Parle Software bonus issue

Parle Software Ltd has informed that the Board of Directors of the Company at its meeting held on November 30, 2007, inter alia, has considered and approved the following:

1. Recommended Issue of Bonus Shares in the ratio of 3:1 (THREE Equity Shares of Rs 10/- each fully paid up for every ONE Equity Shares of Rs 10/- each held in the Company). The record date for issue of bonus shares shall be decided after obtaining consent of the members of the Company.

2. Notice convening the Extra Ordinary General Meeting