RNS Number : 5911C
  Promethean India PLC
  02 September 2008
   

    For Immediate Release                                                                                   2 September 2008

    Promethean India plc

    Completion of Restructuring

    The Board of Directors is pleased to announce that the restructuring of Promethean India plc (the "Company"), as set out in the
announcement released on 22 July, is effective as of today 2 September 2008.

    The Company will notify the effective date of its change of name in due course.

    ENDS

    For further information please contact:

 Gaurav Burman
 Promethean India plc            +44 (0) 20 7479 7667

 Nandita Sahgal / Parimal Kumar
 Seymour Pierce Limited          +44 (0) 20 7107 8000

 Mark Edwards / Nicola Cronk
 Buchanan Communications         +44 (0) 20 7466 5000


    Notes to editors:

    Promethean India plc
    Promethean India plc was launched in April 2007 as an AIM listed fund. The Fund invests in private and public equity investments in
India and is advised by an India-based investment team.
    Four investments have been made to date across a range of sectors including leisure, automotive, mobile payment services and building
materials.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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