Tata Coffee Board recommends dividend

Tata Coffee Ltd has informed that the Board of Directors of the Company at its meeting held on May 29, 2007, inter alia, has recommended a dividend of Rs 6.50 per Share on the paid-up Equity Capital of the Company for the year ended March 31, 2007.Further the Company has informed that, the Company proposes to set up a plant in Anamallais for manufacture of Green Tea Extract from fresh tealeaf and related products at an estimated project cost of Rs 7 Crores.