Apar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has:

i) The final dividend for the financial year 2007-2008 @ Rs 2/- (20%) per share and

ii) Special dividend @ Rs 2/- (20%) per share

aggregating to Rs 1513.26 lacs (including tax) on 32,336,031 Equity shares of Rs 10/- each fully paid. This will be paid after declaration by members at the ensuing Annual General Meeting (AGM).