KIRLOSOIL

Kirloskar Systems Limited has informed the Exchange that they propose to acquire 69,70,000 shares aggregating to 7.18% of the shares/voting rights of Kirloskar Oil Engines Ltd. from Better Value Holdings Private Limited (It holds 1,30,90,800 i.e. 13.48% shares of Kirloskar Oil Engines Ltd before transfer). The mode of proposed acquisition is by way of interse transfer of shares amongst group through stock exchange and the date of proposed acquisition is between March 06, 2006 to March 14, 2006 through Stock Exchange. The proposed acquisition price per share is market price as on the proposed d

Kirloskar Oil Engines Ltd. has informed the Exchange that at the meeting held on January 30, 2006 the Directors have declared an Interim Dividend @ 100% on the Equity Shares of the Company for the Year 2005-2006 i.e Rs.2 per Equity Shares of Rs. 2 each, and shall be paid through Electronic Clearing Systems (ECS) or vide dividend warrants, as the case may be. The date of the payment of Interim Dividend will be February 27, 2006.

Kirloskar Oil Engines Ltd. has informed the Exchange that the Company has fixed February 16, 2006 as the record date for the purpose of Interim dividend for the financial year 2005-2006.

Kirloskar Oil Engines Ltd. has informed the Exchange that the BODs in its meeting held on October 21, 2005 has designated Mr. Sanjay D. Parande, who has been working as the Company's Vice President - Corporate Finance, as the "Chief Financial Officer" (CFO) of the Company with immediate effect.

Kirloskar Oil Engines Ltd. has informed the Exchange that Mr. A. N. Alawani has ceased to be a whole time director of the Company w.e.f. September 01, 2005.

Kirloskar Oil Engines Ltd. has submitted to the Exchange a copy of letter sent to shareholders intimating about issue of shares of Rs.2 on subdivision of shares or direct credit to demat account. 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).

Kirloskar Oil Engines Ltd. has submitted to the Exchange a copy of the proceeding of the AGM for the year 2004-05 held on July 15, 2005. 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).

Kirloskar Oil Engines Ltd. has informed the Exchange that the aggregate shareholding of the Company in Cummins India Ltd. was 63,74,448 equity shares. On August 12, 2005, out of 63,74,488 equity shares the Company sold 63,74,000 equity shares of Rs.2 each.

Kirloskar Oil Engines Ltd. has submitted to the Exchange copies of the following: (i) Notices published u/s 154 of the Companies Act, 1956 regarding sub-division of equity share of Rs.10 each into five equity shares of Rs.2 each. (ii) Letter sent to the shareholders informing them about sub-division of equity shares. Copies 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).

Kirloskar Oil Engines Ltd. has informed the Exchange that the Company has fixed August 18, 2005 as the record date for the purpose of Sub-Division of equity share of Rs.10/- each fully paid-up into 5 equity shares of Rs. 2/- each fully paid-up.

Kirloskar Oil Engines Ltd. has informed the Exchange that the dividend of 75% as declared at the board meeting held on April 29, 2005, if declared by the members of the company in the AGM of the company to be held on July 15, 2005, shall be paid through Electronic Clearance System (ECS) or vide dividend warrants, as the case may be, on July 21, 2005.

Kirloskar Oil Engines Ltd. has submitted the Exchange a copy of the Notice of the AGM of the Company to be held on July 15, 2005 . A copy of the Notice of AGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Kirloskar Oil Engines Ltd. has informed the Exchange that at the Board Meeting held on April 29, 2005: 1) The Directors have recommended final dividend @ 75% on the Equity Shares of the Company for the year 2004-05. 2) The Register of Members and the Share Transfer Books of the Company will remain closed from July 5, 2005 to July 15, 2005, (both days inclusive) for the purpose of declaration of final dividend at the AGM. 3) The BODs has decided to introduce an Employee Stock Option Scheme (ESOP), which shall be in conformity with the relevant Securities and Exchange Board of India (SEBI) Regul

Kirloskar Oil Engines Ltd. has informed the Exchange that the BOD's of the Company have co-opted Mr. R Srinivasan as an additional director of the company.

Kirloskar Oil Engines Ltd. has informed the Exchange that Better Value Holdings Pvt. Ltd. have acquired 243,686 shares amounting to 1.25% of the paid up capital of Kirloskar Oil Engines Ltd. The mode of acquisition is through Interse acquisition and the date of acquisition is October 28, 2004. The shareholding of Better Value Holdings Pvt. Ltd. after the said acquisition is 26,18,160 shares amounting to 13.48% of the paid up capital of Kirloskar Oil Engines Ltd.

Kirloskar Oil Engines Ltd. has informed the Exchange that the interim dividend of 50% on the equity shares of the company i.e. Rs.5 per equity share of Rs.10 each,aggregating to Rs.9,70,86,190/-declared by the BOD at their meeting held on October 25,2004,shall be paid through Electronic Clearing System or vide dividend warrants,as the case may be,on November 20,2004.

Better Value Holdings Pvt. Ltd. has informed the Exchange that they have acquired 243686 shares amounting to 1.25% of the paid up capital of Kirloskar Oil Engines Ltd. The shareholding of Better Value Holdings Pvt. Ltd. after the said acquisition is 2618160 shares amounting to 13.48% of the paid up capital of Kirloskar Oil Engines Ltd. The mode of acquisition is through off market purchase - Interse transfer of shares amongst Group - Regulation 3(1)(e)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. The date of acquisition is October 28, 2004.

Kirloskar Oil Engines Ltd. has informed the Exchange that at the Board Meeting held on October 25, 2004, the Directors have recommended interim dividend @50% on the equity shares of the company for the year 2004-05. The Record Date for Interim Dividend will be November 10, 2004.