IGFLFERT

Indo Gulf Fertilisers Limited has informed the Exchange that The Pradeshiya Industrial and Investment Corporation of U.P. Ltd.has sold 11,10,085 shares (Pledged shares invoked by Industrial Development Bank of India under financial arrangement) aggregating to 2.46% of the total share capital of Indo Gulf Fertilisers Limited .The mode of sale is off Market and the shareholding of The Pradeshiya Industrial and Investment Corporation of U.P. Ltd after the said sale is 14,149 shares aggregating to 0.03% of the total share capital of Indo Gulf Fertilisers Limited.

Indo Gulf Fertilisers Limited has informed the Exchange that Life Insurance Corporation of India Ltd. has acquired 58,179 shares aggregating to 0.12% of the share capital of Indo Gulf Fertilisers Limited on March 11, 2005. The mode of acquisition is through Open Market and the shareholding of Life Insurance Corporation of India Ltd. after the said acquisition is 22,70,356 shares aggregating to 5.03% of the share capital of Indo Gulf Fertilisers Limited.

Indo Gulf Fertilisers Limited had informed the Exchange regarding disposal of 4,05,346 equity shares of the company by the Pradeshiya Industrial and Investment Corporation of U.P. Ltd.(PICUP),consequent upon invocation of pledge by Dena Bank under a financial arrangement entered into between PICUP and Dena Bank. The company now informed the Exchange that they have been informed by PICUP that out of the abovesaid equity shares of the company, Dena Bank had, subsequent to the execution of sale of 3,91,197 equity shares towards adjustment of their outstanding dues,released the balance 14,149 equi

Indo Gulf Fertilisers Limited has informed the Exchange that TGS Investment & Trade Pvt. Ltd. have acquired: a)8.96,392 equity shares amounting to 1.99% of the total voting rights of Indo Gulf Fertilisers Limited(IGFL)on various dates.The mode of acquisition is by way of market purchase. b)21,14,568 equity shares from The Pradeshiya Industrial & Investment Corporation of U.P. Limited on December 20,2004 amounting to 4.69% of the total voting rights of Indo Gulf Fertilisers Limited(IGFL).The mode of acquisition is by way of off market trade. The shareholding of TGS Investment & Trade Pvt. Ltd.

Indo Gulf Fertilisers Limited has informed the Exchange that The Pradeshiya Industrial & Investment Corporation of U.P. Ltd. have sold 21,14,568 equity shares amounting to 4.69% of shares of Indo Gulf Fertilisers Limited(IGFL). The shareholding of The Pradeshiya Industrial & Investment Corporation of U.P. Ltd after the said sale is 11,10,085 shares amounting to 2.46% of shares of the company.

Indo Gulf Fertilisers Limited has informed the Exchange that The Pradeshiya Industrial & Investment Corporation of U.P. Ltd. (PICUP) have sold 4,05,346* equity shares amounting to 0.90% of the total share capital of Indo Gulf Fertilisers Limited(IGFL) on December 20,2004. The shareholding of The Pradeshiya Industrial & Investment Corporation of U.P. Ltd. after the said sale is 32,24,653 shares amounting to 7.15% of the total share capital of the company. *Pledged Shares invoked by Dena Bank under Financial arrangement.