Vista Pharmaceuticals - Outcome of Board Meeting

Vista Pharmaceuticals Ltd has informed that the Board of Directors of the Company at its meeting held on June 06, 2007, has considered and approved the issue of 38,70,000 convertible warrants into equity shares to the following persons:1. Vista Pharmaceuticals Inc (Promoter): 10,62,000 no. of warrants2. Dr. Dhananjaya Alli (Promoter): (to be exercised in 2 financial years)3. Dr. Padmavathy Alli (Promoter): (to be exercised in 2 financial years)4. Ms. Roshni Alli (Promoter): (to be exercised in 2 financial years)5. Mr. D Gopal (Non-Promoter): 4,53,000 no. of warrants