Swastik Safe Deposit Board recommends dividend

Swastik Safe Deposit & Investments Ltd has informed that the Board of Directors of the Company at its meeting held on June 29, 2007, inter alia, has recommended payment of Dividend @ 10% on the Paid-up Share Capital of the Company (Re 1/- per Equity Share of Rs 10/- each) for the Financial Year 2006-07 (subject to approval of members at the ensuing Annual General Meeting).