Valiant Communications Ltd. - Research Center

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From Year	To Year	Class Of Share	Authorized Capital	Issued Capital	Paid Up Shares (Nos)	Paid Up Face Value	Paid Up Capital
2008	2009	Equity Share	15.00	7.69	7693969	10	7.69
2007	2008	Equity Share	9.50	8.65	8645600	10	8.65
2006	2007	Equity Share	9.50	8.05	8045600	10	8.05
2005	2006	Equity Share	9.50	8.05	8045600	10	8.05
2004	2005	Equity Share	9.50	7.45	7445600	10	7.45
2003	2004	Equity Share	9.50	7.45	7445600	10	7.45
2002	2003	Equity Share	9.50	7.45	7445600	10	7.45
2001	2002	Equity Share	9.50	7.45	7445600	10	7.45
2000	2001	Equity Share	9.50	7.45	7445600	10	7.45
1999	2000	Equity Share	9.50	7.45	7445600	10	7.45
1994	1999	Equity Share	6.25	5.75	5750600	10	5.75
1993	1994	Equity Share	0.25	0.24	240300	10	0.24

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