Sterling Holiday - Allotment Of Equity Share & Warrants - Feb 13, 2009

Sterling Holiday Resorts India Ltd has informed that the Board of Directors of the Company at its meeting held on February 12, 2009, have allotted 45,63,492 Equity Shares of Rs 10/- each at a premium of Rs 25/- per share and 30,00,000 Warrants at a price of Rs 35/- pre warrant to the list of allottees as detailed below:

Name of Allottees: India Horizon Fund Ltd
No. of Equity Shares allotted : 16,86,092
Name of Allottees: India Discovery Fund Ltd
No. of Equity Shares allotted : 16,86,092
Name of Allottees: Blue Ocean Investment Trust
No. of Equity Shares allotted : 11,91,308
- Total : 45,63,492
Name of Allottees: Mrs S Dhanalakshmi
No. of Warrants allotted : 30,00,000