The inscription is engraved on all four sides of the lower part of a pillar, which was unearthed in about 1931 in the paddy field at Mäda-Ulpota, an abandoned village in the Gan̆gala Uḍasiya Pattuva of the Mātaḷē District. The pillar fragment now stands in a chena adjoining the field. The inscription was first copied for scholarship by Senarath Paranavitana in July 1932. The name of the king in whose reign the document was dated has not been preserved. The inscription records the grant of immunities to a land which was situated in a village called Panāväli and which, apparently, was set apart for the benefit of the servitors at the Council Hall (attāṇi–hala). In style, the inscription resembles the Poḷonnaruva Council Chamber pillar inscription (IN03158) and enables us to settle one or two doubtful points in the reading of that record.