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The Royal Indian Raj International Corporation Announces Lord Michael Sandberg As Chairman of the Advisory Board for the Royal Indian Raj International Corporation


VANCOUVER, BRITISH COLUMBIA and LONDON, UNITED KINGDOM -- The Royal Indian Raj International Corporation (RIRIC) today announced the appointment of former World Chairman and CEO of HSBC (Hong Kong & Shanghai Banking Corporation) and member of the House of Lords, Lord Michael Sandberg, CBE as Chairman of its Advisory Board of Directors.

“The addition of Lord Sandberg as Chairman of RIRIC’s Advisory Board of Directors is indeed a great honor and privilege and will significantly expand RIRIC’s banking, and real estate reach and expertise in the National and International markets. We look forward to Lord Sandberg’s involvement.” - Manoj C. Benjamin, Chairman and CEO Royal Indian Raj International Corporation.

Michael Sandberg was born in Surrey on the 31st May 1927, and educated at St. Edward’s School, Oxford. In 1945, he decided to join the army and did his pre-officer’s training in Kent. Attracted by the prospect of warmer climes, he volunteered to join the Indian Army, and was posted to the North West Frontier with the Sixth Lancers. Upon Indian Independence, he joined the First King’s Dragoon Guards, and went to serve in Palestine and North Africa. In 1949, Michael returned to the East and joined the Hong Kong & Shanghai Banking Corporation, later marrying Carmel Donnelly in 1954. In 1977, he became Chairman and Chief Executive of the HSBC Group. Michael Sandberg was awarded a CBE in 1982, and knighted on his retirement from the Bank in 1986. Since retiring, he has remained active on the boards of several companies in Hong Kong, North America and Australia.

His main interests lie in cricket, horology and horse racing. In 1998, he published a portfolio volume of his antique watch collection entitled, “The Sandberg Watch Collection”.

In 1997, Lord Sandberg embarked on a second career when he entered the House of Lords. He is a regular attendee there, and enjoys speaking on subjects such as sport, foreign affairs and the Arts. Michael and Carmel Sandberg live in Hampshire, and have two sons and two daughters.

Lord Michael Sandberg, CBE, Peer House of Lords London, former World Chairman, Chief Executive Officer HSBC, former Chairman Royal Hong Kong Jockey Club, states, “I am pleased to stand as Chairman of the Advisory Committee for the Royal Indian Raj International Corporation. I have a deep love and respect for India since joining the Indian Army and being posted to the North West Frontier with the Sixth Lancers until Indian Independence. India is soon to be a World Leader and it is my pleasure to work with RIRIC to help facilitate India’s immense growth and prosperity.”

About Royal Indian Raj International Corporation

Royal Indian Raj International Corporation, (RIRIC), incorporated in Nevada, USA, in March 1999 with offices in Vancouver, London, and Bangalore, India, maintains a country-specific, 5-sector heavy infrastructure orientation, focused on the free world’s largest emerging market, India. The company’s goal is to develop the New India by modernizing housing and businesses and realizing self-sustaining cities of the future. RIRIC implements leading-edge technologies and products in strategic alliance with world-class international corporations. Partnered with these international leaders in their respective fields, RIRIC is focused on five of India’s priority infrastructure sectors using a vertically integrated business strategy: Urban Infrastructure & Housing, Road Building & Recycling, Broadband Communications & IT Networks, eCommerce/IT & Education Applications, and Broadcast Content, Entertainment & Theme Parks.

RIRIC’s city projects, Royal Garden City - Bangalore, and the Royal Garden Marina City and Financial Harbor - Mumbai, are the first of six cities planned by the company. RGC Bangalore is a 3,000 acre sub-city development situated between downtown Bangalore and the new Bangalore International Airport. The USD $8.97 billion integrated Live/Work/Play development features over 146.36 Million Sq. Ft. of residential, commercial and industrial space to accommodate the burgeoning Bangalore market and has been planned and designed by the former Singapore Public Works Dept. The project is fifteen times the size of Canary Wharf in London, England.

Royal Garden Marina City and Financial Harbor, covering an area of 5,000 acres, is situated 16 nautical miles from the Gateway of India in downtown, Mumbai. It will be Asia’s largest real estate development and India’s first smart city, with 22.8 million square meters of high-tech retail, medical, education and housing facilities. The project comprises over 50,000 residential units, a central business district, industrial district, entertainment district, parks, restaurants, shopping, educational facilities and civic amenities. An estimated 400,000 to 600,000 people are expected to live, work and play within the city daily.

Royal Indian Raj International Corporation (RIRIC) is currently selling Phase I of its inaugural Royal Garden Villas & Resorts project in Bangalore. Phase II and III will hitting the markets in Q2 of 2007 as will its Royal Garden Villas and Resorts Hyderabad development situated on 450 acres near the new Hyderabad International Airport. RIRIC will also be launching its Royal Garden Villas and Resorts brand in Mumbai, Goa, Delhi, Chennai and Pune over the next 12-18 months.


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