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PROGRESLIF

All Eps Dividend Board Agm Q1 Q2 Q3

PROGRESLIF 02-Aug-2018

(Q1 Un-audited): Increase in life revenue account for Jan- March 2018 was Tk. 26.48 million with total life insurance fund of Tk. 2,797.55 million as against Tk. 46.78 million with total life insurance fund of Tk. 2,758.39 million respectively for the same period of the previous year.

PROGRESLIF 02-Aug-2018

(Q3 Un-audited): Decrease in life revenue account for July-September, 2017 was Tk. 38.66 million as against increase in Tk. 112.69 million for July-September, 2016. Whereas decrease in life revenue account for Jan- September, 2017 was Tk. 1.89 million with total life insurance fund of Tk. 2,709.73 million as against increase in Tk. 62.02 million and Tk. 2,762.69 million respectively for Jan- September, 2016.

PROGRESLIF 02-Aug-2018

(Q2 Un-audited): Decrease in life revenue account for Apr-June 2017 was Tk. 10.00 mn. with total life insurance fund of Tk. 2,748.39 mn. as against decrease in Tk. 36.10 mn. and Tk. 2,649.99 mn. respectively for the same period of the previous year. Increase in life revenue account for Jan-June 2017 was Tk. 36.78 mn. with total life insurance fund of Tk. 2,748.39 mn. as against decrease in Tk. 50.67 mn. and Tk. 2,649.99 mn. respectively for the same period of the previous year.

PROGRESLIF 02-Aug-2018

(Q1 Un-audited): Inecrease in life revenue account for Jan- March 2017 was Tk. 46.78 million with total life insurance fund of Tk. 2,758.39 million as against decrease in Tk. 14.58 million with total life insurance fund of Tk. 2,686.09 million respectively for the same period of the previous year.

PROGRESLIF 02-Aug-2018

(Q3 Un-audited): Increase in life revenue account for July-September, 2016 was Tk. 112.69 million as against decrease in Tk. 89.73 million for July-September, 2015. Whereas increase in life revenue account for Jan- September, 2016 was Tk. 62.02 million with total life insurance fund of Tk. 2,762.69 million as against decrease in Tk. 59.06 million and Tk. 2,570.19 million respectively for Jan- September, 2015.

PROGRESLIF 02-Aug-2018

(Q2 Un-audited): Decrease in life revenue account for Apr-June 2016 was Tk. 36.10 mn. with total life insurance fund of Tk. 2,649.99 mn. as against decrease in Tk. 3.35 mn. and Tk. 2,659.92 mn. respectively for the same period of the previous year. Decrease in life revenue account for Jan-June 2016 was Tk. 50.67 mn. with total life insurance fund of Tk. 2,649.99 mn. as against increase in Tk. 30.66 mn. and Tk. 2,659.92 mn. respectively for the same period of the previous year.

PROGRESLIF 02-Aug-2018

(Q1 Un-audited): Decrease in life revenue account for Jan- March 2016 was Tk. 14.58 million with total life insurance fund of Tk. 2,686.09 million as against increase in Tk. 34.02 million with total life insurance fund of Tk. 2,663.27 million respectively for the same period of the previous year.

PROGRESLIF 02-Aug-2018

(Q3 Un-audited): Decrease in life revenue account for July-September, 2015 was Tk. 89.73 million as against Tk. 124.99 million for July-September, 2014. Whereas decrease in life revenue account for Jan- September, 2015 was Tk. 59.06 million with total life insurance fund of Tk. 2,570.19 million as against Tk. 38.76 million and Tk. 2,586.71 million respectively for Jan- September, 2014.

PROGRESLIF 02-Aug-2018

(Continuation news of PROGRESLIF): and unaudited financial statements for the 1st quarter ended on March 31, 2018. The Company has also informed that the matter of audited accounts and holding of AGMs are Sub-Judice in the Hon'ble High Court Division of Bangladesh. (end)

PROGRESLIF 02-Aug-2018

In response to DSE letters regarding imposing penalty and sending clarification for noncompliance in failure to submit the due audited and unaudited financial statements from years 2014 to 2018, the company has submitted their unaudited 2nd quarter, 3rd quarter financial statements for year 2014; 1st, 2nd and 3rd quarter statements for the years from 2015 to 2017 (cont.)

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