Dr. Reddy's to release Q2 FY08 results on October 24, 2007;
Earnings call slated for October 24, 6.30 PM IST/9.00 AM EST

Hyderabad, India, 18th October 2007: Dr. Reddy's Laboratories (NYSE: RDY) will announce results for the second quarter ended September 30, 2007 on Wednesday, October 24, 2007 after the Board Meeting. The results will be available on the Company’s website www.drreddys.com

Summary of Events

Earnings Call
Following the release, the management of the Company will host an earnings call to discuss the Company’s financial performance.

No password/pin number is necessary to dial in to any of the other calls. As participation in the call is limited, early registration is encouraged. The operator will provide instructions on asking questions before and during the call.

Audio Webcast
The audio webcast of the earnings call will be available to all interested parties at www.drreddys.com. Please visit the web site at least fifteen minutes ahead of the scheduled start time to register and to download and install any necessary audio software. Participants in the webcast can listen to the proceedings, but will not be able to ask questions. The replay will be available 2 hours after the earnings call, through October 31, 2007.

Transcript
The transcript of the earnings call will also be available on the Company's website.

About Dr Reddy’s
Established in 1984, Dr. Reddy's (NYSE: RDY) is a vertically integrated, global pharmaceutical company with proven research capabilities and presence across the pharmaceutical value chain. The company manufactures Active Pharmaceutical Ingredients and Finished Dosage forms and market them globally, with a focus on United States, Europe, India and Russia. In addition, the drug discovery arm of the company conducts basic research in the areas of diabetes, cardiovascular, inflammation and bacterial infection. Website: http://www.drreddys.com

Contact
For further information please contact:
Investor Relations: Nikhil Shah (nikhilshah@drreddys.com) or on +91-40-66511532