iGate Global - Allotment of equity shares on exercise of Stock Options

iGate Global Solutions Ltd has informed that the Share Transfer Committee of the Board of Directors of the Company at its meeting held on July 27, 2007, has allotted 3093 Equity shares of par value of Rs 4/- per share to the individual optionees pursuant to the exercise of options granted under the Companies Employees Stock Option Plan, on receipt of payment of the subscription monies in respect of the said shares aggregating to Rs 349193.75
The grant price for 2768 shares at Rs 100.00 and 325 shares at Rs 222.75.