Voltas completes acquision of Saudi JV partner

With reference to the earlier announcement dated Dec. 10, 2007 regarding purchase of shares of Saudi Ensas Company (SECL), Saudi Arabia - joint venture (JV) company, Voltas announced that the legal process involved in connection with the transfer of 51% shareholding of SECL for Engineering Services WLL (Saudi Ensas), a joint venture company in Kingdom of Saudi Arabia (KSA), from the local partner in favor of Voltas has been completed.