Core Projects - Allotment of equity shares on conversion of FCCB's

Core Projects & Technologies Ltd has informed BSE that the Shareholders / Investors Grievance Committee constituted by the Board at its meeting held on December 12, 2007, has allotted 21,67,607 Equity Shares of Rs 2/- on conversion of FCCB's.

With this allotment the paid capital of the Company stands increased to Rs 14,84,92,590 comprising 7,42,46,295 equity shares of Rs 2/- each.