Stone India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 25, 2008, inter alia, to consider the following:

1. The audited financial results of the Company for the financial year 2006-07.

2. The audited financial results of the Company for the financial year 2007-08.

3. To recommend dividend, if any, for the financial years ended March 31, 2007 and March, 31, 2008.

4. To consider the proposal to issue fully convertible warrants with an option to subscribe for equity shares of the Company on private placement basis to promoters and other investors, subject to approval of the members and such other approvals as may be required.