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RSWM - Outcome of Board Meeting

RSWM Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2008, inter alia, has approved the following:

The Board of Directors has recommended @ 0.01% i.e. 1.5 paise on every optionally Convertible Redeemable Preference Shares of Rs 150/- each amounting to Rs 37,500/-.

The Board of Directors has not recommended any dividend on Equity Shares.

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