VINTAGE

Vintage Cards & Creations Limited has submitted to the Exchange a copy of the Corporate Announcement regarding the Scheme of Arrangement between the Company and its Unsecured Creditors & Equity Shareholders, sanctioned by Hon'ble High Court of Judicature at Bombay and the Registrar of Companies, Pune, Maharashtra. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Vintage_ANN_24122007.zip target=NEW> For more details click here.</a>

Vintage Cards & Creations Limited has informed the Exchange regarding the Scheme of Arrangement between Vintage Cards & Creations and its equity shareholders and unsecured creditors ("Scheme") approved at the Meeting of the Board of Directors held on December 27, 2005. The salient features of the Scheme are set out below :- (1) The Scheme envisages reduction of the subscribed and paid up share capital of Vintage from Rs. 5,92,94,130 to Rs. 59,29,410 divided into 5,92,941 equity shares of the face value of Rs. 10/- each; (2) Consequently, every equity shareholder of Vintage shall (subject to Cl