Weizmann Fincorp Open Offer price increased to Rs.63.5

Ashika Capital Ltd ("Manager to the Offer") on behalf of M/s. Trade Apartments Ltd ("Acquirer"), has issued this Corrigendum to the Public Announcement ("PA") to the equity shareholders of Weizmann Fincorp Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated March 24, 2006, pursuant to and in compliance with regulations 10 & 12 of Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (the "Regulations"). The shareholders of the Target Company are requested to note the following amendments with respect to the PA:

1. The numbers of shares to be acquired under Open offer has been revised from 49,000 equity shares to 77,700 equity shares of Rs 10/- each. The offer price has also been increased to Rs 63.50/- (Rs 61.05 as per Regulations and interest of Rs 2.45/- ) per share.

2. The Promoters other than parties to the Share Purchase Agreement shall become part of Public.

3. The schedule of activity pertaining to the Open offer has been changed and shall be read as under.

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Activity				Original Schedule		Revised Schedule
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Specified date				March 24, 2006			March 24, 2006
Date of Opening of the Offer		May 12, 2006			October 04, 2006
Date of Closing of the Offer		May 31, 2006			October 23, 2006
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Source : Equity Bulls

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