Punjab Woolcombers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 08, 2008, inter alia, to discuss the following items:

1. To consider alteration in Objects clause by inserting infrastructure business as main business & amendments in Articles, as advised by the Registrar of Companies.

2. To take note of progress relating to development of Industrial Park.

3. To consider about convening Extra-ordinary General Meeting.