Ion Exchange - Allotment Of Equity Shares Under ESOS

Ion Exchange India Ltd has informed that the Employees Stock Option Compensation Committee Meeting held on January 23, 2008, allotted following Equity Shares to Directors and Employees, pursuant to stock options exercised under the Employees Stock Option Scheme ESOS 2005.

- Employees Stock Option Scheme 2005 (1st Grant) : 12,700 No. of shares

- Employees Stock Option Scheme 2005 (2nd Grant) : 25,000 No. of shares.