Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

• Security Code: 530943
• Company: SABTNL

Markand Adhikari has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE

Name of the Target Company (TC) : Sri Adhikari Brothers Television Network Ltd
Name of the Promoter(s) on whose shares encumbrance was created/ invoked/ released : Markand Adhikari
Date of reporting : January 16, 2012
Names of the stock exchanges where the shares of the target company are listed : BSE & NSE

Details of the promoters’ holding : 2,068,528 (8.39%)

1.Promoter (s) or PACs with him : Markand Adhikari

Pre-event holding
Number : 2068528*
% of total share capital : 8.39%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation of Pledge
Date (s) : December 22, 2011

Post event holding (encumbered shares to be excluded)
Number : 613,528**
% of total share capital : 2.49%

Details of encumbrance (pledge/lien or others)
60000 (0.24%)

2.Promoter (s) or PACs with him : Markand Adhikari

Pre-event holding
Number : 2068528*
% of total share capital : 8.39%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation of Pledge
Date (s) : December 27, 2011

Post event holding (encumbered shares to be excluded)
Number : 588,528**
% of total share capital : 2.38%

Details of encumbrance (pledge/lien or others)
25000 (0.10%)

* indicates total number of shares held.
** indicates free shares held.