Wall Street - Board Meeting On Oct 30, 2008 - Oct 22, 2008

Wall Street Finance Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 30, 2008, inter alia, to conduct the following business:

1. To take on record the Unaudited Financial Results (Provisional) for the quarter ended September 30, 2008.

2. To discuss the appointment of additional directors and revamping and /or restructuring the Board of Directors, if required.

3. To discuss and explore the possibility of SIGNIFICANTLY expanding the business of the Company through ORGANIC OR INORGANIC route or through various options which may be available, either through strategic tie ups and / or growth through acquisitions and / or merger and amalgamation route, if necessary.

Wall Street - Outcome Of Board Meeting

Wall Street Finance Ltd has informed that the Board of Directors of the Company at its meeting held on January 29, 2008, has approved the following:

1. The appointment of Mr. S Lakshmanan as an Additional Director.

2. To consider various options available for retention of employees of the Company including Employees Stock Option Scheme within the framework of Securities and Exchange Board of India (Employees Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999.

3. The Board of directors discussed that they would deliberate on future growth plans of the Company, by convening a separate board meeting shortly, to discuss & deliberate on the expansion plans either through organic and for the Inorganic route, by way of acquisitions etc.