Mold Tek Technologies

Mold Tek Technologies Ltd has informed that the members at the 23rd Annual General Meeting (AGM) of the Company held on September 26, 2007, inter alia, have considered and approved the following:

1. Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account for the year ended on that date together with the Auditors and Directors Report thereon.

2. Declaration of Dividend @ 20% for the year ended March 31, 2007.

3. Re-appointment of Mrs. J Mythraeyi and Dr. K V Appa Rao, as Directors of the Company, retiring by rotation.

4. Re-appointment of M/s. Praturi & Sriram, Chartered Accountants, as Statutory Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company.

5. Adoption of Special Business as mentioned in Notice of Annual General Meeting in Annual Report of the year 2006-07.