany 1 Good Germany 1 Good South Korea 1 Good 1 Good 1 Good Italy 1 Good Italy 1 Good UK 1 Good Japan 1 Good Japan 1 Good Japan 1 Good Japan 1 Good Germany 1 Good 18 PPM Crane-C580 Japan 1 Good 19 Trailer 1 Good 8

9 Performance at a Glance: Tk. In million Particulars Turnover Growth 0.43% 8.84% 17.57% 74.71% Operating Expense Growth 0.58% 9.30% 4.07% 13.93% Gross Profit Growth -0.04% 7.41% 60.25% % Administrative,Selling & Financial Expense Growth -5.97% 7.04% -1.47% % Net Profit before Income Tax & Tax Holiday Reserve Growth 22.43% 8.48% % % Special Reserve for Tax holiday % 28.16% % Net Profit Before Income Tax % 6.71% % % Provision for Income Tax Net Profit after Income Tax Growth 19.05% -5.60% 39.69% % Earning Per Share (EPS) Growth 19.05% -5.60% 39.69% % EPS (restated considering paid-up shares as on ) Growth 19.05% -5.60% 39.69% % Total Assets Growth % 0.48% 25.04% 88.14% Net Assets Growth 0.90% 0.94% 27.99% 68.75% Net Assets excluding Revaluation Surplus NAV per share Growth 0.90% 0.94% 27.99% 68.75% NAV per share (restated considering paid-up share as on ) Growth 0.90% 0.94% 27.99% 68.75% 9

10 Particulars Shareholders Equity No. of Shares No. of shares as on ROE 1.12% 1.33% 1.24% 1.35% 8.92% ROA 0.79% 1.08% 1.01% 1.13% 6.67% Net Profit Margin 3.16% 3.74% 3.25% 3.86% 24.54% Gross Profit Margin 24.45% 24.33% 24.01% 32.73% 56.13% Asset Utilization 25.15% 28.72% 31.10% 29.25% 27.16% Equity Multiplier Short-term Debt Long-term Debt Total Debt Capital Employed Total Debt to Total Asset 29.36% 18.95% 18.58% 16.66% 25.25% Total Debt to Total Capital 33.61% 19.95% 20.59% 19.29% 33.64% STD to Total Capital 14.45% 5.26% 10.80% 15.78% 33.24% Total Debt to total Equity 41.57% 23.38% 22.82% 19.99% 33.78% Interest Expense EBIT Time Interest Earned Ratio Current Asset Current Ratio Quick Asset Quick Ratio

11 Net Tangible Assets per Share: Net Tangible Assets value is based on historical cost accounting (HCA) book value of shareholder s net tangible assets, as adjusted by revaluation surplus. This is determined on the basis of audited Balance Sheet as at 31 December 2008 as follows: A.1 Property, Plant and Equipment 1,326,649, ,266,099 A.2 Current Assets 322,264, ,151,868 A.3 Total Assets (A.1+A.2) 1,648,914, ,417,967 B.1 Less: Current Liabilities 411,356, ,445,211 B.2 Less: Long Term Liabilities 4,992,645 26,550,000 B.3 Total Liabilities (B.1+B.2) 416,349, ,995,211 C. Net Assets (A.4-B.3) 1,232,564, ,422,756 D. Re-stated Number of Shares 23,800,000 7,000,000 E. Net Tangible Asset Value per Shares (C/D)

