With reference to BSEC's consent for issuing of 46,094,633 fresh ordinary shares of Tk. 10.00 each (offer price of Tk. 28.30 including a premium of Tk. 18.30 per share) to International Finance Corporation (IFC), the Company has further informed that IFC has already subscribed the required amount of Tk. 1,304,478,113.90 only to the Bank and they have already allotted the said number of shares of the City Bank Limited to IFC. (cont.)