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Bhandari Hosiery - Updates on Open Offer

Sobhagya Capital Options Ltd (”Manager to the Offer”) on behalf of Mr. Nitin Bhandari & Ms. Nitika Bhandari (”Acquirers”), has issued this Corrigendum to the Public Announcement to the Equity Shareholders of Exports Ltd (”Target Company”), which is in continuation of & should be read in conjunction with the Public Announcement (”PA”) dated April 21, 2008, pursuant to and in compliance with among others, Regulation 11(1) of Chapter III of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the “Takeover Regulations” or the “Regulations”).

The shareholders / beneficial owners are requested to note the following developments / amendments with respect to and in connection with the Public Announcement

Final Revised Schedule of Activities

The Final Revised Schedule of Activities pertaining to the offer are as per the table below, Shareholders of Target Company are requested to take note of the changes in dates as per the revised schedule:

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Activity				Original Schedule		Revised Schedule
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Specified Date			April 28, 2008		April 28, 2008
Date of Opening of the Offer	June 12, 2008		July 02, 2008
Date of Closing of the Offer	July 02, 2008		July 21, 2008
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The terms not defined herein will have the same meaning as defined in PA or Letter of Offer. All Other terms and conditions of the offer remain unchanged.

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