Article: VERTEX SPINNING BOARD RECOMMENDS DIVIDEND

Report from the India Press Release brought to you by the Hindustan Times

MUMBAI, India, May 28 -- The Bombay Stock Exchange Limited (BSE) made the following corporate announcement:

Vertex Spinning Ltd., has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2007, has decided the following:

1. The Board of Directors has recommended 12% dividend for the year ended March 2007, subject to the approval of the shareholders in Annual General Meeting.

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