Nestlé India announces change in management structure

Nestlé India Ltd has informed the BSE that the Board of Directors of the Company at its meeting held on July 27, 2001 has effected the following changes:

1. Mr. B M Khaitan Non Executive Director shall cease to be a Director of the Company with effect from 1st October 2001 consequent upon his resignation from that date

2. Mr. Rajendra S Pawar has been appointed as a Non Executive Director of the Company in place of Mr. B M Khaitan with effect from 1st October 2001.

Mr. Rajendra S Pawar Chairman and Managing Director NIIT Ltd is a leading and well known personality in the field of Information Technology. His appointment as a Director of the Company would be of immense benefit to the Company and would add a valuable perspective to the Board of Directors.