MON DESERT ALMA LTD

NOTICE OF DECLARATION OF DIVIDEND

Notice is hereby given that the above company has declared on 22^nd November 2005 a final dividend of Rs 11.50 per share with regard to both ordinary and preference shares, for shareholders registered at the close of business on 09^th December 2005, in respect of its financial year ending 30^th June 2006.

The dividend will be paid on or about 31^st December 2005.

The shares of the company will be traded cum-dividend up to the market day of 06^th December 2005 and ex-dividend on 07^th December 2005.

Julien HOAREAU

for ESPITALIER NOEL LTD

Secretaries

« This communiqué is issued pursuant to LR 11:3

The Board of Directors of Mon Desert Alma Ltd accepts full responsibility for the accuracy of the information contained in this communiqué.»