Easun Reyrolle Board Approves Stock Split

Easun Reyrolle Ltd has informed that the Board of Directors of the Company at its meeting held on May 30, 2007, inter alia, has approved / decided the following:1. Subject to approval by Shareholders, decided to Sub-divide the nominal value of the Equity Shares from present Rs 10 per share to Rs 2 per share. This decision is taken in order to improve liquidity of Companys Shares for trading in the market and increase affordability to small investors.2. Subject to approval by Shareholders, decided to increase authorised capital from Rs 10 crores to Rs 20 crores in order strengthen to capital base to meet future growth plans of the Company.