MICRO

Micro Inks Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on January 31,2007 it has approved acquisition of 100% equity capital and preferred stocks in Hostmann Steinberg USA (HST) from MHM Holding GmbH, Germany, a holding Company of the Company for a total consideration of US $4 million, through Micro Inks GmbH, Austria, a wholly owned subsidiary of the Company, effective January 01, 2007. Micro Inks Ltd India will provide necessary funding for the above acquisition by investing an amount not exceeding US $ 4.05 million by way of equity in

Micro Inks Limited had informed the Exchange that the company has been jointly informed by Bilakhia Holdings Private Limited('BHPL'),Mr. Anjum Bilakhia, Mr.Jakirhusen Bilakhiya and Mr.Yunus Bilakhiya('Promoters') that they have jointly entered into a Share Purchase Agreement('SPA') to sell up to 12,560,330 shares representing 59.06% of the paid up equity capital of Micro Inks Limited held by them,to MHM Holding GmbH at a price of Rs.675/- per share in an all cash transaction. Micro Inks Limited has now informed that Bilakhia Holdings Private Limited('BHPL'), Mr. Anjum Bilakhia, Mr.Jakirhusen B

Micro Inks Limited has informed the Exchange that the company has been jointly informed by Bilakhia Holdings Private Limited('BHPL'),Mr. Anjum Bilakhia, Mr.Jakirhusen Bilakhiya and Mr.Yunus Bilakhiya('Promoters') that they have jointly entered into a Share Purchase Agreement('SPA') to sell up to 12,560,330 shares representing 59.06% of the paid up equity capital of Micro Inks Limited held by them,to MHM Holding GmbH at a price of Rs.675/- per share in an all cash transaction. As per the terms of SPA,MHM Holding GmbH has agreed to purchase(i)a minimum of 12,560,330 shares representing 50.5% of