January 7, 2008

Spice Mobiles Ltd has informed BSE that the Company has been selected as the winner of the 'Golden Peacock innovative Product / Service Award-2007' by

Spice Mobiles Ltd has informed that the Company has been selected as the winner of the 'Golden Peacock innovative Product / Service Award-2007' by the award Jury, under the Chairmanship of justice P N Bhagwati, former Chief Justice of India and Member, UN Human Rights Commission, as intimated to the Company by the Director General of Golden Peacock Awards Secretariat.

The Golden Peacock Innovative Product / Service Award-2007 identifies "Innovation" as the key for business success in the new millennium. Innovation will be the key competitive differentiator in the 21st Century. This award is awarded every year to the most innovative product as determined by the satisfaction of the consumer's long term unexpressed and unarticulated needs and aspirations in a most cost-effective manner which is consistent with the society's goal of sustainable development.

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