Dividend Announcements - 16th August 2007

PAE Members approve 10% Dividend :The members of PAE, at their 57th annual general meeting (AGM) held on Jul. 30, 2007, approved the declaration of dividend of 10% a share for the year ended Mar. 31, 2007 and adopted final annual accounts of the company for the same period (2006-2007).

ICI India approves Rs27 /Share Dividend :The members of ICI India, at their 53rd annual general meeting (AGM) held on Jul. 19, 2007, approved the declaration of dividend of Rs 27 a share for the year ended Mar. 31, 2007 and adoption of final annual accounts of the company for the same period (2006-2007).

Xpro India Board approves Rs1.50/Share Dividend:The members of Xpro India, at their 10th annual general meeting (AGM) held on Jul. 26, 2007, approved the declaration of dividend of Rs 1.50 a shares for the year ended Mar. 31, 2007.

Eldeco Housing Board to recommend Dividend:A meeting of the board of directors of Eldeco Housing Industries will be held on Aug. 22, 2007 to recommend dividend on the equity shares of the company for the financial year 2006-2007.

DFM Foods declares 5% Dividend:The members of DFM Foods at the annual general meeting of the company held on Jul. 26, 2007 declared a dividend of 5% on the paid up equity share capital of the company for the year ended Mar. 31, 2007.

Almondz Global board recommends Dividend:The board of directors of Almondz Global Securities, at its meeting held on Aug. 16, 2007, decided to recommend to the shareholders of the company, at the forthcoming 13th Annual General Meeting (AGM), a payment of 15% dividend on equity shares of Rs 6 each for the year ended Mar. 31, 2007.

Pritish Nandy Communications to declare Dividend:An annual general meeting (AGM) of the members of Pritish Nandy Communications will be held on Sep. 06, 2007 to declare dividend for the financial year ended Mar. 31, 2007.

Sadbhav Engineering Board recommends 35% Dividend:The board of directors of Sadbhav Engineering at its meting held on Aug. 16, 2007 recommended a dividend of 35%, i.e Rs 3.50 a share for the financial year 2006-07.

Uflex board recommends final Dividend:The board of directors of Uflex recommended a final dividend of Rs 2.00 a share, on shares of face value Rs 10 each, subject to the approval of the shareholders, for the year ended Mar. 31, 2007. This is in addition to the interim dividend of Rs 2.00 a share already declared and paid.

ITC approves 31% Dividend :The members of ITC at their annual general meeting (AGM) held on Jul. 27, 2007, approved the declaration of dividend at the rate of Rs 3.10 a share to be rounded off by such sum as may be required, on fully paid share of Re 1 each, out of the net profit of the company for the financial year ended Mar. 31, 2007.