Fedders Lloyd - EGM On Feb 03, 2007

Fedders Lloyd Corporation Ltd has informed that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on February 03, 2007, for investments by Foreign Institutional Investors including their sub-accounts (FIIs) into the shares, or debentures or any other securities convertible into or exchangeable with the shares of the Company, by purchase or acquisition from the market under Portfolio Investment Scheme under FEMA, subject to the condition that the holding of all FIIs put together shall not exceed 74 percent of the paid-up equity share capital of the Company or paid-up value of the respective series of the convertible debentures of the Company as may be applicable or such other maximum limit as may be prescribed from time to time, subject to necessary provisions and approvals.