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Intra Infotech - Post Offer Status

Chartered Capital & Investment Ltd (”Manager to the Offer”) on behalf of Fortune Buildprop Pvt Ltd (”Acquirer”) has issued this Post Offer Public Announcement to the Shareholders of Ltd (”Target Company”), which is in continuation of & should be read in conjunction with the Public Announcement (PA) dated September 28, 2007, Corrigendum to the PA issued on January 08, 2008 & Letter of offer dated January 08, 2008, in compliance with Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto.

Details of the Acquisition:

Sr. No.

Item

Proposed in the Offer Document Actual
1. Offer Price for fully paid up share Rs 4.00 Rs 4.00
2. Offer Price for partly paid up share Rs 3.50 Rs 3.50
3. Shareholding of Acquirer before MOU/PA/Preferential allotment Nil Nil
4. Shares acquired by Acquirer by way of SPA 1,02,05,000 (17.97%) 1,02,05,000 (17.97%)
5. Shares acquired in the Offer 3,23,65,740 (57.00%) 3,16,26,960 (55.70%)
6. Size of the Open Offer (No. of shares multiplied by Offer price per share) Rs 12,94,62,960 Rs 12,38,44,340
7. Shares acquired after PA but before 7 working days prior to closure date Nil Nil
8. Post offer Shareholding of Acquirer (2+3+4+6) 4,25,70,740 (74.97%) 4,18,31,960 (73.67%)
9. Pre & Post Offer shareholding of Public Pre Offer Post Offer Pre Offer Post Offer
4,65,77,000 (82.03%) 1,42,11,260 (25.03%) 4,65,77,000 (82.03%) 1,49,50,040 (26.33%)

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