MERCATOR

Mercator Lines Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2011 as follows: Net Sales of Rs. 12415.14 lacs for quarter ending on 30-JUN-2011. Net Profit / (Loss) of Rs. (2845.22) lacs for the quarter ending on 30-JUN-2011.

Mercator Lines Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2011 as follows: Net Sales of Rs. 33047.55 lacs for quarter ending on 30-JUN-2011. Net Profit / (Loss) of Rs. 1473.02 lacs for the quarter ending on 30-JUN-2011.

Mercator Lines Limited has informed the Exchange regarding the details as per requirement of clause 20 of the Listing Agreement.

Mercator Lines Limited has informed the Exchange regarding a press release dated May 28, 2011, titled "Mercator Reports announces audited results for the year ended March 2011".

Mercator Lines Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2011.

Mercator Lines Limited had informed the Exchange regarding signing of 7 year contract to charter out Floating Production Unit to M/s Afren PLC, UK at their EBOK field in Nigeria; through company subsidiary in Singapore. The Company has now informed that the Company successfully commissioned the Floating Production Unit (oil production has started). The commisiong of the contract will substantially add to the consolidated revenues of the group over a period of 7 years.

Mercator Lines Limited has informed the Exchange that the Company will publish Audited financial results for the year ended March 31, 2011 within a period of 60 days from the end of the last quarter. Hence, the Company will not be publishing unaudited financial results for the last quarter of the financial year 2010-11.

Mercator Lines Limited had informed the Exchange that Mercator Offshore Ltd.; a Singapore based step-down subsidiary of Mercator Lines Ltd., has entered into a Memorandum of Agreement to sell its 350 feet jack-up Rig with scheduled delivery in Q4 of Financial year 2011. The Company has now informed the Exchange that MOL has delivered the Rig to the buyer in Singapore.

Mercator Lines Limited has informed the Exchange regarding a press release dated February 12, 2011, titled "Mercator Reports Higher Income and Net Profit for Nine Months Ended Dec 2010".

Mercator Lines Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended December 31,2010.

Mercator Lines Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2010 as follows: Net Sales of Rs. 15117.92 lacs for quarter ending on 31-DEC-2010 against Rs. 17346.67 lacs for the quarter ending on 30-SEP-2010. Net Profit / (Loss) of Rs. (5270.68) lacs for the quarter ending on 31-DEC-2010 against Rs. 59.16 lacs for the quarter ending on 30-SEP-2010.

Mercator Lines Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2010 as follows: Net Sales of Rs. 37345.51 lacs for quarter ending on 31-DEC-2010 against Rs. 39700.41 lacs for the quarter ending on 30-SEP-2010. Net Profit / (Loss) of Rs. 155.56 lacs for the quarter ending on 31-DEC-2010 against Rs. 5152.83 lacs for the quarter ending on 30-SEP-2010.

IDBI Trusteeship Services Limited has submitted to the Exchange a Copy of disclosure pursuant to Regulation 7(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 in relation to pledge of shares of Mercator Lines Limited.

Mercator Lines Limited has informed the Exchange that Mercator Offshore Ltd.; a Singapore based step-down subsidiary of Mercator Lines Ltd., has entered into a Memorandum of Agreement to sell its 350 feet jack-up Rig with scheduled delivery in Q4 of Financial year 2011.

Mercator Lines Limited has informed the Exchange that the committee of the Board of Directors of the Company in its meeting held on January 13, 2011, approved allotment of 89,00,000 equity shares of Re. 1/- each for cash at a price of Rs 55/- to promoters in lieu of conversion of warrants allotted to them in accordance with special resolution passed by the shareholders of the Company in their Extra Ordinary General Meeting held on October 28, 2010 and Chapter VII of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009, for preferential issue. With this, the issued, subscribed a

Mercator Lines Limited has submitted to the Exchange a copy of the minutes of the Extra-ordianry General Meeting of the members of the Company held on October 28, 2010.

