Punjab Woolcombers stock split

Punjab Woolcombers Ltd has informed that a meeting of the Board of Directors of the Company will be held on November 05, 2007, inter alia, to discuss the following:

1. To consider & discuss about change of name of the Company.

2. To consider about splitting up of equity shares.

3. To consider about raising funds from various sources including ADR, GDR, FCCB etc.

4. To consider alteration in Objects clause by inserting infrastructure business as main business & amendments in Articles.

5. To take note at rehabilitation Scheme sanctioned by BIFR.

6. To consider about convening Extra-ordinary General Meeting.