SRIADIKARI

Sri Adhikari Brothers Television Network Limited has informed the Exchange vide its letter dated October 27, 2007 that the Board of Directors of the Company at its meeting held on October 27, 2007 inter-alia considered and approved the following: The Board appointed Mr. Prasannakumar Gawde, as an Additional Director of the Company with immediate effect. Mr. Prasannakumar Gawde is a Practising Chartered Accountant and is having 14 years of experience in the area of Audit and Income Tax and will hold the office of Independent Director in the Company.

Sri Adhikari Brothers Television Network Limited has informed the Exchange that Board of directors at their meeting held on March 31, 2006 appointed Mr. Mahendra Kumar Aggarwal, as an Additional Director of the Company w.e.f. March 31, 2006. Mr. M. K. Aggarwal is a Post Graduate in Commerce and Graduate of Law and is having more than 38 years of experience with State Bank of India, Country's premiere Commercial Bank and will hold the office of Independent Director in the Company.

Sri Adhikari Brothers Television Network Limited has informed the Exchange that Mr. D. C. Anjaria, Director of the Company has resigned from the directorship of the Company and the Board of Directors of the Company at its meeting held on January 28, 2006, has accepted the same.

Sri Adhikari Brothers Television Network Limited has informed the Exchange that Mr. Markand Adhikari has been re-appointed as a Vice - Chairman & Managing Director of the Company for a further period Five years w.e.f. August 18, 2005.

Sri Adhikari Brothers Television Network Limited has informed the Exchange that Miss Swati Gothoskar, a member of the Institute of Company Seretaries of India, have been appointed as the Company Secretary and Compliance Officer of the Company w.e.f. August 06, 2005.

Sri Adhikari Brothers Television Network Limited has informed the Exchange that Mr. Kaustubh Natu - Company Secretary & Compliance officer of the Company, has resigned from the employment of the Company w.e.f. July 01, 2005. The Company is taking necessary steps to appoint the Company Secretary and Compliance Officer.