(1) Approval of the Limited Reviewed Provisional financial results for the third quarter ended September 30, 2006 alongwith the Limited Review Report issued by the Statutory Auditors.
(2)Appointment of Additional Directors on the Board of the Company


(1) At the Board meeting of the Company held on Oct 29, 2006, the Board of Directors approved the Limited Reviewed Provisional financial results of the Company for the third quarter ended September 30, 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, the following statements were sent to the Stock Exchange -

i) Unaudited Consolidated financial results of the Aptech Group for the quarter ended 30th September, 2006.
ii) Unaudited Standalone financial results (Limited Reviewed) of Aptech Ltd. for the quarter ended 30th September 2006 along with the unaudited consolidated segment wise revenue, results and capital employed statement.
iii) The Limited Review Report issued by the Statutory Auditors, on the standalone financial results of Aptech Ltd., for the quarter ended 30th September, 2006.

(2) Further, as per the approval accorded by the Board, the following persons were appointed as Additional Directors, with immediate effect:

1) Mr. Ninad Karpe
2) Mr. R. Krishnan
3) Mr. Rajiv Agarwal

A short profile on each of the above Directors is appended below:

Mr. Ninad Karpe
Mr. Ninad Karpe is the Managing Director of CA India & SAARC. In his capacity as Managing Director of the Indian operations of the world’s fourth largest software company Ninad’s responsibilities include driving the adoption of CA’s technology, broadening and strengthening strategic partnerships in India. Mr. Karpe has joined the Board of Aptech as a Non-Executive Independent Director.

Mr. R. Krishnan
Mr. R. Krishnan currently heads the Domestic Retail and International Businesses of Aptech. He has over 23 years of experience of which 14 years have been in the education field. Mr. Krishnan has joined the Board of Aptech as an Executive Director.

Mr. Rajiv Agarwal
Mr. Rajiv Agarwal is associated with Rare Enterprises, an asset management firm promoted by Mr. Rakesh Jhunjhunwala and is focused on growing their strategic investments in diverse sectors - healthcare delivery, hospitality and oil drilling. He has also been associated with Aptech as a Consultant over the last 10 months and has been providing strategic inputs to the Company. He has joined the Board of Aptech as a Non-Executive Promoter Director.