MERCATOR

Mercator Lines Limited has informed the Exchange regarding a press release dated May 14, 2008, titled "Mercator Reports Close to 3-Fold Jump In Net Profit to Rs. 370 Crore, supported by Growing Fleet, Buoyant Shipping Demand and Firm Freight Rates in Dry Carriers Segment". 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_14052008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company at it meeting held on May 14, 2008, has interalia; approved the following: 1) Allotment of 7,31,124 equity shares Re.1/- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCBs) aggregating USD 1,000,000/- from bond holders; at a conversion price of Rs. 59/812. Consequently, the paid up capital of the Company has increased to 23,59,92,073 equity shares of Re.1/- each. With this conversion now there are 700 FCCB's outstanding of aggregate amount of USD 7,000,000/-

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 14, 2008 has recommended dividend @110% i.e. Rs. Rs.1.10/- per share on Equity Shares of Re.1/- each for the financial year ended on March 31, 2008.

Mercator Lines Limited has submitted to the Exchange a copy of an announcement in respect of financial statements for the year ended March 31, 2008, submitted by company's subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange. A copy of the same 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_UP_09052008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange regarding a news release, submitted by their subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange, dated May 07, 2008, titled "Mercator reports Three-Fold Jump in FY2008 Net Profit to US$52.2 Million, Supported by growing fleet and buoyant dry bulk shipping demand". A copy of the news 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_NR_07052008.zip target=NEW> For more deta

Mercator Lines Limited has informed the Exchange vide its letter dated April 29, 2008 that : "The committee of Board of Directors of the Company in its meeting held today, interalia has approved allotment of 3,65,562 equity shares of Re. 1/- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 500,000/- from bond holders; at a conversion price of Rs. 59/812. Consequently, the paid up capital of the company has increased to 23,52,60,949 equity shares of Re.1/- each. With this conversion, now there are 800 FCCB's Outstanding of aggregate amount of USD 8,000,00

Mercator Lines Limited has informed the Exchange regarding a copy of announcemet and news release both dated April 22, 2008 titled "Acquisition of Vessel - MV 'YK Taurus' and "Mercator Lines Acquires Second Geared Panamax vessel Since Listing". 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/Corporate Announcements).<a href=/content/corporate/Mercator_updates_24042008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has submitted to the Exchange a copy of an announcement submitted by company's subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange. A copy of the announcement dated April 08, 2008, titled "New Time Charter-IN of Vessel" 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_Updates_08042008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange that "The Company will publish Audited result for the year ended on 31st March 2008 within a period of 3 months from the end of the last quarter. Hence, the company will not be publishing unaudited results for the last quarter of the financial year 2007-08".

Mercator Lines Limited has submitted to the Exchange a copy of an announcement submitted by company's subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange. A copy of the announcement dated April 01, 2008, titled "Acquisition of Vessel - MV "YK TITAN"" 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_Updates_01042008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange vide its letter dated March 31, 2008 that "The Committee of Board of Directors of the Company in its meeting held today, interalia, has approved allotment 10,96,686 equity shares of Re.1/- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 1,500,000/- from bond holders; at a conversion price of Rs.59.812. Consequently, the paid up capital of the company has increased to 23,48,95,387 equity shares of Re.1/- each. With this conversion now there are 850 FCCB's outstanding of aggregating amount of USD 8,500,000/

Mercator Lines Limited has submitted to the Exchange a copy of an announcement submitted by company's subsidiary, Mercator Lines (Singapore) Ltd. to Singapore Stock Exchange. A copy of the announcement dated March 25, 2008, titled "New Time Charter-Out of Vessel" 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_Updates_25032008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange that " Credit Analysis & Research Ltd. (CARE) has reaffirmed 'CARE AA' (Double A) rating to all the outstanding secured redeemable Non Convertible Debentures (NCDs) issued by the Company as well as granted 'CARE AA' (Double A) rating to the long term borrowings of the company. CARE has also assigned 'PR1+' (PR One Plus) rating to the short term proposed facilities of the Company".

