Beruwala Resorts PLC announced that Mr. A. Rajaratnam has relinquished his position as Chairman of the board of directors with effect from May 14, 2013. However, Mr. A. Rajaratnam will continue as director. Mr. S.D.R. Arudpragasam who serves as director on the board of the company has been appointed as Chairman of the company with effect from May 15, 2013.

Mr. C.P.R. Perera who serves as director on the board of the company has been appointed as Deputy Chairman of the company with effect from May 15, 2013.