R Systems Announces the outcome of its Board Meeting

Noida, March 23, 2009: The Board of directors of R Systems International Limited at its meeting held on March 23, 2009 has inter alia unanimously adopted and approved the following

1. The annual report of R Systems International Limited for the financial year ended December 31, 2008 and authorised the Secretary to convene the annual general meeting of the Company on Monday, April 27, 2009 at 09.00 A.M. at MPCU Shah Auditorium, Shree Delhi Gujarati Samaj Marg, 2, Raj Niwas Marg, Civil Lines, Delhi - 110 054.
2. Closure of the register of members and share transfer books from April 18, 2009 to April 27, 2009 (both days inclusive) for the purpose of convening the annual general meeting and declaration of dividend thereon.
3. Reappointment and remuneration of Ms. Amrita Kaur, daughter-in-law of Mr. Satinder Singh Rekhi, Chairman and Managing Director of the Company as Assistant Business Manager in R Systems International Limited subject to the approval of the shareholders at the ensuing annual general meeting.
4. Approved the alteration in the Articles of Association of the Company subject to the approval of the shareholders at the ensuing annual general meeting.