Rane Holdings - Post Offer Status

Ind Global Corporate Finance Pvt Ltd (Manager to the Offer) on behalf of Mr. L Lakshman, Mr. L Ganesh, L Lakshman (HUF), L Ganesh (HUF), Mr. Harish Lakshman (Acquirers) alongwith Mrs. Pushpa Lakshman, Mr. Vinay Lakshman, Mrs. Meenakshi Ganesh, Ms. Aparna Ganesh, Mr. Aditya Ganesh, Mrs. T G Saraswathy, Mrs. Vanaja Aghoram, Mrs. Shanthi Narayan, Mrs. Saroja Raman, Mrs. Ranjini R Iyer, Mrs. Geetha Raman Subramanyam, Mrs. Rathika R Sundaresan & Mr. T G G Raman (Persons Acting in Concert or PACs), has issued this Post Offer Public Announcement to the equity shareholders of Rane Holdings Ltd (Target Company), which is in continuation of & should be read in conjunction with the Original Public Announcement (PA) dated March 01, 2007, the Corrigendum to the Public Announcement dated April 23, 2007 & the Letter of Offer dated April 18, 2007. The terms used, but not defined in this Post Offer Announcement, will have the same meaning assigned to them in the other announcements referred above and the Letter of Offer.