Goldiam International - Distribution tie-ups of the Company's Retail brand in the Silver Jewellery Segment, 'OLA'

Goldiam International Ltd has announced that the Company's Retail brand in the Silver Jewellery Segment, 'OLA' has entered into distribution tie-ups with some of the leading groups, being:

1. Total Mall in Bangalore. The kiosk is expected to be operational by the end of December, 2007.

2. DLF group for kiosks at Delhi and Chandigarh, to be operational by February, 2008 and showroom in Kolkata to be operational by 2009.

3. E City Ventures Fun Republic Cinemas and Malls in Bombay, Bangalore, Delhi, Ahmedabad, Lucknow and Gulbarga. As of now, 13 outlets are to open by the middle of January and 7 more are expected to open by March, 2008.

4. Aditya Birla Group, MORE Hyper Stores for Baroda, to be opened in February, 2008.

5. Hypercity ARGOS, Ola has featured in the Jewellery section of this first time ever shopping catalogue for Silver and Diamond Jewellery.

Currently, Ola is available in 21 cities at 80 points-of-sale which are expected to rise to 125 points-of-sale by March, 2008.

Ola is available in a shop-in-shop format with Multi Brand Outlets (MBOs) like Lifestyle, Pantaloons, Globus, Central, Big Bazaar, Speneers and Ebony.

Ola has its own showrooms at Atria Mall and Prime Mall in Bombay and Iscon Mega Mall in Ahmedabad.

Ola has its kiosks in the atriums of various leading malls like Inorbit, Infinity and Mumbai Citi Centre in Bombay and Gopalan Mall in Bangalore.