Future Ventures India Ltd has informed BSE that the Hon'ble High Court of Judicature at Bombay, has by separate order(s) passed on May 10, 2013, sanctioned the following: 1. Composite Scheme of Arrangement and Amalgamation between Indus-League Clothing Limited and Lee Cooper (India) Limited and Future Ventures India Limited and Pantaloon Retail (India) Limited (now known as Future Retail Limited) and Future Lifestyle Fashions Limited and their respective shareholders and creditors; and 2. Composite Scheme of Arrangement and Amalgamation between Future Consumer Enterprises Limited and Express Retail Services Private Limited and Think Fresh International Private Limited and Future Ventures India Limited and their respective shareholders and creditors. Future Ventures India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2013, inter alia, has considered and approved the following: 1. In view of the Composite Scheme of Arrangement and Amalgamation coming into effect pursuant to the re-structuring of the business of the Company, to intimate Reserve Bank of India about the same and consequently to comply with the process of de-registration as a Non-Banking Financial Company in the manner as may be required. 2. Issue of equity shares of the Company to the shareholders of Indus League Clothing Limited in terms of the respective Composite Scheme of Arrangement and Amalgamation and to authorize the Committee of Directors to allot the same, subject to the necessary compliances for listing the said shares, that may be necessary. (As Per BSE Announcement Dated on 30.05.2013) Future Ventures India Ltd has informed BSE that June 24, 2013, has been fixed as the Record Date for the purpose of determining the entitlement for issue of equity shares of Future Lifestyle Fashions Limited ('FLFL') to the shareholders of the Company, pursuant to the Scheme as approved by the Hon'ble High Court at Bombay. (As Per BSE Announcement Dated on 05.06.2013) SUB. :- Scheme of Arrangement of Future Retail Ltd. (Scrip Code 523574) Trading Members of the Exchange are hereby informed that, Future Retail Ltd. (FRL) has fixed the Record Date for the purpose of determining entitlement to the shareholders of the Company pursuant to the Scheme of Arrangement of the Company for Demerger of the company as provided in the Scheme approved by Hon'ble High Court of Judicature at Bombay. COMPANY NAME CODE Future Retail Ltd. (523574, 423574 623574,570002,670002) RECORD DATE 24/06/2013 PURPOSE Scheme of Arrangement: - Upon the Scheme coming into effect, in consideration of the transfer of the Demerged Undertaking (Fashion Business) by FRL to Future Lifestyle Fashions Limited (FLFL) in terms of this Scheme, FLFL shall issue and allot to each equity/ Differential Voting Rights (DVRs) shareholders of FRL in the following ratio: 1 (One) fully paid Equity Share of Rs. 2 (Rupees Two Only) each of FLFL shall be issued and allotted for every 3 (Three) Equity Shares of Rs. 2 (Rupees Two) each held in the Company. 1 (One) fully paid Equity Share of Rs. 2 (Rupees Two only) each of FLFL shall be issued and allotted for every 3 (Three) Class B (Series-1) Shares of Rs. 2 (Rupees Two) each held in the Company. EX-ENTITLEMENT FROM DATE & SETT. NO. 21/06/2013 DR-060/2013- 2014 Trading Members are requested to take note of it. (As Per BSE Notice Dated on 13.06.2013)