India Tourism Development Corporation Ltd has informed BSE that the 42nd Annual General Meeting (AGM) of the members of the Company will be held on April 22, 2008, inter alia, to transact the following business:

1. To receive, consider, and adopt the audited Balance Sheet as at March 31, 2007 and Profit and Loss Account for the year ended on that date together with the Report of the Auditors and the Directors’ Report.

2. To declare dividend.

3. To appoint a Director in place of Shri. Romesh Chopra & Shri. Jose Dominic, Directors who retires by rotation under Article 61 of the Articles of Association of the Company and being eligible offers themselves for re-appointment.

4. To appoint Shri. Jyotindra Jain & Shri. Zubin Karkaria as Directors of the Company.

5. Approval for the allotment of 7,30,00,000 fully paid-up shares of Rs 10/- each to the President of India in consideration of a sum of Rs 73 crore released by the Ministry of Tourism vide letter dated December 12, 2007 towards equity contribution, subject to necessary provisions & approvals.