Mercator Lines Limited has informed the Exchange that the Company has received applications in respect of balance 21,10,000 warrants. The Committee of Board of Directors of the Company in its meeting held on November 12, 2010, has approved in second tranche, allotment of 21,10,000 warrants to the Promoters / Person Acting in Concert with them / Non-Promoter Directors / entities controlled by them, on preferential basis, each warrant having face value of Rs.13.75 per warrant i.e. 25% of Rs.55 being price at which shares will be allotted on exercise of option attached to the said warrants in acc

Mercator Lines Limited has informed the Exchange that the Company has received applications in respect of 2,56,70,000 warrants and accordingly, the Committee of Board of Directors of the Company in its meeting held on November 09,2010 has approved in first trench, aIlotment of 2,56,70,000 warrants to the Promoters / Person Acting in Concert with them / Non-Promoter Directors / entities controlled by them, on preferential basis, each warrant having face value of Rs.13.75 per warrant i.e. 25% of Rs. 55 being price at which shares will be allotted on exercise of option attached to the said warran

Mercator Lines Limited had informed the Exchange regarding the approval by the members of the Company to the issue of 2,77,80,000 warrants carrying a right to subscribe to equal number of equity shares of Re.1/- each of the Company on preferential basis, to the Promoters / Person Acting in concert with them / Non-promoter Directors / entities controlled by them. The Company further has informed that subsequently, the Board of Directors of the Company in its meeting held on October 28, 2010, interalia, have approved the issue and fixed the pricing of the warrant as of the face value of Rs. 13.7

Mercator Lines Limited has informed the Exchange regarding a press release dated October 28, 2010, titled "Mercator Reports Higher Income and Net Profit for Half Year Ended Sep 2010 (i.e. H1 FY'11)".

Mercator Lines Limited has informed the Exchange regarding the outcome of Extra-Ordinary General Meeting held on October 28, 2010 along with Chairman's Speech.

Mercator Lines Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 39700.41 lacs for quarter ending on 30-SEP-2010 against Rs. 37021.2 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 5152.83 lacs for the quarter ending on 30-SEP-2010 against Rs. 6169.62 lacs for the quarter ending on 30-JUN-2010.

Mercator Lines Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended September 30,2010.

Mercator Lines Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 17346.67 lacs for quarter ending on 30-SEP-2010 against Rs. 14811.87 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 59.16 lacs for the quarter ending on 30-SEP-2010 against Rs. 410.16 lacs for the quarter ending on 30-JUN-2010.

Mercator Lines Limited has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the members of the Company scheduled to be held on October 28, 2010.

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on September 30,2010 has approved inter alia following: (i) Issue of upto 2,77,80,000 warrants carrying a right to subscribe to equal number of equity shares of Re. 1/- each of the Company on preferential basis, to the Promoters / entity(ies) controlled by or related to them; and Non-Promoter Directors and entity(ies) controlled by or related to them, under the provisions of Chapter VII of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009; (ii) Setting up of Mercato

Mercator Lines Limited has submitted to the Exchange a copy of the Minutes of the Annual General Meeting of the members of the Company held on September 07, 2010.

Mercator Lines Limited has informed the Exchange that the members of the Company in their Annual General Meeting held on September 07, 2010 have approved following unanimously: (1) Adoption of the Audited Balance Sheet as at March 31, 2010, the Audited Profit and Loss Account for the year ended on that date, together with the Reports of the Board of Directors and Auditors thereon, standalone as well as consolidated. (2) Declaration of dividend @ Re. 0.20/- on equity shares of Re. 1/- each.(3) Re-appointment of Mr. Manohar Bidaye as Director of the Company. (4) Re-appointment of M/s. Contractor

Mercator Lines Limited has informed the Exchange that the Annual General Meeting of the members of the Company will be held on September 07, 2010.

Mercator Lines Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from September 01, 2010 to September 07, 2010 (both days inclusive) for the purpose of Annual Closure and for deciding the entitlement for payment of Dividend @ Re. 0.20 per share on equity shares of Re. 1/- each i.e. 20% for the financial year ended March 31, 2010 as recommended at the Board Meeting held on May 25, 2010.

Mercator Lines Limited has informed the Exchange that: "The Company has taken delivery of a 1994 built Aframax vessel of 90,607 DWT".

Mercator Lines Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2010 as follows: Net Sales of Rs. 14811.87 lacs for quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 410.16 lacs for the quarter ending on 30-JUN-2010.

Mercator Lines Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2010 as follows: Net Sales of Rs. 37021.2 lacs for quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 6169.62 lacs for the quarter ending on 30-JUN-2010.

Mercator Lines Limited has informed the Exchange regarding a press release vide its letter dated July 31, 2010, titled "Mercator Reports Higher Income and Net Profit for Q1 FY11 Ended June 2010".

Mercator Lines Limited has submitted to the Exchange a copy of the Statement of Appropriation for the year ended on March 31, 2010, pursuant to Clause 20 of the Listing Agreement.

