INDIABULLS

Indiabulls Financial Services Limited has informed the Exchange the details of fully paid up Equity Shares purchased by the Company upto January 23, 2006 pursuant to the 'Public Announcement' made by the Company in accordance with the Regulation 15(i) of the SEBI (Buy Back of Securities) Regulations, 1998 as follows: Details of purchases: (1) Date of Purchase: January 23, 2006; (2) No. of equity shares purchased: Nil. Cumulative Nos. of shares purchased till date : 18,13,696. The Company has further informed that, as against the maximum permissible limit of Rs.38 crore, towards buy-back of sha

Indiabulls Financial Services Limited has informed the Exchange the details of fully paid up Equity Shares bought back by the Company on January 20, 2006 pursuant to the 'Public Announcement' made by the Company in accordance with the Regulation 15(i) of the SEBI (Buy Back of Securities) Regulations, 1998 as follows: Details of purchases: (1) Date of Purchase: January 20, 2006; (2) No. of equity shares bought: BSE: 4,00,250; NSE: 4,25,000. Total: 8,25,250. Cumulative number of shares bought back till date : 18,13,696.

Indiabulls Financial Services Limited has informed the Exchange the details of fully paid up Equity Shares bought back by the Company on January 19, 2006 pursuant to the 'Public Announcement' made by the Company in accordance with the Regulation 15(i) of the SEBI (Buy Back of Securities) Regulations, 1998 as follows: Details of purchases: (1) Date of Purchase: January 19, 2006; (2) No. of equity shares bought: BSE: 47,214; NSE: 1,41,232. Total: 1,88,446. Cumulative number of shares bought back till date : 9,88,446

Indiabulls Financial Services Limited has informed the Exchange the details of fully paid up Equity Shares bought back by the Company on January 18, 2006 pursuant to the 'Public Announcement' made by the Company in accordance with the Regulation 15(i) of the SEBI (Buy Back of Securities) Regulations, 1998 as follows: Details of purchases: (1) Date of Purchase: January 18, 2006; (2) No. of equity shares bought : BSE: 2,50,000; NSE: 5,50,000. Total: 8,00,000.

Indiabulls Financial Services Limited has informed the Exchange the details of fully paid up Equity Shares bought back by the Company on January 17, 2006 pursuant to the 'Public Announcement' made by the Company in accordance with the Regulation 15(i) of the SEBI (Buy Back of Securities) Regulations, 1998 as follows: (1) Date of Purchase: January 17, 2006; (2) No. of equity shares bought : NIL; (3) Average price per share: N.A.; (4) Total amount (Rs. in million): N.A.

Indiabulls Financial Services Limited has informed the Exchange the details of fully paid up Equity Shares bought back by the Company on January 16, 2006 (being the date of commencement of the Buy-back) pursuant to the 'Public Announcement' made by the Company in accordance with the Regulation 15(i) of the SEBI (Buy Back of Securities) Regulations, 1998 as follows: (1) Date of Purchase: January 16, 2006; (2) No. of equity shares bought : NIL; (3) Average price per share: N.A.; (4) Total amount (Rs. in million): N.A.

JM Morgan Stanley Private Limited, Manager to the buy back of fully paid-up equity shares by Indiabulls Financial Services Limited has informed the Exchange regarding the public announcement made by Indiabulls Financial Services Limited("Indiabulls" or the "Company") for the buyback("Buy-back") of its fully paid-up equity shares of face value of Rs.2/- each("Shares") from the existing owners of the Shares from the open market using the electronic trading facilities of the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE"),in accordance with the provi

The date of opening of the Buyback is December 09, 2005 and last date for the Buyback is November 17,2006(12 months from the date of the Board Resolution)or such earlier date as may be determined by the board, even if the maximum limit of Buyback of shares has not been reached ,by giving appropriate notice for such earlier date, if any, whichever is earlier from the date of passing of this Board Resolution. The details of the public announcement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate

JM Morgan Stanley Private Limited has informed the Exchange that they have been appointed by Indiabulls Financial Services Limited("Indiabulls")as Manager to the buy back of fully paid-up equity shares by Indiabulls Financial Services Limited. Further,JM Morgan Stanley Private Limited has submitted a public notice published on November 19,2005 in terms of Regulation 5A(1)(A) of SEBI(Buy-back of Securities)Regulations,1998 . The details of the public notice are as follows: The BODs of Indiabulls Financial Services Limited("Indiabulls" or the "Company") at its meeting held on November 18,2005 ap

The buyback is expected to be completed within the statutory validity period of the resolution dated Nov 18,2005 passed by the BODs which at present is twelve months from the date of passing of the said resolution. The details of the public announcement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Indiabulls Financial Services Limited has submitted to the Exchange a copy of the resolution passed by the Board of Directors of the Company on November 18, 2005 approving the buyback of Company's fully paid-up equity shares of Rs. 2 each using "Open Market" purchase through stock exchanges. 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).

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on November 18, 2005, has approved the proposal for the buy back of equity shares of Rs. 2 each of the Company, to the extent of or less than 10% of the paid-up equity capital and free reserves of the Company, from the open market through the stock exchange route, at a price not exceeding Rs. 210/- per share, payable in cash, upto an amount not exceeding Rs. 380 Million.

Indiabulls Financial Services Limited has informed the Exchange that the AGM of the Members of the Company is scheduled to be held on July 26, 2005 and for the purpose of AGM the Register of Members and Share Transfer Books shall remain closed during the period from July 22, 2005 to July 26, 2005 (both days inclusive).