Exide Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2008, inter alia, has recommended dividend of 40% (Re 0.40 per share on face value of Re 1/- per share) for the financial year ended March 31, 2008, subject to approval of the shareholders at the ensuing Annual General Meeting.

Further the Company has informed that, the Register of Members & Share Transfer Books of the Company will remain closed from July 18, 2008 to July 25, 2008 (both days inclusive) for the purpose of payment of dividend and Annual General Meeting (AGM) of the Company to be held on July 25, 2008.