CORPBANK

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3, sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government in Consultation with the Reserve Bank of India, appointed Shri B.Sambamurthy, Executive Director , Indian Bank as Chairman and Managing Director of the bank for the period from the date of his taking charge of the post on or a

Corporation Bank had informed the Exchange that the strike call given by the United Forum of Bank Unions (UBFU), wherein they have stated that the Officers and Employees working in all the Public Sector and Private Sectors Banks will observe strike on March 09, 2006. The Company has now informed the Exchange that the said strike has been deferred. As such all the Bank's offices and branches will function normally.

Corporation Bank has informed the Exchange that the Board of Directors of the Bank has approved to raise :- (1) Tier II Capital to the extent of Rs.500 crore in one or more tranches. (2) Raising Resources by issue of Infrastructure Bonds to the extent Rs.1000 crore in one or more tranches.

Corporation Bank has informed the Exchange that a notice of strike have been served by the United Forum of Bank Unions (UBFU), wherein they have stated that the Officers and Employees working in all the Public Sector and Private Sector Banks, will be observing a day's total strike on March 09, 2006 throughout the country for restoration of the compassionate appointment scheme in banks. In view of this, it is likely that the normal functioning of large number of the Bank's Branches may get affected.

Corporation Bank has informed the Exchange that the auditor's have conducted the limited review of the financial results for the nine months ended December 31, 2005 and 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).

Corporation Bank has informed the Exchange that the dividend warrants for the interim dividend of 35% for the financial year 2005-06 would be dispatched / ECS credit of dividend would be given to the shareholders from December 19, 2005 onwards.

Corporation Bank has informed the Exchange that at the meeting of the BODs of the Company held on November 26, 2005, the Board has declared an Interim Dividend of 35% for the financial year 2005-06. Further, the Board has fixed December 16, 2005 as the Record Date for the purpose of determining the shareholders who will be entitled to receive such Interim Dividend.

Corporation Bank has informed the Exchange that the Bank has been informed by the All India Bank Officers' Confederation (AIBOC), All India Bank Officers' Association (AIBOA) and All India Bank Employees' Association (AIBEA) through their respective notices, where in they have served notices of Strike by their members on September 29, 2005. In the event of the strike materializing it is likely that the normal functioning of the Bank's Branches / Offices may be affected on the said date.

Corporation Bank has informed the Exchange that Shri. P.K.Gupta,the company's erstwhile Executive Director has moved to National Housing Bank, New Delhi on his elevation as its Chairman & Managing Director. The Executive Director of the bank at present is Shri K.L. Gopalakrishna.

Corporation Bank has informed the Exchange regarding the shareholding of following Directors as on July 26, 2005: 1) Shri S. Ravi holds 200 shares of the Bank 2) Shri Ramakant Vashishtha holds 100 shares of the Bank 3) Dr. C. Ramakrishna Kamath holds 100 shares of the Bank 4) Shri P.M. Sirajuddin holds 100 shares of the Bank 5) Shri K. Sridhar holds 100 shares of the Bank 6) Shri Hiren Mehta holds 200 shares of the Bank.

Corporation Bank has informed the Exchange that the Board of Directors of the Bank had approved at its meeting held on May 28, 2005 to hold an EGM of the Shareholders of the Bank on August 09, 2005 to elect six Shareholder Directors against six vacancies, caused by completion of term of office of present six Shareholders Directors viz.Shri V.K. Chanana, Shri K.K.G. Pillai, Shri Dushyant Tyagi, Shri S. Ravi, Shri Ramakant Vashishtha and Shri Thomas Mathew T. on July 24, 2005. Accordingly, as required under the provisions of the Corporation Bank (Shares & Meetings) Regulations, 1998, a Notice co

In view of the above, the EGM proposed to be held on August 09, 2005 stands cancelled.

Corporation Bank has submitted to the Exchange a copy of the minutes of the AGM of the Shareholders of the bank held on June 29, 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).

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3, sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government, after consultation with the Reserve Bank of India, appointed Shri K. L. Gopalakrishna, presently General Manager, Union Bank of India, as a whole time director (designated as the Executive Director) of the Bank for the period

Corporation Bank has informed the Exchange that Shri S. K. Dash has been appointed as Company Secretary of the Bank and has taken charge on June 17, 2005 from Shri N. Mohan, Chief Manager & Compliance Officer. The Bank has further informed that Shri S. K. Dash will also be the Compliance Officer of the Bank.

Corporation Bank has informed the Exchange that a meeting of the Board of Directors of the Bank held on May 28, 2005 has fixed to convene an EGM of the shareholders of the Bank on August 09, 2005 exclusively for the purpose of Election of six directors amongst the shareholders other than the Central Government. At the said meeting, Board also fixed book closure from June 21, 2005 to June 23, 2005 (both days inclusive) for the purpose of determining the names of the shareholders entitled: 1. To receive the notice of EGM; 2. To sign nomination forms; 3. To vote at the EGM for election of six dir

Corporation Bank has informed the Exchange that at the meeting of the BOD's held on April 21, 2005, the Board declared a final dividend of 35% for the year 2004-05. With this, the total dividend payable by the Bank for the year 2004-05, including the interim dividend @ 30% declared by the Board at its meeting held on January 22, 2005 will be 65%. The Bank has further informed that the AGM of the Bank will be held on June 29, 2005.

