Presidential elections were held in Sri Lanka on 21 December 1999.

Incumbent President Chandrika Kumaratunga of the governing People's Alliance was re-elected for a second term, receiving 51% of the vote.

Kumaratunga campaigned to continue her actions against the Liberation Tigers of Tamil Eelam, while her main opponent Ranil Wickremasinghe called for the commencement of direct negotiations with the Tigers.

Three days before the election, Kumaratunga was nearly killed by an LTTE assassination attempt at her final rally.

She lost her right eye, and appeared heavily bandaged on television before the election.