Venus Ventures - Outcome Of AGM

Venus Ventures Ltd has informed that the members at the 14th Annual General Meeting (AGM) the Company held on September 27, 2007, inter alia, have approved the following resolutions amongst the ordinary business:

1. Approved and adopted the Audited Annual Accounts for the year ended March 31, 2007.

2. Re-appointment of Mr. K Srinivasa Rao as Director.

3. Re-appointment of M/s P Murali & Co as Auditors.

4. Approved the appointment of Smt. M Sreeakshmi as Director liable to retire by rotation.

5. Shri M Srinivasa Rao was re-appointed as Managing Director for 5 years w.e.f. January 21, 2007 with remuneration.