NAVNEET DECLARES FIRST INTERIM DIVIDEND AND SPLITS
SHARES FROM RS.10/- PAID-UP TO RS.2/- PAID UP

Navneet Publications (India) Ltd. (NPIL) leading educational publishers, have sub-divided its shares from one share of Rs.10/- each to Rs.5 shares of Rs.2/- each.

The Company had fixed 5th October 2006 as the ‘Record Date’ for ascertaining members entitled to receive First Interim Dividend 2006-2007 of 60% and to ascertain the members entitled to receive the Share Certificates in respect of shares of Rs.2/- per share on sub-division.

The Company has informed the Stock Exchanges that National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL) have credited the shares of Rs.2/- paid-up to the new ISIN Number in the Beneficiary Account of the Members holding shares of Rs.10/- paid-up in the Electronic Mode as on 5th October 2006, being the ‘Record Date’.

Physical Share Certificates of the nominal face value of Rs.2/- per share in lieu of physical share Certificates of the nominal face value of Rs.10/- are being issued to the Shareholders holding shares in the physical form as at 5th October 2006.