House of Pearl - Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

• Security Code: 532808
• Company: PGIL

The Exchange has received the following disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997:

Name of Target company (Reporting company)	House of Pearl Fashions Ltd
Date of reporting	Aug 31, 2007
Name of Stock exchanges where shares are listed.	Bombay Stock Exchange Ltd
Name of Acquirers/ Sellers	Date of Acquisition / Sale	Mode of acquisition / Sale	No & % of shares acquired/(Sale)	Shareholding of acquirers stated at (A) before acquisition / Sale	Shareholding of acquirers stated at (A) after acquisition/Sale
(A)	(B)	(C)	(D)	(E)	(F)
Funds under the management of FMR Corp and its direct and indirect subsidiaries and Fidelity International Ltd and its direct and indirect subsidiaries	Aug 14, 2007	Market Sale	(986,963) (5.06%)	1,036,343 (5.31%)	49,380 (0.25%)