AurionPro Solutions Ltd. (NSE: AURIONPRO, BSE: 532668), a leading banking products and services company announced that pursuant to the members’ approval in the Extra Ordinary General Meeting dated 24th May 2008, the company in its board meeting held on 11th day of June 2008, has made preferential allotment of 12,62,500 equity shares and 19,35,000 Convertible Warrants (face value Rs.10 each) at an issue price Rs.425/- per share at a premium of Rs.415/-, being the price with respect to the Relevant Date, i.e. 24th April 2008, as prescribed under SEBI Preferential Issue Guidelines, by way of private placement on preferential allotment basis to following promoters, promoter group and strategic investors:

1. Name of Allottee : Reliance Capital Ltd (Bodies Corporate)
- No of Equity shares allotted : 500000
- No of Convertible warrants allotted : 500000

2. Name of Allottee : Silgo Properties & Investments Pvt Ltd (Bodies Corporate)
- No of Equity shares allotted : 50000
- No of Convertible warrants allotted : 50000

3. Name of Allottee : KPIN Capital Advisors Pvt Ltd (Bodies Corporate)
- No of Equity shares allotted : 25000
- No of Convertible warrants allotted : 25000

4. Name of Allottee: Sandeep Daga (Individual)
- No of Equity shares allotted : 12500
- No of Convertible warrants allotted : 12500

5. Name of Allottee: Naresh Nagpal (NRI)
- No of Equity shares allotted: 50000
- No of Convertible warrants allotted: 50000

6. Name of Allottee : Kunal A Kumthekar (Individual)
- No of Equity shares allotted : 12500
- No of Convertible warrants allotted : 12500

7. Name of Allottee : Kavita Zaveri (NRI Promoter Group)
- No of Equity shares allotted : 250000
- No of Convertible warrants allotted : 600000

8. Name of Allottee : Amit Sheth (Indian Promoter)
- No of Equity shares allotted : 100000
- No of Convertible warrants allotted : 200000

9. Name of Allottee : Arti Desai (Indian Promoter Group)
- No of Equity shares allotted : 100000
- No of Convertible warrants allotted : 100000

10. Name of Allottee : Vishwanath Prabhu jt with Gargi Prabhu (NRI)
- No of Equity shares allotted : 50000
- No of Convertible warrants allotted : 100000

11. Name of Allottee : Mitesh Majithia (NRI)
- No of Equity shares allotted : 125000
- No of Convertible warrants allotted : 125000

12. Name of Allottee : Kashyap Mehta jt with Neha Samir Shah (Individual)
- No of Equity shares allotted : 60000
- No of warrants allotted : 160000

(11th June 2008)