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Genesys International - Open Offer

Fedex Securities Ltd (”Manager to the Offer”), on behalf of Mr Sohel Malik (”Acquirer”), has issued this Public Announcement (”PA”) to the Equity Shareholders of Corporation Ltd (”Target Company”), pursuant to and in compliance with Regulation 11(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 1997 (”Regulations”) and subsequent amendments thereto

The Offer:

The Acquirer is making an Open Offer to the public Shareholders (i.e. Shareholders other than the Acquirer and Promoter Group Shareholders) of Target Company to acquire 29,04,752 Equity shares of Rs 10/- each at a price of Rs 19/- (Rupees Nineteen Only) (”the Offer Price”), representing 20.00% of subscribed, paid up & Voting Share Capital of Target Company after the exercise of Warrants allotted on a Preferential basis to him, payable in cash (”the offer”), subject to the terms and conditions mentioned in the PA.

Schedule of Activities:

Specified Date - July 18, 2008

Date of Opening of the Offer - August 13, 2008

Date of Closing of the Offer - September 01, 2008

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