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13th January, 2022

Colombo Stock Exchange,

#04-01, West Block,

World Trade Centre,

Echelon Square,

Colombo 01.

Attn: Mr. Renuke Wijeyawardhane

Chief Operating Officer

Dear Sirs,

PEOPLE'S MERCHANT FINANCE PLC - (PQ 200)

DEALINGS BY DIRECTORS

We write for and on behalf of our client, People's Merchant Finance PLC ("Company").

As required by Rule 7.8 of the listing rules of the Colombo Stock Exchange, together with section 200(2) read with section 198 of the Companies' Act No. 7 of 2007, we wish to inform you that Sterling Capital Investments (Private) Limited, has sold shares in the Company as detailed below:

Date of transaction

Number of shares sold

Price per share (Rs.)

07th January 2022

1,935,588

10.00

10th January 2022

20,000

10.20

Kindly note that Mr. Koralage Rangana Pubudu Madusanka, Non Independent Non Executive Director of the Company is a director of Sterling Capital Investments (Private) Limited.

The above was disclosed to the board of directors of the Company on 13th January 2022.

Yours faithfully,

Chief Executive Officer

CORPORATE SERVICES (PRIVATE) LIMITED

Secretaries

PEOPLE'S MERCHANT FINANCE PLC

Document Ref: BXRBD-RJH7A-LWCDE-UIXEU

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People's Merchant Finance plc published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 04:54:04 UTC.