Relaxo Footwears Ltd has informed that the Board of Directors of the Company at its meeting held on May 28, 2008, inter alia, has recommended a dividend @ 15% on the Equity Share Capital subject to the declaration by the shareholders at the forthcoming Annual General Meeting.

Relaxo is one of India\'s most quality conscious and progressive footwear companies. Headquartered in Delhi, India, it maintains a fine combination of comfort, style and workmanship and is embarking upon appreciable growth plans for the future.


Relaxo Footwears Ltd

(May29,2008)