Delisting of Securities of Kodak India Ltd.

This is to inform that the securities of Kodak India Ltd. (Scrip Code No.509704) will be struck-off (delisted) from the list of Officially Quoted Securities with effect from Friday, the 23rd May, 2003 pursuant to the compliance with Clause 21(3)(a) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 by the Acquirer (i.e. Kodak Ltd.)

The Acquirer has agreed to provide an exit option to the existing shareholders at Rs.350/- per share at any time from the date of delisting upto 9th June, 2004. The shareholders who desire to opt for the exit option will have to send their shares to the undermentioned address:

Mr.Nikunj Daftary, Intime Spectrum Registry Ltd. Unit: Kodak India - Open Offer C-13, Pannalal Silk Mills Compound, L.B.S Road, Bhandup (W), Mumbai - 400 078.