June 4, 2008

JM Financials appoints Nimesh Kampani

Jm Financial Limited had informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has decided to appoint Mr. Nimesh N Kampani as the Managing Director of the Company for the period from May 28, 2008 to September 30, 2011. Thus Mr. Kampani will be the Chairman and Managing Director of the Company. The Company has now informed the Exchange that Mr. Nimesh N Kampani's appointment as Managing Director of the Company is for the period May 28, 2008 to March 31, 2011 and not for the period May 28, 2008 to September 30, 2011

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