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Corporate Update - Monsoon

BackAug 10, 2006

Meghmani Organics Limited ("Meghmani" or the "Group") would like to reassure investors and other stakeholders that business operations at its headquarters and production facilities in Gujarat have not been affected by the monsoon rains that are currently experienced in the southern part of the Gujarat region in India. All of our staff and personnel are safe as well.

To date, production is still running smoothly at our four plants, located in Vatva, Panoli, Chharodi and Ankleshwar, in spite of heavy rains over the past few days. In addition, we expect production to continue without interruption for now as the Group has stocked up sufficient inventory.

We wish to thank our investors and business associates in Singapore for their concern.

By Order of the Board
Kamlesh Dinkerray Mehta
Company Secretary
10 August 2006