Allsec Technologies announces Post Open Offer status

Yes Bank Ltd ("Manager to the Offer") on behalf of First Carlyle Ventures Mauritius ("Acquirer") along with Carlyle Asia Growth Partners III, L.P. & CAGP III Co-Investment, L.P. ("Person Acting in Concerts"/ ("PACs")), has issued this Post Offer Public Announcement to the equity shareholders of Allsec Technologies Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement (PA) dated August 29, 2006, letter of offer dated November 07, 2006 & Corrigendum to the PA dated November 16, 2006, pursuant to and in compliance with among other, Regulation 10 and 12 of Chapter III of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto ("SEBI Takeover Regulations" / "Regulations") are as under:

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Item				Proposed in the 		Actuals
				offer document
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1. Offer Price			Rs 260/-			Rs 260/- 

2. Share acquired in the	30,45,106 (20.00%) 		4,21,173 (2.77%)
   open offer (No & %)

3. Post offer Shareholding	60,66,791 (39.85%) 		41,92,858 (27.54%)
   of Acquirer (No & %)
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Source : Equity Bulls

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