Stock in News: Moving Picture Company India Ltd.

Chartered Capital and Investment Ltd, (Manager to the Offer) on behalf of M/s. Consolidated Securities Ltd (Acquirer) has issued this Public Announcement to the shareholders of Moving Picture Company India Ltd (Target Company), pursuant to and in compliance with, among others, Regulation 10 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended from time to time (the Regulations) issued by the Securities and Exchange Board of India SEBI.

The Offer

The Acquirer proposes to acquire upto 30,37,690 fully / partly paid-up equity shares (Shares) of the Target Company (the Offer Size) representing 20% of the fully expanded voting equity capital of the Target Company (including the entire preferential allotment of share as well as warrants) at a price of Rs 10.05 for each fully paid-up equity share of the Target Company and Re 1 for each partly paid-up equity share of the Target Company (such price, the Offer Price), to be paid in cash, subject to the terms & conditions mentioned in PA.

Schedule of Activities

Specified Date: August 17, 2007

Date of Opening of the Offer: September 12, 2007

Date of Closing of the Offer: October 01, 2007