Prime Focus Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 23, 2008, inter alia, has approved a scheme of arrangement of merger of subsidiary Storemedia Technologies Pvt Ltd with the Company under Section 391 to Section 394 of the Companies Act, 1956, subject to members approval, High Court approval and various other permissions / approvals. The Board of Directors of the Company has approved issuing of 100 shares for every 45 shares held by members of Storemedia Technologies Pvt Ltd. This will entail issuing 1,00,000 equity shares from Prime Focus Ltd. Prime Focus Ltd has informed BSE that the equity shareholders of the Company at its High Court convened meeting held on September 17, 2008 have approved the Scheme of Arrangement ('Scheme') between Prime Focus Ltd, Storemedia Technologies Pvt Ltd and their respective Shareholders and Creditors for amalgamation and transfer of business of Storemedia Technologies Pvt Ltd, the Transferor Company to Prime Focus Ltd, the Transferee Company, along with the utilization of the securities premium account in the manner provided in the Scheme with requisite majority. (As per BSE Announcement dated on 18/09/2008) Prime Focus Ltd has informed BSE that the Hon'ble High Court of Judicature at Bombay on November 28, 2008 has approved the Scheme of Arrangement between Prime Focus Ltd, Storemedia Technologies Pvt Ltd, and their respective Shareholders and Creditors for the amalgamation and transfer of business of Storemedia Technologies Pvt Ltd to Prime Focus Ltd. (As Per BSE Announcement Website dated on 03.12.2008) Trading members of the Exchange are hereby informed that the under mentioned new securities of Prime Focus Limited (Scrip Code: 532748, ISIN No. INE367G01020) are listed and permitted for trading on the Exchange with effect from Wednesday, February 25, 2009. Securities 1,00,000* Equity Shares of Rs.10/- each issued to the shareholders of erstwhile Storemedia Technologies Private Limited (STPL) pursuant to the Scheme of Amalgamation of the Company. Dist. Nos. 12722589 to 12822588 *These shares are ranking pari-passu with the existing equity shares of the company. 2. Trading members may please note that 25,000 equity shares (demat form) are under lock-in upto March 02, 2012 3. The brief particulars of the Scheme of Amalgamation are as mentioned below: a) The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Bombay vide its Order dated November 28, 2008 respectively. b) Appointed Date: January 01, 2008. c) Effective Date: December 02, 2008. d) Date of Allotment: January 30, 2009. e) Exchange Ratio: 100 equity shares of Rs.10/- each of the company for every 45 equity shares of Rs.10/- each held in STPL. (As Per BSE Notice dated on 24.02.2009)