12 Fixed Assets Schedule: OCEAN CONTAINERS LIMITED FIXED ASSETS SCHEDULE AS AT DECEMBER 31, 2008 Particulars Land Building and other Constructi ons Electric Equipm ent Container Handling Equipment Furniture and Fixtures Office Equipme nt Motor Vehicles Other Assets Total Opening Block as on ,866, ,357,899 12,321,291 71,642,159 4,989,459 5,637,707 8,020, , ,552,995 Additions during the year - 91,428,203 1,400,000 25,517,035 1,273,759 3,048,343 4,078,000 89, ,834,975 Gross Block as on 417,866, ,786,102 13,721,291 97,159,194 6,263,218 8,686,050 12,098, , ,387, Accumulated depreciation as on ,058,362 3,997,775 29,942,611 1,527,515 3,092,995 3,241, ,918 88,286,897 Charged during the year - 8,556, ,351 13,490, , ,624 2,206,282 76,259 26,683,110 Deprecation as on ,615,195 4,970,126 43,433,360 2,017,527 3,983,619 5,448, , ,970,007 Net Block as on ,866, ,170,907 8,751,165 53,725,834 4,245,691 4,702,431 6,650, , ,417,963 Further revaluation surplus as on ,481,300 78,595,980-29,154, ,231, WDV at current cost as on ,348, ,766,887 8,751,165 82,880,001 4,245,691 4,702,431 6,650, ,038 1,326,649,410 Depreciation is allocated as below: Expenses Administrative Expenses Operating Taka Taka 22,772,048 15,793,221 3,911,076 6,768,523 26,683,124 22,561,744 S.F. Ahmed & Co. Chartered Accountants and Values, an associate firm of Earnest and Young, have revalued the land, Building and Other Construction and Container Handling Equipment of the Company as of following the current cost accounting method. The revaluation resulted into a further revaluation surplus aggregating Tk. 542,231,447 as of

13 Risk Factors and Management Perception: Risk is always associated with any kind of investment. So before taking decision on investing in the shares of, the investors should carefully analyze the following risks in addition to the information contained in the Information Document: (a) Interest rate risk: Interest rate risk is concerned with borrowed funds of short term and long-term maturity. Volatility in money market and increased demand for loans/investment funds raise the rate of interest. High rate of interest enhances the cost of fund of a Company and squeezes the profit. Management Perception: Since the OCL has not borrowed fund at flexible rate, hence, the interest rate risk does not arise. b) Exchange rate risk: Exchange rate risk relates to transactions in foreign currency. The Company imports equipment from abroad where foreign currency is involved and exchange rate can impact such imports. Management Perception: As foreign currencies are available in money market, OCL can meet its foreign currency outflows. c) Industry risk: Like other companies, OCL also suffers from industry risks arising out of changes in customer choices. Management Perception: OCL continuously carries out research and development (R&D) to keep pace with the customer choices. d) Market & Technology related risk: Technology for a Containers Port is being upgraded in the world. Emergence of new technology may cause obsolescence of existing technology/equipment. So embracing with new technology is essential for ensuring better services at lower costs. Management Perception: OCL is aware of technological changes and has adopted new technology according to its needs. Further routine and proper maintenance of the equipment carried out by the OCL ensures longer service life for the existing equipment and facilities. e) Potential or existing Government regulations: Like other companies, OCL operations are affected by potential or existing Government regulations relating to port, import, foreign exchange, monetary and fiscal regimes. Management Perception: Since OCL is an infrastructure company, the Government regulations are mostly investment-friendly. f) Potential changes in global or national policies: The performance of the Company may be affected due to unavoidable circumstances both in Bangladesh and worldwide, such as war, terrorism, political unrest in the country or customer countries. Changes in global or national policies may also adversely affect the economy in general. 13

14 Management Perception: The risk due to changes in global or national policies is beyond control of any company. Yet OCL has spread its import from various countries of the world to reduce the risk. Further, it adopted policies to meet the challenges from potential changes in global or national policies. g) Non-Operating History: There is no history of non-operation in the case of OCL. Management Perception: To overcome these uncertainties, the Company has its own power backup, scientific inventory management and continuous market promotion systems, which reduce the non-operating risk. h) Operational Risk: Non-availability of materials/equipment/services may affect the smooth operational activities of OCL. On the other hand, the equipment may face operational and mechanical failures due to natural disasters, terrorist attacks, unforeseen events, lack of supervision and negligence, leading to severe accidents and losses. Management Perception: The Company is equipped with power backup system, which reduces operational risk. Besides, the equipment is under insurance coverage in order to get reasonable compensation for any damages. Apart from these, routine check and proper maintenance of the equipment also reduce and eliminate the operational risk. 14