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SSI - Revised Press Release

With reference to earlier announcement dated May 28, 2008, regarding a press release, dated May 28, 2008, titled “ Limited enters into a JDA with Unitech Limited”, SSI Ltd has now informed BSE regarding a revised press release of the Company titled “ Limited enters into a JDA with Unitech, and Arihant Foundations and Housing Ltd” for execution of Joint Development Agreement with the consortium of Unitech Ltd and Arihant Foundations and Housing Ltd for its Perambur Property at Chennai.

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