Thomas Cook India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 19, 2008, inter alia, has transacted the following:

1. Recommended dividend for the year ended December 31, 2007, in respect of:

a. Equity Shares @ 50% on each equity share of Re 1/.

b. Class ‘B’ Preference Shares @ 0.001% for the period February 07, 2007 to December 31, 2007.

c. Class ‘C’ Preference Shares @ 0.001% for the period February 07, 2007 to December 31, 2007.

2. Ratification of dividend paid on Class ‘A’ Preference Shares @ 4.65% for the period February 07, 2007 to December 31, 2007.