Vikas WSP - Outcome Of Board Meeting

Vikas WSP Ltd has informed that the Board of Directors of the Company at its meeting held on February 25, 2008, has passed the following resolutions unanimously:

For the allotment of 26300000 Equity Shares on preferential basis to the following allottees:

1. Name of the Proposed allottee: Sh. Megh Raj Jindal

- No of shares: 6000000

- Face Value: 1/-

- Issued Price: 82.50

- Category: Promoter

2. Name of the Proposed allottee: Smt. Sharbati Devi

- No of shares: 20300000

- Face Value: 1/-

- Issued Price: 82.50

- Category: Non-Promoter.