MPDL Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

1. The above financial statements have been reviewed by the Audit Committee in its meeting held on 30th May, 2019 and then approved by the Board of Directors in its meeting held on 30th May, 2019

2. IND AS-115 Revenue from contract with customers, mandatory for reporting period beginning on or after April 1, 2018, replaces existing revenue recognition requirements. The company has applied the IND AS with Modified Retrospective Approach. This has no impact on companies profit for the year and retained earnings as at 1st April, 2018.