Southern Online - Outcome Of CoD Meeting

Southern Online Bio Technologies Ltd has informed that the Committee of Board of Directors (CoD) of the Company at its meeting held on February 14, 2008, has unanimously allotted 24,00,000 equity shares and 26,50,000 convertible warrants to promoters and others.

- Equity shares allotted:

1. P Sunil Kumar Reddy : 2,00,000 No of Equity Shares Allotted

2. Ankush Vyapaar Pvt Ltd: 11,00,000 No of Equity Shares Allotted

3. G S Global Projects Pvt Ltd: 11,00,000 No of Equity Shares Allotted

Warrants convertible into equity shares

1. Nanubala Satish Kumar : 5,00,000 No of convertible warrants Allotted

2. Kodali Tejesh Kumar : 5,00,000 No of convertible warrants Allotted

3. Kadiyala Venkateshwara Rao : 5,00,000 No of convertible warrants Allotted

4. K V Butchi Babu : 1,50,000 No of convertible warrants Allotted

5. Shah Investment Consultants Pvt Ltd: 25,000 No of convertible warrants Allotted

6. Ashwini Kumar Tripathi: 25,000 No of convertible warrants Allotted

7. Padma Debi Surana : 15,000 No of convertible warrants Allotted

8. Pawan Kumar Goel : 10,000 No of convertible warrants Allotted

9. Rajesh Kumar Kochar: 20,000 No of convertible warrants Allotted

10. Uma Maitin : 15,000 No of convertible warrants Allotted