PROVOGUE

Provogue (India) Limited has informed the Exchange that the company has entered into a joint venture agreement with Liberty International PLC of the UK, in order to develop and manage prime regional shopping centers for the growing organised retail sector in India. Under the agreement, Liberty International PLC will be taking 25 per cent of the equity shares of Prozone Enterprises Pvt. Ltd., company's wholly owned retail infrastracture subsidiary, subject to FIPB approval. Based on the current projections, Liberty International's equity contribution in respect of these six centres wiil be of t

Provogue (India) Limited has informed the Exchange that with reference to the Tie-up of with M & B Footwear (P) Limited for manufacturing and marketing of Provogue men's shoes, the Company have signed an exclusive Licensee Agreement with M & B Footwear (P) Ltd, New Delhi (M & B), a leading footwear manufacturer. Under this agreement M & B would be permitted to use Provogue (India) Limited's Trade Mark in the men's footwear section. M & B Footwear (P) Ltd have been granted the right to exclusively manufacture and market men's footwear under Provogue(India)Ltd.'s brand name in India for a period