ORIENTBANK

Oriental Bank Of Commerce has informed the Exchange that the Bank, in consultation with all the Book Running Lead Managers to the Issue, has fixed the Issue Price at Rs.250 per share.

Oriental Bank Of Commerce has informed the Exchange that Sh. Rattan Bansal, appointed by the Central Govt., on April 24, 2002 as Chartered Accountant Director on the Board of the Bank, has retired from the office of Director on April 23, 2005.

Oriental Bank Of Commerce has informed the Exchange that a meeting has been held with all the Book Running Lead Managers of the Issue. The Bank in consultation with the Lead Managers has decided to fix Rs. 235/-(Floor Price) to Rs. 260/- (Cap Price) as the price band for the proposed issue of shares.The minimum bid quantity has been fixed as 25 shares.

Oriental Bank Of Commerce has informed the Exchange that the public issue of 5.80 Crore equity shares of the bank on book building process, shall open on April 25,2005 and close on April 29,2005.The Bank has further informed that the price band shall be decided atleast 1 day before opening of the issue.

Oriental Bank Of Commerce has informed the Exchange that the Bank has fixed April 13, 2005 as the "Specified Date" to determine the eligibility of the Existing Shareholders to subscribe for the Shareholders Reservation Portion in the forthcoming Public Issue of 5,80,00,000 equity shares of the Bank. A reservation of 10% of the issue (i.e., 58,00,000 shares) has been proposed for the Existing Shareholders of the bank as on the above date, who hold Equity shares of the value upto Rs.1,00,000 which will be determined on the basis of the closing price of equity shares in National Stock Exchange o

Oriental Bank Of Commerce has submitted the minutes of the EGM held on February 11, 2005. The details of the minutes shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Oriental Bank Of Commerce has informed the Exchange of a presentation made by the bank on February 17,2005 at the "Analyst Meet". The details of the presentation shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).34

Oriental Bank Of Commerce has informed the Exchange that Govt. of India vide their letter dated February 17, 2005 have conveyed their approval for second public offer by Oriental Bank of Commerce for 5,80,00,000 equity shares.

Goldman Sachs Investments (Mauritius) I Limited have informed the Exchange that they have acquired 110901 shares aggregating to 0.06% of the total paid up capital of Oriental Bank Of Commerce on January 25,2005.The mode of acquisition is through market purchase and the shareholding of Goldman Sachs Investments (Mauritius) I Limited after the said acquisition is 9,632,457 shares aggregating to 5.00% of the total paid up capital of Oriental Bank Of Commerce.

Oriental Bank Of Commerce has informed the Exchange that Goldman Sachs Investments(Mauritius) Limited have acquired 110901 shares aggregating to 0.06% of the total paid up capital of Oriental Bank Of Commerce on January 25,2005.The mode of acquisition is through market purchase and the shareholding of Goldman Sachs Investments(Mauritius) Limited after the said acquisition is 9632457 shares aggregating to 5.00% of the total paid up capital of Oriental Bank Of Commerce.

Oriental Bank Of Commerce has informed the Exchange that an EGM of the Bank will be held on February 11, 2005 for seeking approval of the shareholders for the proposed issue of 5,00,00,000 Equity Shares of the Bank. In this regard the bank has fixed January 31, 2005 as Record Date for the purpose of determining the shareholders to participate in the EGM and voting therein.

Oriental Bank Of Commerce has informed the Exchange that BODs of the Bank in their meeting held on December 28,2004 have approved further raising of capital of the bank by way of issue of 5 crore equity shares having face value of Rs.10/- each at a price to be determined through book building subject to necessary approvals.

Oriental Bank Of Commerce has informed the Exchange that the trade unions of the Bank have deferred the Nationwide strike proposed for December 22, 2004.

Oriental Bank Of Commerce has informed the Exchange that Bank's trade unions have given a call for nationwide strike on December 22, 2004 on account of various unsettled issues with the Management.

Oriental Bank Of Commerce has informed the Exchange that Shri. S.K.Sakhuja,Shareholder Director has resigned from the Board of the Bank on November 30,2004.His resignation has also been accepted by the BODs in their meeting held on November 30,2004.This resignation will be effective from December 01,2004.