Peninsula Land has informed the stock exchanges that the board of Peninsula Land has approved the stock split in the board meeting held on September 21, 2007. The board of Peninsular Land has also fixed the record date for the stock split. The Peninsula Land stock split record date has been fixed as October 23, 2007. The face value of the shares of Peninsula Land will be split from Rs. 10 to Rs. 2 each. Shareholders will get 5 shares of Peninsula Land for every 1 share they hold, post stock split.