BONGAIREFN

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the Calcutta Stock Exchange Association Limited (CSEA) vide their letter dated February 24, 2005 has communicated the approval of the Exchange for Voluntary Delisting of BRPL's equity shares (as requested by BRPL) with effect from March 01, 2005 and the name of the company has been delisted from the Official list and Quotation of the Exchange. However, considering the interest of the general investors, the shares of BRPL have simultaneously been shifted to Permitted Category of the Exchange as informed by CSEA.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that Shri M S Ramachandran (who has been appointed as a Director and part-time Chairman of BRPL Board by the BOD's of BRPL in its meeting held on January 27, 2005) and his dependent family members, do not hold any shares in BRPL.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the Ministry of Petroleum & Natural Gas, Govt. of India by an order nominated Shri M S Ramachandran, Chairman, Indian Oil Corporation Ltd. as part time Chairman on the Board of BRPL w.e.f. January 11, 2005. The company has further informed that Shri B N Bankapur, Executive Director (Operations), Refineries Division, IndianOil (as nominated by Indian Oil Corporation Limited) has been appointed as a Director of the Company in place of Shri K K Acharya w.e.f. January 10, 2005.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that Shri B N Bankapur (who has been appointed as a Director of BRPL w.e.f. January 10,2005), and his dependent family members, do not hold any shares in BRPL.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that Mr. A K Sarmah(who has taken over the charge of the Managing Director of the Company w.e.f. Janaury 01,2005) holds 100 equity shares of Rs.10/- each in his own name in BRPL. However, his dependent family members do not hold any shares in BRPL.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that on attaining the age of superannuation, Shri B K Gogoi has retired and relinquished charge of the post of the Chairman & Managing Director of Bongaigaon Refinery & Petrochemicals Ltd. on December 31,2004(AN).The company has further informed that in terms of letter dated December 21,2004 of the Ministry of Petroleum & Natural Gas,Govt. of India, Shri A K Sarmah has assumed charge of the post of the Managing Director of Bongaigaon Refinery & Petrochemicals Ltd. w.e.f. January 01,2005.Prior to joining BRPL as the Managing Dir

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange regarding details of shareholding of few new designated employees of the company as on the date they became the designated Employee as per the initial disclosure received from them:1)S.K.Singh, DGM(MAINT)-600 shares.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange regarding details of shareholding of few new designated employees of the company as on the date they became the designated Employee as per the initial disclosure received from them:1)Nityananda Saikla, DGM(A&C)-200 shares.2)R K Chiring,DGM (PP & MATLS)-200 shares.3)P D Choudhury,DGM(REF.OPN)-200 shares.4)P K Gogoi,DGM(PROJS)-200 shares.5)M Chinnakkan,DGM(MKTG)-NIL shares.6)S K Sharma,DGM(IT)-NIL shares.7)H R Das,PS to DGM(PP& MATLS)-100 shares.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange regarding details of shareholding of few new designated employees of the company as on the date they became the designated Employee as per the initial disclosure received from them:1)N C Mistry, DGM(PEC)-NIL shares.2)A R Babuji,DGM (CSP)-1700 shares.3)K N Brahma, CS to DGM(IT)-NIL shares.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the BOD of the company in its meeting held on November 08, 2004, declared interim dividend of 60% on the paid up share capital of the Company (i.e. Rs.6.00 per share of Rs.10/- each) for the year 2004-05.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the Company has received disclosure from Shri. P K Goyal, who has been appointed as a Director of the Company w.e.f October 28, 2004, that he does not hold any equity shares in the Company. However, his dependent family members hold 800 shares in the Company.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the BOD of the company in its meeting held on October 28, 2004, has fixed November 16, 2004 as the record date for the purpose of ascertaining the eligibility for payment of Interim Dividend for the financial year 2004-05, if declared by the Board. The Company has further informed that the Interim Dividend of the Company for the year 2004-05 will be paid on or after November 29, 2004, if declared by the BoD's.

Clarification of News : The press had reports that Bongaigaon Refinery & Petrochemicals Limited is likely to announce an interim dividend of Rs. 4 per share (40%). The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Bongaigaon Refinery & Petrochemicals Limited has vide its letter inter-alia stated, "The Board of Directors of BRPL have neither taken any decision to announce any interim dividend nor fixed a record date i

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the company has received a disclosure from M/s. S Ghose & Co., Chartered Accountants, who have been appointed as Statutory Auditors of the Company for the year 2004-05 that none of the partners of the firm holds any equity shares in the Company. Also none of the Dependent family members of the partners of the firm, hold any share in the Company.