Rayban Sun Optics Ltd Updates on Open Offer

JM Morgan Stanley Pvt Ltd ("Manager to the Offer") on behalf of Luxottica Group S.p.A and Ray Ban Indian Holdings Inc (the "Acquirers") has issued this Public Announcement to the shareholders of Rayban Sun Optics India Ltd ("Target Company") which is in continuation of and should be read in conjunction with the Public Announcement dated January 25, 2007, pursuant to the order of the Honourable Supreme Court of India dated December 12, 2006, and in compliance with Regulation 10 & 12 of Chapter III of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations 1997 ("Regulations"). The shareholders of the Target Company are requested to note the following:

1. The Schedule of Activity set forth in the Public Announcement published on January 25, 2007 is delayed and a revised Schedule of Activity will be announced separately very soon.

2. All other terms and conditions of the Offer as set forth in the Public Announcement published on January 25, 2007 will remain unchanged.

Source : Equity Bulls

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