PHILCORP

Members of the Exchange are hereby informed that trading in the equity shares of PHIL Corporation Ltd will be suspended w.e.f August 17, 2007 (i.e. closing hours of trading on August 16, 2007) as the company has failed to provide a satisfactory response to the notice of the Exchange for non-compliance with the provisions of listing agreement.

distribution network and not take over of any equity stake of Hindustan Photo Films."

The press had reports that PHIL Corporation Limited has expressed interest in the takeover of Hindustan Photo Films(HPF). The Exchange in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded had written to the officials of the company. PHIL Corporation Limited has vide its letter inter-alia stated, "It may please be noted that what we had indicated to HPF is only our non-binding preliminary expression of interest in the possibility of having strategic marketing alliance for their