MRF Ltd has informed BSE that the members at the 47th Annual General Meeting (AGM) of the Company held on March 20, 2008, inter alia, have accorded the following:

1. Adoption of the Balance Sheet as at September 30, 2007 and the Profit & Loss Accont for the year ended on that date and the Reports of the Directors and Auditors.

2. Declaration of a Final Dividend of 140% on the Paid-up Capital of the Company as on September 30, 2007.

3. Re-appointment of Mr. V Sridhar, Mr. S Nandagopal, Dr. K C Mammen as Directors of the Company.

4. Re-appointment of Messrs. Sastri & Shah, Chennai and M M Nissim & Co., Mumbai as Auditors of the Company from the conclusion of this Annual General Meeting till the conclusion of next Annual General Meeting of the Company on remuneration, terms & conditions.

5. Re-appointment of Mr. Arun Mammen as Managing Director of the Company for a period of 5 years commening from April 01, 2008 on remuneration, terms and conditions.

6. Appointment of Mr. Rahul Mammen Mappillai, son of Mr. K M Mammen, Chairman & Managing Director of the Company, to hold office or place of profit in the Company as Vice President - Planning & Development, with effect from April 01, 2008 on revised monthly remuneration.