BANKPUNJAB

Bank Of Punjab Ltd had informed the Exchange that the Reserve Bank of India has approved the Scheme of Amalgamation of the Bank with Centurian Bank Limited ("Scheme"). The Bank has now informed that October 14, 2005 has been fixed as Record Date for the purpose of determining the eligible shareholders of the Bank Of Punjab Ltd to whom equity shares of Centurian Bank Limited will be allotted as per the Scheme of Amalgamation between Bank of Punjab Limited and Centurian Bank Limited. The Bank has further informed that in terms of the Scheme, Centurian Bank Limited will issue 23,62,50,000 Equity

Bank Of Punjab Ltd has informed the Exchange that the AGM of the company is to be held on August 03, 2005. The Company has further informed that the Register of Members and Share Transfer Books of the Company shall remain closed from July 27, 2005 to August 03, 2005 (both days inclusive) in connection with the AGM to be held on August 03, 2005.

Bank Of Punjab Ltd had informed the exchange that the BODs of the bank, in its meeting held on February 23,2005, has approved the preferential issue of 24,285,176 equity shares("Shares") by the bank subject to the approval of the shareholders. The company has now informed that an EGM of the company's shareholders to consider the preferential issue of shares, and if thought fit, to pass the resolution under section 81(1A) of the Companies Act,1956, was held on March 23,2005.The shareholders, in the said meeting, have approved the preferential issue of shares in terms of the resolution passed th