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CORPORATE ANNOUNCEMENT
(Dated 30 th January 2007)

Suprajit announces the following:-

1

Consolidated revenue for the nine months ended 31.12.2006 has grown to Rs. 156.93 crores against Rs.102.25 cores, in the previous year, a growth of 53 %. The Profit After Tax has grown to Rs.12.61 crores from Rs.9.56 crores, in the previous year – a growth of 32 %.

2

MoU signed with Michang Cables Korea – a well-known cable, shifter and gas spring manufacturer for long-term logistics and co-operative manufacturing programme.

3

100% owned Subsidiary – Gills Cables UK has undergone successful restructuring through a redundancy programme in the UK, inline with the original plan. Gills now operates as a technology centre for Suprajit's Global operations.

4

The new plant at Pantnagar, Uttaranchal for cables is expected to start commercial production by April 2007.

5

Land acquisition is underway for Haridwar, Uttaranchal plant.

 

Suprajit has transformed into a well diversified cable manufacturer with 51% revenue in 2-wheelers segment and 42% revenue in automotive sector.

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