Sterlite Optical - Outcome Of AGM

Sterlite Optical Technologies Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on July 13, 2007, inter alia, have approved the following:

1. Accounts for the F.Y. 200607.

2. Dividend at the rate of 15% on the equity capital as on March 31, 2007.

3. Re-appointment of Mr. Arun Todarwal & Mr. Haigreve Khaitan as Directors of the Company.

4. Appointment of M/s. S R Batliboi & Co., Chartered Accountants, as Statutory Auditors of the Company.

5. Appointment of Mr. Anil Agarwal & Mr. A R Narayanaswamy as Directors of the Company.

6. Appointment of Mr. Pravin Agarwal as a Whole-time Director and payment of remuneration to him.

7. Change of name of the Company Sterlite Technologies Ltd.