SABERORGAN

c) To finalise the issue price in consultation with the Lead Managers as per the guidelines of SEBI and other statutory bodies. The floor pricing for the preferential issue of shares and/or warrants shall be determined as per the SEBI guidelines on preferential issue. The pricing for the rights issue shall be within the range of Rs.15/- to Rs.20/- and the price band of 20% within this range will be arrived at in consultation with the Lead Managers.d)To identify and finalise the interested entities to whom the preferential shares/warrants shall be offered including the quantum to be offered to

Sabero Organics Gujarat Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Sabero Organics Gujarat Ltd has informed the Exchange of the following changes : 1) Mr. Bhavesh N. Desai has resigned as the Company Secretary w.e.f. November 20, 2004; 2) Mr. Jaspreet S. Chandhok has been appointed as Company Secretary w.e.f. December 20, 2004.

Sabero Organics Gujarat Ltd has informed the Exchange of the following changes : 1) Mr. Prem Hinduja has resigned from the post of Company Secretary and has accordingly been relieved w.e.f. September 30, 2004; 2) Mr. Bhavesh Desai has been appointed as Company Secretary w.e.f. September 20, 2004.