GENEXIL Dividend Disclosure

(Cont. of GENEXIL): a. Bonus Shares have been recommended in view to utilize its retained amount as capital for further business expansion. b. Bonus shares are declared out of accumulated profit. c. Bonus shares are not declared from capital reserve on revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end)