Corporation Bank has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the nine months ended December 31, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (c) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government has nominated Shri C.V. George, General Manager & Member of Faculty, Reserve Bank Staff College, Chennai, as the Director on the Board of the Bank with effect from March 31, 2005 until further orders, vice Smt. Uma Shankar.

Corporation Bank has informed the Exchange that they have been informed by the Indian Banks' Association that the United Forum of Bank Unions (UBFU) have served a Notice of Strike by their members on March 22,2005. In the event of the strike materializing it is likely that the normal functioning of the bank's Branches/Offices may be affected on the said date.

Corporation Bank has informed the Exchange that in the matter of proposed merger of Chikmagalur Kodagu Grameena Bank (CHIKO BANK), a Regional Rural Bank sponsored by the bank, the BoDs of the Bank at their meeting held on March 12, 2005 have reconsidered the said proposal and have revoked their earlier decision of merging the Regional Rural Bank with the Bank. Accordingly, the Bank shall not be proceeding further in this matter.

Corporation Bank has informed the Exchange that the BOD's of the Bank at their meeting held on March 02, 2005, approved the proposal for merger of Chikmagalur Kodagu Grameena Bank (CHIKO Bank), Regional Rural Bank sponsored by the Bank with the Bank (i.e. Corporation Bank).

Corporation Bank has informed the Exchange that the interim dividend warrants would be despatched/ECS credit of dividend would be given to the shareholders from February 15,2005 onwards.

Corporation Bank has informed the Exchange that the Board has fixed February 10, 2005 as the Record Date for the purpose of determining the shareholders who will be entitled to receive the Interim Dividend.

Corporation Bank has informed the Exchange that at the meeting of the BOD's held on January 22, 2005, the Board have declared an interim dividend of 30% for the financial year 2004-05.

Corporation Bank has informed the Exchange that the BODs of the Bank at its meeting held on December 27,2004 approved the proposal for merger of Corp. Bank Homes Limited,a wholly owned subsidiary of the Bank with the Bank (i.e Corporation Bank).

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (a) of sub-section (1) of section 6 read with sub-section [2] of section 6 and subsection(1) of section 7 of the National Housing Bank Act,1987(53 of 1987), the Central Government, after consultation with the Reserve Bank of India, appointed Shri P K Gupta, Executive Director of the Bank as the Chairman and Managing Director of National Housing Bank.

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies [Acquisition and Transfer of Undertakings] Act, 1980 read with sub-clause [1] of clause 3, clause 5, clause 6, clause 7 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government, after consultation with the Reserve Bank of India, appointed Shri V K Chopra, Chairman and Managing Director, Small Industries Development Bank of India (SIDBI) as Chairman and Managing Direct

Corporation Bank has informed the Exchange that Shri Ramesh Chander Chandiwal, Director nominated by the Central Government on the Board of the Bank under sub section(3)(g) and (3-A) of section 9 of the Banking Companies [Acquisition and Transfer of Undertakings] Act, 1980 read with sub-clause [1] of clause 3 of the Nationalised Banks [Management and Miscellaneous Provisions] Scheme, 1980, ceases to be the Director of the Bank w.e.f November 05,2004.

Corporation Bank has informed the Exchange that the United Forum of Bank Unions (UBFU) have served a Notice of Strike by their members on 5th and 6th October 2004. In view of this, it is likely that the normal functioning of large number of the Branches of the bank may get affected.

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies [Acquisition and Transfer of Undertakings] Act, 1980 read with sub-clause [1] of clause 3 of the Nationalised Banks [Management and Miscellaneous Provisions] Scheme, 1980, the Central Government has nominated Shri Vinod Kumar Bhasin, Joint Secretary and Legislative Counsel, Legislative Deparment, Ministry of Law and Justice, New Delhi, as the Director of the Bank representing the Central Government with effect from September 24, 2004.

Corporation Bank has informed the Exchange that in the Board Meeting of the Bank held on September 24, 2004, it was resolved the following: 'The Board discussed the issue of consolidation in the banking industry and decided that the identity of Corporation Bank should be protected and authorized the CMD to explore the possibility of acquisition of other banks in view of the comfortable capital adequacy of the Bank and its inherent strengths. It was also resolved that the Bank may explore possibility of acquisition of credit portfolio in bulk to increase the asset base.'

News Verification : The press had reports that Corporation Bank has acquired a 2% equity stake in the Multi Commodity Exchange of India. 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. Corporation Bank has vide its letter inter-alia stated, "In this connection, we submit as under. As permitted by Reserve Bank of India, the Bank has been dealing in gold and silver since 1998. In the normal course of business, keepi