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

• Security Code: 500126
• Company: PGHL

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)	Merck Ltd
Date of reporting	May 12, 2008
Name of Stock exchanges where shares are listed.	Bombay Stock Exchange Ltd, National Stock Exchange of India 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)
Franklin Templeton Mutual Fund	Apr 30, 2008	Open Market	(100,000) (0.59%)	543,529 (3.22%)	443,529 (2.63%)