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2010 interalia, approved the following: Reappointments of Mr. H. K. Mittal as Executive Chairman and Mr. Atul Agarwal as Managing Director of the Company for a period of three years w.e.f. August 01, 2010, after ending their present tenure.

Mercator Lines Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 143130.36 lacs for year ending on 31-MAR-2010 against Rs. 213359.98 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 5323.91 lacs for the year ending on 31-MAR-2010 against Rs. 37645.3 lacs for the year ending on 31-MAR-2009.

Mercator Lines Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 57628.7 lacs for year ending on 31-MAR-2010 against Rs. 113770.02 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 639.57 lacs for the year ending on 31-MAR-2010 against Rs. 18110.2 lacs for the year ending on 31-MAR-2009.

Mercator Lines Limited has informed the Exchange that the Board of Direcotrs of the Company at its meeting held on May 25, 2010 has recommended dividend @ 20% i.e. Re 0.20/- per share on equity shares of Re. 1/- each for the financial year ended on March 31, 2010.

Mercator Lines Limited has informed the Exchange regarding a press release dated May 12, 2010, pertaining to "The Company's Singapore based subsidiary, Mercator Lines (Singapore) Ltd. (MLS), which is listed on main board of Singapore Stock Exchange has won the Singapore Corporate Award (SCA) Best Annual Report Award (Bronze) for 2009 in the "$300 million to less than $1 billion market capitalization" category".

Mercator Lines Limited has informed the Exchange that the Company had originally issued 1.5%, Foreign Currency Convertible Bonds (FCCBs) aggregating US$ 60 million in the year 2005 which were listed on Singapore Stock Exchange (SGX). Out of the same, Bonds of aggregate amount of US$ 53 million were converted into equity shares pursuant to options exercised by the Bond holders. Further the Company has now informed the Exchange that the Company has redeemed the entire outstanding FCCBs of US$ 7 million on maturity on April 27, 2010.

Mercator Lines Limited has informed the Exchange that : "The Company will publish Audited financial results for the year ended 31st March, 2010 within a period of 60 days from the end of the last quarter. Hence, the Company will not be publishing unaudited financial results for the last quarter of the financial year 2009-10".

Mercator Lines Limited has informed the Exchange regarding a press release dated March 12, 2010, titled " Mercator Lines Acquires Vessels ". A copy of the press release shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/mercator_pr_12032010.zip target=NEW> For more details click here.</a>

Mercator Lines Limited had informed the Exchange that the Company has taken delivery of a 1993 built M.R. Tanker of 42,235 DWT.

Mercator Lines Limited has informed the Exchange that the Company has executed a Memorandum of Agreement to acquire a 1993 built M.R. Tanker of about 42,235 DWT. The same is expected to join the fleet of the Company by end of February 2010.

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 30, 2010, has interalia; approved following: (1) Appointment of Mr.Kapil Garg as an Additional Director of the Company: Mr.Kapil Garg aged 44 years is a graduate in Chemical Engineering from the Indian Institute of Technology, Roorkee. Mr.Garg has over twenty years of intensive management experience in both upstream and downstream businesses with companies, such as ONGC, Enron Oil and Gas India Ltd. (EOGIL), British Gas, located in India and abroad; (2) Appointment of Ms.S

Mercator Lines Limited has informed the Exchange regarding a press release, dated January 30, 2010 titled "Mercator Lines Limited reports a consolidated Revenue of Rs.1332 cr and Net Profit of Rs.43.59 cr. for Nine Months ended December 2009". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/MLL_pr_01022010.ZIP target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 13314.4 lacs for quarter ending on 31-DEC-2009 against Rs. 13047.52 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 565.81 lacs for the quarter ending on 31-DEC-2009 against Rs. (2919.4) lacs for the quarter ending on 30-SEP-2009.

Mercator Lines Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 32354.19 lacs for quarter ending on 31-DEC-2009 against Rs. 34471.42 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 100.33 lacs for the quarter ending on 31-DEC-2009 against Rs. (189.67) lacs for the quarter ending on 30-SEP-2009.

Mercator Lines Limited has informed the Exchange that "Credit Analysis & Research Ltd. (CARE) has revised the rating for long term borrowing of the Company to 'CARE AA- (Double A Minus)' from CARE AA (Double A). The instruments with this rating are considered to offer high safety for timely servicing of debt obligations. The rating for Short term borrowing has been reaffirmed at PR1+ (PR One Plus). The instruments with this rating would have strong capacity for timely payment of short-term debt obligations".