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Gokaldas Exports updates on Offer
Jan '08
Kotak Mahindra Capital Company Ltd ("Manager to the Offer") for and on behalf of Blackstone FP Capital Partners (Mauritius) V-B Subsidiary Ltd ("Acquirer"), along with Blackstone FP Capital Partners (Mauritius) V-B Ltd & The Blackstone Group L.P. ("Persons Acting in Concert" / "PACs") has issued this Corrigendum to the Public Announcement to the shareholders of Gokaldas Exports Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated August 21, 2007, pursuant to and in compliance with, among others, Regulation 10 & Regulation 12 of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations").

Blackstone FP Capital Partners (Mauritius) V-B Ltd & The Blackstone Group L.P are PACs only for the limited purposes of this Offer.

The shareholders of the target company are requested to note the following:
Revised schedule of activities:
• Activity - Original Schedule - Revised Schedule
• Specified Date - September 07, 2007 - September 07, 2007
• Date of Opening of the Offer - October 05, 2007 - January 09, 2008
• Date of Closing of the Offer - October 24, 2007 - January 28, 2008

The other terms & conditions of the Offer remain unchanged.
Terms used but not defined in this Announcement shall have the same meaning as assigned in the PA.

Kotak Mahindra Capital Company Ltd

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