EIH Associated - Outcome Of AGM

EIH Associated Hotels Ltd has informed that the members at the Annual General Meeting (AGM) of the Company held on August 30, 2007, inter alia, have accorded to the following:

1. Adoption of the Audited Accounts of the Company for the year ended March 31, 2007, together with the Auditors and Directors Reports.

2. Declaration of dividend @ Rs 4.00 (4%) per share on the Companys Preference Share Capital of Rs 10 Crores on pro rata basis from the date of allotment, for the year ended March 31, 2007.

3. Declaration of Dividend @ 0.80 paise (8%) per share on the Companys Equity Share Capital as at March 31, 2007.

4. Re-appointment of Mr. P R S Oberoi & Mr. Anil Nehru, as Directors of the Company.

5. Re-appointment of Ray & Ray, Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of the Twenty-fourth Annual General Meeting till the conclusion of the Twenty-fifth Annual General Meeting of the Company, on remuneration, terms & conditions.