MTNL - Outcome Of Board Meeting

Mahanagar Telephone Nigam Ltd (MTNL) has informed that the Board of Directors of the Company at its meeting held on June 04, 2007, has approved the development of Core Knowledge Park (CKP) at the land available with the Company in Noida. This will be developed by a consortium selected by the Company against an open Expression of Interest (EOI) floated by the Company.