The Exchange has received the following disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997: Name of the Target company | House of Pearl Fashions Ltd | Name of the acquirer and PACs with the acquirer | 1. Morgan Stanley & Co International Ltd A/C Morgan Stanley Dean Witter Mauritius Co Ltd 2. Morgan Stanley & Co International Ltd A/c Morgan Stanley Investment Mauritius Ltd | Details | Number | % | a) Shares / VR* before acquisition under consideration | 483,653 | 2.4802% | b) Shares / VR* acquired /(sold) | 500,000 | 2.5641% | c) Shares / VR* after acquisition / sale | 983,653 | 5.0443% | Mode of acquisition / sale | Open Market | Date of acquisition / sale of shares | Aug 14, 2007 | *VR - Voting Rights |