Ushdev International has informed the stock exchanges that the board of Ushdev International Limited will meet on Monday, October 15, 2007 to consider an issue of bonus shares to the shareholders of Ushdev International. The board of Ushdev International will also review the rights issue which has already been approved by the shareholders of Ushdev International in the previous EGM. More details about the Ushdev International Bonus Issue and Rights Issue including the record date and ratio for the rights issue as well as the bonus issue will be available on Monday.