Citigroup Global Markets Limited
19 October 2007
STABILISATION NOTICE
19 October 2007
The London Stock Exchange
10 Paternoster Square
London, EC4M 7LS
Dear Sirs
Northgate Technologies Limited - Offering of up to 12,000,000 Global Depositary
Receipts representing up to 6,000,000 Equity Shares of nominal value Rs. 10 each
Stabilisation Notice
Pursuant to Core Dealing Rule 3060-3061, Citigroup Global Markets Limited hereby
notifies the London Stock Exchange that it and its affiliates may stabilise the
offering of the Global Depositary Receipts of Northgate Technologies Limited:
1. Security to be stabilised: Global Depositary Receipts of Northgate
Technologies Limited;
2. Security Identifier: Sedol: B28DJD0 ISIN: US6664432050(RegS)
Sedol: B28DJH4 ISIN: US6664431060 (144A);
3. Stabilising Manager: Citigroup Global Markets Limited (Contact: Pankaj
Jain, +91 (22) 6631 9818);
4. Stabilisation period commences: 17 October 2007 at approximately 8:00am
London time;
5. Stabilisation period ends: Close of Business on 15 November 2007;
6. Approximate offer price: US$8.00 - US$ 9:00 per GDR (£3.93 - £4.42 per
GDR); and
7. Over-allotment option is equivalent to 15% of the offering.
Yours faithfully
CITIGROUP GLOBAL MARKETS LIMITED
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