Patels Airtemp Board To Consider Final Dividend - June 3, 2008

Patels Airtemp India Ltd has informed that a meeting of the Board of Directors of the Company will be held on June 14, 2008, inter alia, to consider the following business:

1. To consider and approve the Annual Audited Accounts for the year ended on March 31, 2008.

2. To consider the recommendation of final dividend, if any on the equity shares of the Company.

3. To consider and fix the date, time and venue of the 16th Annual General Meeting of the Company.

4. To consider and fix the date of Book Closure, Register of Members and Share Transfer Book of the company for the purpose of Annual General Meeting.

5. To consider the transfer of funds to Investor Education & Protection Fund account.