Rajesh Exports record date for stock split and bonus

Rajesh Exports Ltd has informed that the Board of Directors of the Company at its meeting held on December 27, 2007, has fixed February 05, 2008, as the Record Date for Sub-division of equity Shares of Rs 2 each to Re 1 each and issue of 2 bonus shares for every 1 share held by the share holders (200% Bonus) on February 05, 2008.

Rajesh Exports secures maiden branded Diamond Jewellery export order of Rs 116 crores from M/s. Excel Goldsmiths, UAE

Rajesh Exports Ltd has informed that the Company has bagged its maiden branded Diamond Jewellery order for Rs 116 crores from M/s. Excel Goldsmiths, Sharjah.

This is the Company's maiden export order for Diamond Jewellery. The Company has introduced nine brands of diamond jewellery. It has taken more than two and a half years of in-depth research to visualize, design, prototype and manufactures these brands.

The order is for six out of the nine brands of Diamond Jewellery manufactured by the Company. The order is for the following brands:

1. Eternal
2. Solitaire
3. I-teen
4. Ghazal
5. Aishwarya
6. Sushmita

The Diamond Jewellery is to be made by using VVS 1 G H colour Diamonds. The order is to be delivered by March 31, 2008. This order is expected to have a positive impact on the profitability of the Company.

Rajesh Exports launches Shubh Jewellers

Rajesh Exports Ltd has informed that the Company has finalised the launch of its premium retail Jewellery chain stores under the brand name of "Shubh Jewellers". The Company is launching "Shubh Jewellers" under the unique associate model with leading jewellers across South India.

The Company has finalised associate agreements for the launch of 100 "Shubh Jewellers" stores across the States of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh. The Company has completed all the formalities including stocking of inventory for the launch of the first phase of "Shubh Jewellers". The first phase of "Shubh Jewellers" will be formally launched for business during the first week of December.

"Shubh Jewellers" will offer Five thousand exclusively designed 22kts jewellery pieces to the customers with absolute guarantee of purity at the lowest gold prices and making charges. "Shubh Jewellers" is in a position to offer the finest guaranteed purity of jewellery at the lowest prices because of the unique backward integration of Rajesh Exports in the manufacture of gold jewellery. "Shubh jewellers" is a mine to customer offering in gold jewellery from the World's Largest manufacturer of Gold Jewellery. The launch of "Shubh Jewellers" is expected to significantly increase the topline and the bottomline of Rajesh Exports in the coming quarters.

Rajesh Exports - Bonus and split

Rajesh Exports Ltd has informed that the Board of Directors of the Company at its meeting held on October 22, 2007, inter alia, has, subject to the approval of shareholders of the Company, decided to:

1. Issue 2 Bonus Shares for every 1 share held by the share holders (200% bonus).

2. Subdivide equity shares of Rs 2 each to Re 1 each.

3. Increase the authorized share capital of the Company to Rs 30 Crores.

The Board has decided to convene an Extra Ordinary General Meeting to approve the above mentioned matters.

Rajesh Exports bags order from Gold Star Jewellery

Rajesh Exports Ltd has informed that the Company has bagged a mega order worth Rs 743 crores of gold jewellery from Gold Star Jewellery, Singapore.

The order is for the latest range of designer jewellery developed by the Company. The order is to be completed by the January 30, 2008. Execution of this order will significantly add to the bottom line of the Company. The demand of Indian made designer jewellery is exhibiting a consistent growth pattern in the global market.

Mr. Rajesh Mehta, Chairman of the Company said "The consistent flow of orders and the increase in the size of orders reflect the kind of commitment and strength of the R&D team of the Company. The R&D team is in the process of developing several new designs which would fetch the Company sizable orders."

Rajesh Exports

Rajesh Exports Ltd has informed that Sharmila Tagore one of the most successful names in the Hindi film industry has consented to be the brand ambassador of the Company.

Sharmila Tagore, who currently heads the Indian Film Censor Board, and who is the UNICEF Goodwill Ambassador will endorse the products of the Company for the Indian retail market.

Mrs. Sharmila Tagore is known for her grace, choice of perfection and quality of her public life which are also the values of the Company in terms of quality, perfection and pricing.

The legendary actress has excelled in whatever she has done and has numerous awards for her performances, the Company has excelled in whatever it has done and has won numerous awards for its business performance.

Mr. Rajesh Mehta, Chairman of the Company said, "The quality of our products and commitment to excellence and perfection would be reflected by the most gracious woman of India. REL is honoured to have a personality like Mrs. Sharmila Tagore as its brand
ambassador."

Rajesh Exports Ltd.

News Verification : The media had reports on September 17, 2007 that De Beers may acquire 51% stake in Rajesh Exports. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Rajesh Exports Ltd. has vide its letter inter-alia stated, "At a Conference in New York, funds and investors have envisaged interest in the company. We have discussed in detail about the developments at our Board meeting on September 17, 2007 and the Board has decided to appoint an independent agency for the valuation of Company's business enterprise and other assets of the company. The Board specifically suggested the valuation to generate awareness about the true valuation of the company among the investors of the company. Upon finalization of any proposal from the investors the company would inform the Stock Exchange."