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on March 13,2008, interalia, have declared dividend @ Rs. 8/- per share on 8% Redeemable Cumulative Preference Shares of Rs. 100/- each for the financial year ending 31st March, 2008. The dividend shall be paid pro-rata upto 17th March 2008 ( being the date of final maturity of Preference Shares) to those members/deemed members whose name appeared in the Register of members/statement of beneficial ownership furnished by depositories at the end of business hours on March 12,2008.

Mercator Lines Limited has informed vide its letter dated February 22, 2008 that "The Company has today sold and delivered one of its 1986 built Aframax Tanker of DWT 100488".

Mercator Lines Limited has submitted to the Exchange a copy of a 'Corporate Presentation' of the Company. A copy of the same 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_UP_11022008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange that "The Equity Shares of the Company have been de-listed from Ahmedabad Stock Exchange Ltd. w.e.f. 5th February, 2008".

Mercator Lines Limited has informed the Exchange that "Ms. Supriya Joshi has resigned from the O/o Dy. Company Secretary & Compliance Officer w.e.f. 29th January 2008.

Mercator Lines Limited has informed the Exchange that Mercator Lines Limited one of India's leading shipping companies has performed well during the third quarter ended December 07 (Q3) of the FY 2007-08. The details 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_29012008.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange vide its letter dated January 28, 2008, that: "The Board of Directors of the Company in their meeting held today have approved following unanimously : i) further issue of capital by way of FCCBs / GDR / ADR / QIB in international / Indian market not exceeding USD 300 millions; ii) increase in authorized share capital by Rs. 15 Crores and consequential amendments to capital clauses of Memorandum and Articles of Association; iii) increase in borrowing power of the Board of Directors of the Company upto Rs. 10000 Crores; iv) increase in the limit o

Mercator Lines Limited has informed the Exchange vide its letter dated January 21, 2008, that: "The committee of Board of Directors of the Company in its meeting held today, interalia, has approved allotment of 36,04,441 equity shares of Re.1 /- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 4,930,000/- from bond holders at a conversion price of Rs.59/812. Consequently, the paid up capital of the company has increased to 23,37,98,701 equity shares of Re.1/- each. With this conversion, now there are 1000 FCCB's outstanding of aggregate amount of USD 10,

Mercator Lines Limited has informed the Exchange vide its letter dated January 08,2008 that "The Company has today acquired a 2007 built vessel (Dredger). This is third in its fleet".

Mercator Lines Limited has informed the Exchange that vide its letter dated December 21, 2007, that: "The committee of Board of Directors of the Company in its meeting held today, interalia, has approved allotment of 58,48,992 equity shares of Re.l /- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 8,000,000/- from bond holders at a conversion price of Rs.59/812. Consequently, the paid up capital of the company has increased to 23,01,94,260 equity shares of Re.1/- each. With this conversion, now there are 1493 FCCB's outstanding of aggregate amount of U

Mercator Lines Limited has informed the Exchange that "The formalities of the Initial Public Offering (IPO) have been completd by Mercator Lines (Singapore) Limited ("the Company") and the shares of the Company have been listed on the main board of Singapore Stock Exchange, Singapore with effect from December 14, 2007.

Mercator Lines Limited has informed the Exchange that "Mercator Lines (Singapore) Limited has allocated 270,191,126 Ordinary Shares at a price of S$0.76 per share for its initial public offering and further allocated 74,114,035 Ordinary Shares to the holders of Series A Convertible Bonds in consultation with the joint book runners of the IPO. The gross proceeds from the above issue to Mercator Lines (Singapore) Limited aggregates to USD 181.8 million, including USD 39 Million from ordinary shares allocated to Bondholders upon exercise of right to convert Series A, Convertible Bonds (USD 35 Mil

