Basis of Allotment
COMPULINKLinkup and Leverage

COMPULINK
Linkup and Leverage

Compulink Systems Limited
Registration No.11-96866

(Incorporated in Pune on February 2,1996 under the Companies Act, 1956 as Compulink Systems Private Limited.
Converted into Compulink Systems Limited on April 10, 2004 and received fresh Certificate of Incorporation consequent to conversion to Compulink Systems Limited on July 15, 2004)

Registered Office: "Kshitij", Plot No. 38, Rajv Gandhi Infotech Park, MIDC, Hinjewadi, Pure 411057.
(Previous Registered Offices: On Incorporation: 13, Abhikalp,Alkapuri Society, Paud road, Pune411029.

In February 1996, shifted to 9, Anagha; Alkapuri Socety, Paud Road, Pune 411029. In August 1998, shifted to 3, Megh Malhar, Lokmanya Society, Plot No. 30, Opp. Vanaz, Paud Road, Pune-411038. In April 2000, shifted to Compulink House, Plot No. 16-B, Rajpath Co-operative Housing Society, Paud Road, Pune-411038. In May 2005, shifted to "Kshitij", Plot no. 38, Rajiv Gandhi Infotech Park, MIDC, Hinjewadi, Pune-411057)
Tel.: 9120 56528000, Fax: 9120 56528080, e-mail: investors@compulink.co.in, website: www.compulinkgroup.com

PUBLIC ISSUE OF 45,38,462 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PREMIUM OF RS. 50/- PER EQUITY SHARE AGGREGATING RS. 2723.07 LAKHS, CONSISTING OF A FRESH ISSUE OF 35,38,462 EQUITY SHARES OF RS. 10/- EACH AT A PRICE OF RS. 60/- PER EQUITY SHARE FOR CASH AGGREGATING RS. 2123 LAKHS AND AN OFFER FOR SALE OF 10,00,000 EQUITY SHARES OF RS. 10/- EACH AT A PRICE OF RS. 60/- PER EQUITY SHARE FOR CASH AGGREGATING RS. 600 LAKHS (COLLECTIVELY REFERRED TO AS THE "ISSUE"). THE ISSUE PRICE IS 6 TIMES OF THE FACE VALUE.

BASIS OF ALLOTMENT

The Board of Directors wish to thank the investing public for their overwhelming response to the Public Issue. The Basis of Allotment has been finalized in consultation with The National Stock Exchange of India Ltd. on 19/12/2005 and equity shares have been allotted as per details given below:

Public Issue Opened on 25/11/2005 and Closed on 30/11/2005.

Particulars
No. of equity shares offered 45,38,462
No. of valid application received 19,407
Total no. of equity shares applied for 91,34,400
% to the net offer 201.27%,
Allottee No. of valid Applications received No. of shares applied for No. of times offered No. of times oversubscribed
Resident Indians/NRls 19,407 91,34,400 45,38,462 2.01
Total 19,407 91,34,400 45.38.462 2.01

Full and firm allotment has been made to valid applications for all categories above 100 shares.

Basis of allotment of equity shares to the Resident Indian Public Category is as follows:

SI.
No.		 Category Ratio No. of
shares
alloted		 SI.
No.		 Category Ratio No. of
shares
alloted		 SI.
No.		 Category Ratio No. of
shares
alloted
1 100 1:2 100 17 1700 1:1 845 33 7100 1:1 3529
2 200 1:1 100 18 1800 1:1 895 34 8000 1:1 3976
3 300 1:1 149 19 1900 1:1 944 35 10000 1:1 4970
4 400 1:1 199 20 2000 1:1 994 36 11000 1:1 5467
5 500 1:1 248 21 2100 1:1 1044 37 16600 1:1 8250
6 600 1:1 298 22 2500 1:1 1243 38 20000 1:1 9940
7 700 1:1 348 23 3000 1:1 1491 39 25000 1:1 12425
8 800 1:1 397 24 3200 1:1 1590 40 28500 1:1 14165
9 900 1:1 447 25 3300 1:1 1640 41 30000 1:1 14910
10 1000 1:1 497 26 3500 1:1 1740 42 35000 1:1 17396
11 1100 1:1 547 27 3800 1:1 1889 43 53300 1:1 26491
12 1200 1:1 596 28 4000 1:1 1988 44 85100 1:1 42296
13 1300 1:1 646 29 4500 1:1 2237 45 100000 1:1 49702
14 1400 1:1 696 30 4700 1:1 2336 46 250000 1:1 124254
15 1500 1:1 745 31 5000 1:1 2485
16 1600 1:1 795 32 6000 1:1 2982

The despatch of refund orders and allotment letters has been completed. The credit in respect of allotment in dematerialised form in Central Depository Services India Limited (CDSL), National Securities Depository Limited (NSDL) has been completed.

The company has already made the listing application to the NSE and other formalities regarding listing of equity shares are in the process of completion.

All further correspondence in this regard may kindly be addressed to the Registrars to the issue, whose address is furnished below, quoting full name of the first/sole applicant, Application No., No.of Shares applied and Bank Branch where the Application had been lodged.

Lead Manager to the Issue

KARVY INVESTOR SERVICES LIMITED
"Karvy House", 46, Avenue 4,
Street No. 1, Banjara Hills,
Hyderabad - 500 034
Tel.: 91 40 23312454, 23320251, 23320751
Fax: 91 40 23374714
Email : mbd@karvy.com
Website: www.karvy.com

 Registrar to the Issue

AARTHI CONSULTANTS PRIVATE LIMITED
1-2-285, Domalguda,
Hyderabad - 500029
Tel.: 91 40 27634445, 27638111
Fax: 91 40 27632184
Emaif :info@aarthiconsultants.com
Website: www.aarthiconsultants.com
Place: Mumbai
Date : December 23, 2005

For COMPULINK SYSTEMS LIMITED
Sd/-
Directors of the Company
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