Arrow Webtex - Updates on Open Offer to the shareholders of Advani Hotels & Resorts India

YES BANK Ltd (”Manager to the Offer”) on behalf of Delta Hospitality Pvt Ltd (formerly known as Fasttrack Impex Pvt Ltd) (”Acquirer”) along with Ltd (”Person Acting in Concert”/”PAC”) has issued this Corrigendum to the Public Announcement to the shareholders of Advani Hotels & Resorts India Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Pubic Announcement (”PA”) dated February 29, 2008, pursuant to and in compliance with among others, Regulation 10 of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (” SEBI Takeover Regulations”).

The Shareholders of the Target Company are requested to note the following:

Revised Schedule of Activities

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Activity				Original Schedule		Revised Schedule
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Specified Date			March 07, 2008		March 07, 2008
Date of Opening of the Offer	April 24, 2008		May 26, 2008
Date of Closing of the Offer	May 13, 2008		June 14, 2008
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