Annual Colours' Award Ceremony, a major felicitation ceremony to honor the undergraduate sportsmen & sportswomen of the University of Peradeniya who excelled in the sports field, was held in a grand scale on 17th of October, 2014 at the E.O.E. Perera Theatre, University of Peradeniya. At this glorious ceremony, all the athletes who have showed splendid performance during the years 2012 & 2013 at Inter University, National & International Competitions representing University of Peradeniya were awarded colours' & special awards. Besides 29 special awards, 274 sportsmen & 167 sportswomen were awarded full colours' for their achievements in local and international competitions.

Deputy Vice Chancellor, Prof. Shantha K Hennayake, was the Chief Guest for this event while the Deans of the faculties of Medicine, Prof. MD Lamawansa, Science, Prof. Anura Wickramasinghe, Veterinary Medicine & Animal Sciences, Prof. HBS Ariyarathne graced the occasion as the special guests. The Director of Physical Education, Mr. Palitha Kumara & the staff of the Department of Physical Education with the help of Sports Council organized the event.