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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 & Corrigendum to the Public Announcement dated March 13, 2008, pursuant to and in compliance with among others, Regulation 10 of Chapter III of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (” SEBI Takeover Regulations”)

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