JINDVIJSTL

Jindal Vijayanagar Steel Ltd has informed the Exchange that February 28, 2005 has been fixed as the Record date for: (a) the purpose of reorganization of equity share capital of the Company as provided in the Scheme of Arrangement & Amalgamation between the Company, Jindal Iron & Steel Co. Ltd., (JISCO) & Jindal South West Holdings Ltd. ((JSWHL) and their respective members and creditors, sanctioned by the High Court of Judicature at Bombay and Karnataka High Court (the Scheme). (b) Payment of arrears of Preference dividend on 10% Cumulative Redeemable Preference shares (CRPS) and, (c) Payment

Jindal Vijayanagar Steel Ltd has informed the Exchange that the book closure dates earlier fixed from December 29, 2004 to December 30, 2004 (both days inclusive) for the purpose of the AGM of the Company scheduled on December 30, 2004, stands cancelled. The revised dates of book closure for the purpose of the said AGM shall be for the period commencing from November 25, 2004 to November 26, 2004 (both days inclusive).

Jindal Vijayanagar Steel Ltd has informed the Exchange that the BoD have at their meeting held on October 26, 2004, fixed : a) the date of the AGM of the Company on December 30, 2004 and : b) the dates of Book Closure for the purpose of the said AGM on December 29, 2004 to December 30, 2004 (both days inclusive).