Orient Press Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017

1. The above Financial Results have been reviewed by the Audit Committee and were approved by the Board of Directors at its meeting held on May 29, 2017.

2.The figures of last quarter for the current year and for the previous year are the balancing figures between the audited figures in respect of the full financial year ended 31st March and the unaudited published year-to-date figures upto the third quarter ended 31st December, which were subjected to a limited review.

3. The Company's operations comprises of two reportable business segments, i.e. printing and Packaging in accordance with Accounting Standard -17 on Segment Reporting.

4.The Board of Directors at their meeting held on May 29, 2017 proposed a dividend of Rs.1.25 per share for the year ended March 31, 2017, subject to the approval of the members at the ensuing Annual General Meeting. In terms of revised Accounting Standard (AS) 4 "Contingencies and Events occurring after the Balance Sheet date", the Company is not required to provide for dividend proposed/ declared after the Balance Sheet date. Consequently, no provision has been made in respect of the aforesaid dividend proposed by the Board of Directors for the year ended March 31, 2017. If approved, the total liability arising to the Company would be Rs.121.49 Lakhs including dividend tax.

5.The Previous period/year figures have been regrouped, rearranged and recasted, wherever necessary to make them comparable.