Mercator Lines Limited has informed the Exchange Vide its letter dated December 06, 2007 that "Further to our letter dated 30th October 2007, we have to inform you that our Singapore based subsidiary viz. Mercator Lines (Singapore) Ltd. has today registered with Monetary Authority of Singapore (MAS) a prospectus with respect to its IPO of 270,191,126 shares by way of an international offering to investors, including institutional and other investors in Singapore and an offering to the public in Singapore including Shares reserved for the directors, management, employees and business associates

Mercator Lines Limited has informed the Exchange vide its letter dated November 19, 2007, that: "The committee of Board of Directors of the Company in its meeting held today, interalia, has approved allotment of 1,462,248 equity shares of Re.l /- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 2,000,000/- from a bond holder at a conversion price of Rs.59/812. Consequently, the paid up capital of the company has increased to 22,43,45,268 equity shares of Re.1/- each. With this conversion, now there are 2293 FCCB's outstanding of aggregate amount of USD 2

Mercator Lines Limited has submitted to the Exchange a copy of the minutes of the Extra-Ordinary General Meeting of the members of the Company held on October 11, 2007. A copy of the same 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/MercatorLines_EGMMinutes.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange Vide its letter dated November 05, 2007 that "The committee of Board of Directors of the Company in its meeting held today, interalia, has approved allotment of 13,525,794 equity shares of Re.1/- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 18,500,000/- from bond holders at a conversion price of Rs.59/812. Consequently, the paid up capital of the company has increased to 22,28,83,022 equity shares of Re.1/- each. With this conversion, now there are 2493 FCCB's outstanding of aggregate amount of USD 24,

Mercator Lines Limited has informed the Exchange that : "One of our subsidiary 'Mercator Lines (Singapore) Pte. Ltd' proposes to issue fresh ordinary shares by way of Initial Public Offer (IPO) and list the shares on Singapore Stock Exchange. The said subsidiary is being converted into Public Ltd. Company and consequently changing its name to 'Mercator Lines (Singapore) Ltd' ("MLSL"). The subsidiary has strengthened its Board by appointing four additional Directors Mr H.K. Mittal, Mr. Atul J. Agarwal, Mr. John Walter Sinders Jr., and Mr. Huang Yuan Chiang. MLSL has received approval of Eligibi

Mercator Lines Limited has informed the Exchange vide its letter dated October 25, 2007 that : "The committee of Board of Directors of the Company in its meeting held today, interalia, has approved allotment of following securities : 1) 12,114,728 equity shares of Re. 1/- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 16,570,000/- from bond holders at a conversion price of Rs. 59/812. Consequently, the paid up capital of the company has increased to 20,93,57,226 equity shares of Re. 1/- each. With this conversion, now there are 4343 FCCB's outstanding

Mercator Lines Limited has submitted to the Exchange a copy of Minutes of Annual General Meeting of the members of the Company held on September 26, 2007. A copy of the same 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_AGM_18102007.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange vide its letter dated October 11, 2007 that: "The members of the Company in the Extra-Ordinary General Meeting held today; have unanimously approved; Issue of upto 2,85,00,000 warrants carrying entitlement /option to apply for equal number of equity shares on preferential basis to Mrs. Archana Harish Kumar Mittal, the promoter of the Company, in accordance with SEBI Guidelines for preferential issue."

Mercator Lines Limited has submitted to the Exchange a copy of the Outcome of the Annual General Meeting held on September 26, 2007 and of the Chairman's Speech delivered at the said Annual General Meeting. 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/Corporate Announcements).<a href=/content/corporate/MLL_OutcomeAGM.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange vide its letter dated September 20, 2007 that the Company has today acquired a 2006 built vessel (Dredger). This is second in its fleet.

Mercator Lines Limited has submitted to the Exchange a copy of Notice convening Extra-Ordinary General Meeting of the Company on October 11, 2007. A copy of the same 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/MercatorLines_EGMNotice.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 26, 2007.

