JINDALIRON

: Members of the Exchange are hereby informed that the trading in equity shares of Jindal Iron & Steel Co. Ltd. shall be suspended w.e.f February 18, 2005 (i.e. closing hours of February 17, 2005) on account of Scheme of Arrangement and Amalgamation between Jindal Iron & Steel Company Ltd., Jindal South West Holdings Ltd., and Jindal Vijayanagar Steel Ltd.

Clarification of News : The press had reports on April 15, 2004 that the promoters of Jindal Iron & Steel Co. Limited have pledged shares to seek CDR nod. 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. Jindal Iron & Steel Co. Limited has vide its letter inter-alia stated, "Corporate Debt Restructuring Cell (CDR) vide their letter Ref.No.CDR/591, dated 24.2.2003, accorded their approval to the financial restructuri