Micro Technologies - Outcome Of Board Meeting

Micro Technologies India Ltd has informed that the Board of Directors of the Company at its meeting held on February 05, 2008, inter alia, has allotted share warrants on preferential allotment basis to investor(s), Promoters / Promoter Group at a price calculated in accordance with the guidelines issued by SEBI for preferential allotment, as follows:

1. M/s. Micro Capitals Pvt Ltd - 7,00,000 warrants;

2. M/s. Micro Management Ltd - 1,00,000 warrants;

3. M/s. Bennett Trading Pvt Ltd- 1,00,000 warrants;

4. M/s. Pacific Corporate Services Ltd 15,00,000 warrants.