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Serve All Enterprise - Outcome of Board Meeting

Serve All Enterprise Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 19, 2008, has transacted the following:

1. Mr. Ram Kancharla, and / or Mr.Venkata Deverlapalli, Directors of the Company have been authorized to enter into Business Purchase Agreement with Computech Enterprise Solutions Pvt Ltd.

2. Mr. Ram Kancharla, and / or Mr. Venkata Deverlapalli, Directors of the Company have been authorized to enter into Business Purchase Agreement with Decatrend Technologies Pvt Ltd.

3. Mr. Ram Kancharla, and / or Mr. Venkata Deverlapalli, Directors of the Company have been authorized to Sign and execute the Share Purchase Agreement with CES Pvt Ltd for purchase of Shares of CES-USA.

4. The Board has accorded its consent to extend the current Financial Year up to June 30, 2008.

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