4th Sarasaviya Awards
The 5th Sarasaviya Awards festival, presented by the Associated Newspapers of Ceylon Limited, was held to honor the best films of 1966 Sinhala cinema on July 5, 1967, at the Regal Cinema, Colombo, Sri Lanka. Honorable Minister of State J. R. Jayewardene and lady Elina Jayewardene were the chief guests at the awards night.
The film Delovak Athara received most nominations and awards at the ceremony.
Awards
| Category | Film | Recipient |
| Best Film | Senasuma Kothanada | Somasiri Perera |
| Best Director | Delovak Athara | Lester James Peries |
| Best Actor | Parasathu Mal | Gamini Fonseka |
| Best Actress | Oba Dutu Da | Iranganie Serasinghe |
| Best Script Writer | Parasathu Mal | P. K. D. Seneviratne |
| Best Cinematographer | Delovak Athara | William Blake |
| Best Editor | Delovak Athara | Sumitra Peries |
| Best Lyricist | Maha Re Hamuwu Sthriya | Karunaratne Abeysekera |
| Best Male Playback Singer | Senasuma Kothanada | W. D. Amaradeva |
| Best Female Playback Singer | Parasathu Mal | Sujatha Aththanayaka |
| Most Popular Actor | People's vote | Gamini Fonseka |
| Most Popular Actress | People's vote | Jeevarani Kurukulasuriya |
| Merit Awards | Tony Ranasinghe | |
| Merit Awards | Sandhya Kumari | |
| Merit Awards | Jeevarani Kurukulasuriya |
| Category | Film |
| Popular Awards from Reader Vote | - |
| Popular Awards from Reader Vote | Delovak Athara |
| Popular Awards from Reader Vote | Oba Dutu Da |
| Popular Awards from Reader Vote | Parasathu Mal |
| Popular Awards from Reader Vote | Sadol Kandulu |
| Popular Awards from Reader Vote | Sampatha |
| Popular Awards from Reader Vote | Senasuma Kothanada |