EXTENSION OF EXIT OPTION OF CABOT INDIA LTD.

This is to inform that Cabot India Ltd. which was delisted from the Exchange w.e.f. 1st April, 2002 had decided to keep the exit option open for a period of 1 year i.e. till 31st March, 2003, from the date of delisting.

The company has now vide its letter dated 15th April, 2003 informed the Exchange that the Acquirer (i.e. Cabot UK Holdings Ltd.) has intimated the company of its willingness to extend the exit option for a further period of six months to enable the existing shareholders to sell their shares to Cabot UK at Rs.100/- per share. Accordingly, the exit option will be open upto 15th October, 2003.

The shareholders who desire to opt for the exit option will have to send their share certificates to the undermentioned address:

Cabot India Ltd.,
NKM International House,
178, Backbay Reclamation,
Mumbai 400 020.