Omaxe Ltd has informed BSE that Omaxe Group has entered into:

1. Memorandum of Understanding for establishing and operating (10) SPA and massage knowledge centre, SPA and massage techniques and but not limited to other related services under the name of “Thai Privilege Spa” in New Delhi and Northern India.

2. Spa Franchise Agreement for establishing and operating of SPA outlet of Thai Privilege Spa in Noida, India

with Thai Privilege Consultant Co. Ltd., a Central Group of Thailand which is a group of international repute on May 02, 2008