COCHINREFN

Members of the Exchange are hereby informed that the trading in equity shares of Kochi Refineries Limited shall be suspended w.e.f. September 22, 2006 (i.e. closing hours of trading on September 21, 2006) on account of Scheme of Amalgamation.

Bharat Petroleum Corpn. Ltd has informed the Exchange that the Board of Directors of Bharat Petroleum Corporation Ltd (BPCL) has fixed September 29, 2006 , as the 'Record Date' for shares of Kochi Refineries Ltd (KRL) for determining the names of the Shareholders / Beneficial Owners holding equity shares of KRL, who would be entitled for the allotment / issue of equity shares of BPCL, as per the Registers of Members maintained by KRL/ Depositories, in the Swap Ratio as provided in the Scheme of Amalgamation i.e. 4 fully paid up equity shares of Rs.10/- each of BPCL for every 9 fully paid up eq

Kochi Refineries Limited has informed the Exchange that the KRL (Kochi Refineries Limited) has filed Form No. 21 along with the Certified Copy of the Order of Ministry of Company Affairs dated August 18, 2006 with Registrar of Companies - Kerala, Kochi on August 23, 2006.

Kochi Refineries Limited has informed the Exchange that the Company has submitted to the Exchange regarding the copies of order dated August 18, 2006 of the Ministry of Company Affairs, New Delhi, sanctioning the Scheme of Amalgamation of Kochi Refineries Limited with Bharat Petroleum Corporation Limited.

Kochi Refineries Limited has submitted to the Exchange a copy of the Minutes of the EGM of the Company held on January 21, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Kochi Refineries Limited has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited has acquired 287,439 shares aggregating to 0.21% of the total paid up capital of Kochi Refineries Limited on January 27, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited after the said acquisition is 9,868,998 shares aggregating to 7.13% of t

HSBC Halbis Partners (Hong Kong)Limited has informed the Exchange that HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited has acquired 287,439 shares of Kochi Refineries Limited on January 27, 2006. The mode of acquisition is Market Purchase and the shareholding of HSBC Global Investment Funds - A/C HSBC Global Investment Funds (Mauritius) Limited alongwith PAC HSBC Halbis Partners (Hong Kong) Limited after the said acquisition is 9,868,998 shares aggregating to 7.13% of the total paid up capital of Kochi R

Kochi Refineries Limited had informed the Exchange that the EGM of Shareholders of the Company will be held on January 21, 2006 pursuant to the direction of the Department of Company Affairs, New Delhi, for considering approval of the Scheme of Amalgamation of Kochi Refineries Limited (KRL) with Bharat Petroleum Corporation Limited (BPCL), under the Chairpersonship of Mr. Justice (Retd.) Santosh N Hegde. The Company has now informed the Exchange that the Members at the above Meeting approved the Scheme of Amalgamation of Kochi Refineries Limited (KRL) with Bharat Petroleum Corporation Limited

Kochi Refineries Limited has informed the Exchange that by an Order made on the November 28, 2005, the Department of Company Affairs, at New Delhi has directed that a Meeting of the Equity Shareholders of Kochi Refineries Limited, the Applicant Company be convened and held on January 21, 2006 for the purpose of considering and, if thought fit, approving with or without modifications, the Arrangement embodied in the Scheme of Amalgamation proposed to be entered into between Kochi Refineries Limited, the Applicant Company and Bharat Petroleum Corporation Limited. A copy of the Notice convening t

Kochi Refineries Limited has informed the Exchange that the EGM of the Company for considering approval of the Scheme of Amalgamation of Kochi Refineries Limited(KRL) with Bharat Petroleum Corporation Limited (BPCL) will be held on January 21, 2006.

Kochi Refineries Limited has informed the Exchange that as authorised by the BODs of KRL, Record Date has been fixed as December 20, 2005 for despatch of the notices of EGM to be held as per the directions of the Ministry of Company Affairs to consider the Scheme of Amalgamation of Kochi Refineries Limited with Bharat Petroleum Corporation Limited.

Kochi Refineries Limited has submitted to the Exchange a copy of the Minutes of the AGM of the Company held on September 19, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Kochi Refineries Limited has informed the Exchange that HSBC Global Investment Funds A/C HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited has acquired 148,711 shares of Kochi Refineries Limited on September 13, 2005. The mode of acquisition is through Market Purchase and the shareholding of HSBC Global Investment Funds a/c HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited after the said acquisition is 7,049,883 shares aggregating to 5.09% of the total paid up capital of Kochi Refineries Limit

HSBC Investments (Hong Kong) Limited has informed the Exchange that HSBC Global Investment Funds A/C HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited has acquired 148,711 shares of Kochi Refineries Limited on September 13, 2005. The mode of acquisition is through Market Purchase and the shareholding of HSBC Global Investment Funds a/c HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited after the said acquisition is 7,049,883 shares aggregating to 5.09% of the total paid up capital of Kochi Refi

Kochi Refineries Limited has informed the Exchange that as authorized by the BOD's at its meeting held on July 25, 2005, it has been decided to hold the AGM of the Company on September 19, 2005 and to close the Register of Members and Share Transfer Books for this purpose from September 06, 2005 to September 19, 2005 (both days inclusive).

Kochi Refineries Limited has informed the Exchange that the BODs at its meeting held on June 29, 2005 decided not to recommend any further dividend over and above the interim dividends already declared and paid aggregating to Rs. 5.60 per equity share of Rs.10/- for the FY 2004-05.

Kochi Refineries Limited has informed the Exchange that the board has declared 2nd interim dividend of Rs.3.30 per equity share of Rs.10/- each of the company. The company has further informed that the record date has been fixed as June 07, 2005 for the purpose of 2nd Interim Dividend. The dividend will be paid on or after June 16, 2005.

Kochi Refineries Limited has informed the Exchange regarding the details of annual disclosures submitted by Directors/Officers/Designated Employees of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements). The Company has further informed that the details of Directors/Officers/Designated Employees who have submitted 'Nil' reports (as they are not holding any shares of the Company) are not included in the said list.

Kochi Refineries Limited has informed the Exchange that the Board in its meeting held on February 04, 2005, has declared an Interim dividend of Rs.2.30 per equity shares of Rs.10/- each of the Company.

Kochi Refineries Limited has informed the Exchange that the Record Date has been fixed as February 22,2005 for the purpose of Interim Dividend declared by the Board for the financial year ending March 31, 2005. The dividend will be paid on or after March 04,2005.

Kochi Refineries Limited has informed the Exchange that the BOD's of the Company, at its meeting held on January 17, 2005, has approved the Scheme of Amalgamation of Kochi Refineries Limited with Bharat Petroleum Corporation Limited. The BOD's has also recommended a swap ratio of 1: 2.25 i.e. 4 fully paid up equity shares of Rs.10/- each of Bharat Petroleum Corporation Limited for every 9 fully paid up equity shares of Rs.10/- each of Kochi Refineries Limited. The above is however, subject to the necessary approvals of the Govt. of India, shareholders / creditors of BPCL / KRL and other Judici

Kochi Refineries Limited has informed the Exchange that at its meeting held on October 26, 2004 the BOD have accorded in-principle approval for merger of Kochi Refineries Limited with Bharat Petroleum Corporation Limited.

Clarification of News : The press had reports on September 01, 2004 that Bharat Petroleum Corporation Limited is planning to merge Kochi Refineries Limited with itself. 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. Kochi Refineries Limited has vide its letter inter alia stated, "We would like to clarify that as of date there is no proposal before the Board of KRL for merger of KRL with Bharat Petroleum Corporatio