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CORPORATE ANNOUNCEMENT
(Dated 23 rd June 2007)

Suprajit announces the following:-

1

Mr. Ian Williamson has joined the Board as an independent Director.
He is currently CEO of Carclo plc, a LSE listed Company. Carclo has global operations in US / UK / China / Europe / India . Mr.Williamson brings his vast experience in global acquisition and mergers to Suprajit.

2

Mr. K. Ajith Kumar Rai, Managing Director was also appointed as Vice Chairman of the Company.

3

Suprajit Continues to asses global opportunities in acquisition, inline with its business plan.

4

Consolidated revenue for the year ended 31 st March 2007 has grown to Rs. 20627.33 Lakhs against Rs.13774.62 Lakhs, in the previous year, a growth of 49.75%. The Profit Before Tax has grown to Rs.2208.71 Lakhs from Rs.1877.42 Lakhs, in the previous year – a growth of 17.63 %.

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