Intimation of the decisions taken by the Board of Directors at their meeting held on 29 th Jan 2007

Sub: Intimation of the decisions taken by the Board of Directors at their meeting held today.

(1) At the Board meeting of the Company held today, the Board of Directors have approved the Reviewed financial results of the Company for the fourth quarter ended December 31, 2006. These results have been reviewed by the Statutory Auditors, M/s. Khimji Kunverji & Co., Chartered Accountants, Mumbai, and the Limited Review Report on the standalone financial results have been issued by the Statutory Auditors.

Pursuant to Clause 41 of the Listing Agreement, we enclose the following statements :- Unaudited Consolidated financial results of the Aptech Group for the quarter ended 31st Dec, 2006 alongwith the unaudited segmentwise revenue, results and capital employed statement.

Unaudited Standalone financial results (Limited Reviewed) of Aptech Ltd. for the quarter ended 31st Dec, 2006 alongwith the uaudited standalone segmentwise revenue, results and capital employed statement.

The Limited Review Report issued by the Statutory Auditors, on the standalone financial results of Aptech Ltd., for the quarter ended 31st December , 2006, is enclosed herewith.

(2) Further the Board of Directors have considered and approved the proposal for utilization of Securities Premium of the Company in adjusting the debit balance of the Profit and Loss Account of the Company as at 31st December, 2006 pursuant to the provisions under Sections 100 to 104 read with section 78 and other applicable provisions, if any, of the Companies Act, 1956.

The said utilization shall be effected by adjusting the debit balance of Profit and Loss Account as at December 31, 2006 against the Securities Premium Account.

The above arrangement is, inter-alia, subject to the approval from the members of the Company and necessary approvals under the Companies Act, 1956 including the High Court of Judicature at Bombay, or any other competent authority.

Date : 29th January, 2007
Place : Mumbai.

Issued by
Sree Vidhya Raju
Assistant General Manager (Legal)
& Company Secretary
Aptech Limited