ESTL

Essar Steel Limited has informed the Exchange that: "The Company has fixed 4th January, 2008 as the Record Date for determining the names of shareholders who shall be entitled to receive the redemption proceeds of 0.01% Cumulative Redeemable Preference Shares of Rs.10/- each. The company has already obtained approval from the members through postal ballot on December 15, 2007 for premature redemption of these preference shares of Rs.10/- each at a premium of Rs.2.50 per share(viz. Rs.12.50 per share)".

Members are requested to refer to the broadcast message dated December 5, 2007 of Essar Steel Limited (Symbol: ESTL) regarding suspension of trading in the equity shares of Essar Steel Limited w.e.f December 7, 2007 (i.e. w.e.f. closing hours of trading on December 6, 2007) and subsequent withdrawal of admission to dealings (delisting) in securities of the said company w.e.f. December 14, 2007 being kept in abeyance until further notice. Members are hereby informed that the trading in equity shares (Series - EQ/BL) of Essar Steel Limited (Symbol: ESTL) shall be suspended w.e.f December 14, 20

Members are requested to refer to the broadcast message dated November 23, 2007 of Essar Steel Limited (Symbol: ESTL) regarding suspension of trading in the equity shares of Essar Steel Limited w.e.f December 7, 2007 (i.e. w.e.f. closing hours of trading on December 6, 2007) and subsequent withdrawal of admission to dealings (delisting) in securities of the said company w.e.f. December 14, 2007 on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. Members may note that the same is being kept in abeyance until further notice. This decision is being t

Members of the Exchange are hereby informed that the trading in the equity shares of Essar Steel Limited shall be suspended w.e.f. December 7, 2007 (i.e. w.e.f. closing hours of trading on December 6, 2007) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. December 14, 2007.

Essar Steel Limited has informed the Exchange that after the delisting of the equity shares from Stock Exchanges the Company will receive and process investors' correspondence at the address as given in the attachment. 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/Corporate Announcements).<a href=/content/corporate/ESSAESTEEL_ANN_23112007.zip target=NEW> For more details click here.</a>

Edelweiss Capital Limited, Managers to the Delisting Offer of Essar Steel Limited, hereby informed the exchange on behalf of Essar Steel Holdings Limited the Acquirer to the proposed delisting offer of Essar Steel Limited (ESL) that "Price discovered as per the Delisting Guidelines ("Discovered Price") is Rs.48/- per equity share of ESL, at which the maximum number of equity shares have been tendered under the book-building process. The Acquirer accepts the Discovered Price of Rs.48/- per equity share and has decided to offer the Discovered Price as the price for acquisition of the equity shar

Essar Steel Limited has informed the Exchange that: "The company has been informed by the Promoters (Essar Steel Holdings Ltd., Mauritius) that they have extended the Bid period of the Delisting offer of the Equity Shares of the Company to close on Wednesday, 3rd October 2007. Accordingly, the Bid Period will now close on Wednesday, 3rd October, 2007 instead of 28th September, 2007".

Essar Steel Limited has informed the Exchange regarding a public announcement ("PA") being issued by Essar Steel Holdings Limited (the "Acquirer"), which is a closely held public company, forming part of the Essar Group, Promoted by Ruia family, in respect of the proposed acquisition and delisting of the equity shares of Essar Steel Limited (the "Company") in accordance with the SEBI (Delisting of Securities) Guidelines, 2003 (the "Guidelines") issued by the Securities and Exchange Board of India ("SEBI"). Background of the Offer: The Company has an issued, subscribed and paid-up Equity capita

Essar Steel Limited has informed the Exchange that: "The Register of Members of the Company will remain closed from Thursday, September 27, 2007 to Friday, September 28, 2007 (both days inclusive) for the purpose of determining the members on the date of the Annual General Meeting of the company, to be held on Friday, September 28, 2007".

Essar Steel Limited has informed the Exchange that "The Board at its meeting held on January 29, 2007 has decided to obtain the consent of shareholders to delist the Equity Shares of the Company from Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd in terms of SEBI (Delisting of Securities) Guidelines 2003".

Essar Steel Limited has informed the Exchange that "We have received a letter dated January 25, 2007 from Essar Steel Holdings Limited ("ESHL") a major promoter shareholder of Essar Steel Limited intending to delist the shares of company from the Bombay Stock Exchange Limited and National Stock Exchange of India Limited. At present, ESHL together with Persons Acting in Concert (PAC) holds 992,586,994 equity shares aggregating to 87.08% of the total equity share capital of company. We have also been requested to convene a Board meeting of the Company to discuss the matter and obtain consent of

Essar Steel Limited has informed the Exchange that the Register of Members of the Company will remain closed from September 29,2006 to September 30,2006 (both days inclusive) for the purpose of determining the members on the date of the AGM of the company, to be held on September 30,2006.

Essar Steel Limited has submitted to the Exchange a copy of the Proceedings of the AGM of the company held on September 17, 2005.The company has further informed that they have received a letter from Vadodara Stock Exchange Ltd approving voluntary delisting of its shares from Vadodara Stock Exchange Ltd in terms of the resolution passed by the shareholders of Company at AGM held on August 07, 2004. A copy of the proceedings shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Essar Steel Limited has informed the Exchange that the Register of Members of the Company will remain closed from September 16, 2005 to September 17, 2005 (both days inclusive) for the purpose of determining the members on the date of the AGM of the Company, to be held on September 17, 2005.