India Capital Growth Fund Limited (the 'Company')
(a closed-ended investment company incorporated with limited liability under the Laws of Guernsey with registered number 43839)
Exercise of Warrants
1 June 2009
India Capital Growth Fund Limited announces the allotment of 63 ordinary shares of 1p each. These shares, which rank pari passu with the existing shares in issue, have been allotted following the exercise of 63 warrants on 21 May 2009. Application has been made for the new ordinary shares to be admitted to trading on AIM and dealings are expected to commence on 4 June 2009.
As a result of this exercise the total number of ordinary shares in issue now stands at 75,000,063 and the total number of warrants in issue stands at 14,999,937.
For further information, please contact:
Company Secretary - Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: +44 (0) 1481 745368
Andrew Maiden
Email: ARM7@ntrs.com
Arbuthnot Securities Limited
Tel: 020 7012 2000
Alastair Moreton
Hannah Pearce