Mercator Lines Limited has informed the Exchange vide their letter dated September 13, 2007, that: "The Board of Directors of the Company at its meeting held today, has interalia; approved the following: 1) Issue of up to 2,85,00,000 warrants carrying entitlement/option to apply for equal number of equity shares on preferential basis to Mrs. Archana H. Mittal, Promoter of the Company; in accordance with SEBI Guidelines for preferential issue. 2) Convening of Extra-Ordinary General Meeting of the Members of the Company on 11th October 2007, to seek approval of the members for the above matter".

Mercator Lines Limited has informed the Exchange that the Company has announced Book Closure from September 14, 2007 to September 26, 2007 for the purpose of Annual Closure and for deciding entitlement for payment of Dividend @ 100% on paid-up share capital for the financial year ended on March 31, 2007 recommended at the Board Meeting held on June 29, 2007.

Mercator Lines Limited has submitted to the Exchange the details of shareholding of Mr.Nitin Kolhatkar ; officer of the Company, in prescribed format.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/Corporate Announcements).<a href=/content/corporate/MLL_Reg.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange on August 08, 2007 that: "the Company has today acquired a 2006 built vessel (Dredger)".

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 30, 2007 approved the following: (1)Allotment of 32,00,000 Equity Shares of Re.1/ each for cash at a price of Rs.137/50 per share (Inclusive of premium of Rs.136/50 per share) to AHM Investments Pvt. Ltd.; the Promoter's Group Company, in lieu of exercise of option attached to the Warrant issued to them in accordance with special resolutions passed by the shareholders of the Company in their Extra-Ordinary General Meeting held on January 17, 2006 and SEBI Guidelines on prefer

Mercator Lines Limited had informed the Exchange regarding execution of MOA by their Singapore based subsidiary for acquisition of 4 nos. dry bulk vessels of about 305,000 in aggregate. The Company has now informed the Exchange that: "Said subsidiary Mercator Lines (Singapore) Pte. Ltd. has taken delivery of new built panamax vessel of 74,456 DWT. With this the Subsidiary has concluded its acquisition of above mentioned four vessels successfully. All the vessels have been deployed gainfully since their respective acquisitions".

Mercator Lines Limited had informed the Exchange regarding execution of MOA through their Singapore based subsidiary for acquisition of 2 nos. dry bulk vessels of about DWT 84,000 each. The Company has now informed the Exchange that: "Said subsidiary Mercator Lines (Singapore) Pte. Ltd. has taken delivery of the 2nd 2006 built kamsarmax vessel of 82,273 DWT".

Mercator Lines Limited had informed the Exchange regarding execution of MOA by the Company's Singapore based subsidiary for acquisition of 4 nos. dry bulk vessels of about 305,000 in aggregate. Further the Company has now informed that said subsidiary Mercator Lines (Singapore) Pte. Ltd. has taken delivery of one of such 2006 built panamex vessel of 74,444 DWT.

Mercator Lines Limited has informed the Exchange regarding a press release titled "Mercator Lines reports higher Income for Y.E. March 2007; Recommends 100% Dividend". 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_020707.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has submitted to the Exchange a copy of Statement of Appropriation for the year ended on March 31, 2007. 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/Corporate Announcements).<a href=/content/corporate/MLL_Clause20.zip target=NEW> For more details click here.</a>

Mercator Lines Limited has informed the Exchange that the Board of Directors at their meeting held on June 29, 2007 has recommended a proposal for voluntary delisting of Equity Shares of the Company from Ahmedabad Stock Exchange Limited for approval of members at the ensuing Annual General Meeting.

Mercator Lines Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 29, 2007 has recommended dividend @ 100% i.e. Rs.1/- per share on 18,92,42,500 Equity Shares of Rs.1/- each for the financial year ended on March 31, 2007.

Mercator Lines Limited had informed the Exchange regarding execution of MOA (Memorandum of Agreement) by Company's Singapore based subsidiary for acquisition of 4 nos. dry bulk vessels of about 305,000 in aggregate. The company has now informed the Exchange that: "The said subsidiary Mercator Lines (Singapore) Pte. Ltd. has today (June 12, 2007) taken delivery of one of such 2005 built panamax vessel of 73,901 DWT".