VICEROY

Viceroy Hotels Limited has informed the Exchange that the Board of Directors at their meeting held on July 04, 2009 discussed and approved the following items: 1) Approved the term loan of Rs.5.00 crores sanctioned to the Company by Lakshmivilas Bank. 2) Approved the Rupee term loan of Rs.22.00 crores sanctioned to the Company by State Bank of India for the Chennai Project. 3) Approved the Rupee term loan of Rs. 28.25 crores sanctioned to the Company by Canara bank for the Bangalore Project.

Viceroy Hotels Limited has informed the Exchange that the Board of Directors at their meeting held on September 15, 2008, discussed and approved the following items: (1) Approved the Short term loan of Rs. 45 crores sanctioned by HDFC Limited and authorised Mr. P. Prabhakar Reddy, Managing Director to sign and execute the necessary loan documents.