Woolite Mercantile Company Ltd: Updates on Open Offer

Systematix Corporate Services Ltd ("Manager to the Offer"), for and on behalf of Mrs. Seema Alok Pathak ("Acquirer") has informed this Corrigendum to the Public Announcement ("Corrigendum") to the shareholders of Woolite Mercantile Company Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Original Public Announcement ("PA") dated March 04, 2011, pursuant to and in compliance with, among others, Regulation 10 and 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations").

The terms used but not defined in this Corrigendum shall have the same meanings assigned to them in the original PA.

The Shareholders of Target Company are requested to note at all the relevant places in the original PA the following latest information related to the Open Offer:

The original schedule of the major activities has been revised under the Open Offer which as follows:

Revised schedule of activities:

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ActivityOriginal ScheduleRevised Schedule
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Specified DateMarch 18, 2011March 18, 2011
Date of Opening of the OfferApril 27, 2011June 03, 2011
Date of Closing of the OfferMay 16, 2011June 22, 2011
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