Celestial Labs - Utilization of funds

Celestial Labs Ltd has informed BSE about the status of utilization of fund as on December 31, 2007.

(Rs. in Lakhs)

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	Particulars			Projection as per		Actual up to
					Prospectus			December 31, 2007
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Expansion/Modernization			2332.52				1443.46

Working capital				417.48				247.28

Issue expenses/general corporate	250.00				188.98
expenses

FDs/investments				-				1120.28
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Total					3000.00				3000.00
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