PUNJLLOYD

Punj Lloyd Limited has informed the Exchange that the Company has been granted a Fax of Acceptance by Gas Authority of India Ltd. in respect of laying of Pipeline and Associated facilities for spread 1 of Dahej-Uran Pipeline Project for a consideration of Rs. 138.29 crores. This value is inclusive of all applicable, taxes, duties, levies etc.

Punj Lloyd Limited has informed the Exchange that Mr. J K Dhar, Executive Director has resigned from the services of the Company.

Punj Lloyd Limited has informed the Exchange regarding a press release issued by the Punj Lloyd Ltd. (PLL), regarding signing of a JV agreement with His Royal Highness Prince Khalid Bin Bandar Bin Sultan (KBS), Kingdom of Saudi Arabia. The jointly owned company with the share capital of 2 million Saudi Riyals would be named Dayim- Punj Lloyd Engineering Limited (JV) in which PLL would hold 49%, while stake of KBS will be 51%. The JV will operate in engineering, procurement, construction commissioning of onshore and offshore projects for the hydrocarbon sector, power, chemical, water and sewage

Punj Lloyd Limited has informed the Exchange that pursuant to authorisation by shareholders in Extra-Ordinary General Meeting held on April 03, 2006, and the provisions of Punj Lloyd Employees Stock Options Plan, 2005, the Remuneration Committee has decided to grant 154,208 stock options to the employees of the Company. Each such option shall give the holder the right but not the obligation to subscribe for one fully paid-up equity share of Rs. 10 each of the Company at a price of Rs. 1179.95 per share.

Punj Lloyd Limited has informed the Exchange that all the resolutions as per the EGM Notice have been duly passed by the members at the meeting held on April 03,2006.

Punj Lloyd Limited has informed the Exchange that the BoDs in its meeting held on March 20, 2006 has inter-alia approved the investment of a sum not exceeding Rs.138 crores in the equity share capital of Global Health Pvt Ltd, New Delhi, a company promoted by Dr. Trehan for implementing the Medicity project, subject to the parties entering into a shareholders agreement on mutually acceptable terms and conditions.

Punj Lloyd Limited has informed the Exchange that it has been granted a Letter of Acceptance and Notice to Proceed by New Doha International Airport Steering Committee in respect of Fuel Handling System at New Doha International Airport, for a consideration of Qatari Riyal 291 37 Mn (approx US$ 79 82 Mn).

Punj Lloyd Limited has submitted to the Exchange a copy of the notice convening EGM of the Company to be held on April 03, 2006 to transact the business as specified in the Notice. 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).

Punj Lloyd Limited has informed the Exchange regarding the press release issuance of Foreign Currency Convertible Bonds for US$ 125 million. The press release titled, "Punj Lloyd Ltd. to raise US$ 125 million through Foreign Currency Convetible Bonds." shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

(2) enabling the issuance of Stock Options not exceeding 156511 to employees each option shall give the holder, right but not an obligation to subscribe to one fully paid-up equity share of Rs. 10 each as per the Stock Option Plan. (3) increase in the investment limit by the Foreign Institutional Investors in the shares or other securities whether convertible into shares or not upto the sectoral cap as may be prescribed by any Government / Statutory Authority from time to time.

Punj Lloyd Limited has informed the Exchange that subject to the approval by members, the Board of Directors of the Company at its meeting held on February 28, 2006 have approved inter-alia the following :- (1) to raise an aggregate amount not exceeding Rs. 1,000 crores, either in the course of domestic or international offerings, through a public issue and / or a private placement basis, by the issue of secured and / or unsecured debentures and / or bonds and / or other securities, including, equity shares and / or Partly Convertible Debentures (PCDs) and / or Optionally Convertible Debenture

Punj Lloyd Limited has informed the Exchange regarding the press release issued by the Company regarding receipt of new project from Global Health Private Limited worth Rs.860 Million and the update on financial information. The press release titled, "Punj Lloyd announces award of Rs.860 million multi-speciality hospital building structure project and updates financial information" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Punj Lloyd Limited has informed the Exchange that Mr. Tarwinder Singh, President (Infrastructure) has resigned from the services of the Company.

Punj Lloyd Limited has informed the Exchange that it has been granted a Letter of Acceptance by M/s Hindustan Petroleum Corporation Ltd. in respect of laying of pipeline and associated facilities (Part III & Part IV) for Mundra - Delhi Pipeline Project for a consideration of Rs. 125.07 crores. This value is inclusive of all applicable, taxes, duties, levies etc.

Punj Lloyd Limited has informed the Exchange that Mr.V.K. Kaushik, Joint Managing Director and COO has sold 1,800 shares of Punj Lloyd Limited on January 03, 2006. The shareholding of Mr.V.K. Kaushik after the said sale is 22 shares of Punj Lloyd Limited.

Punj Lloyd Limited has informed the Exchange that : - (1) Mr.V.K. Kaushik, Director has sold 3,000 shares of Punj Lloyd Limited on January 30, 2006. The shareholding of Mr.V.K. Kaushik after the said sale is 1822 shares of Punj Lloyd Limited. (2) Mr.Dinesh Thairani, Company Secretary has sold 500 shares of Punj Lloyd Limited on January 30, 2006. The shareholding of Mr. Dinesh Thairani after the said sale is Nil shares of Punj Lloyd Limited.

Punj Lloyd Limited has informed the Exchange that the Company has been granted a letter of intent by M/s. IHI, Tokyo in respect of the sub contracting for the LNG Tank Civil Works & Mechanical Works for "Third LNG Tank Project Gujarat, India" and "Project Dahej Expansion, Gujarat, India" for a consideration of Rs. 168.4 crores plus Rs.3.1 crores as optional works. The value stated above are inclusive of Taxes and Duties.

Punj Lloyd Limited has informed the Exchange that Mr. Anil Aggarwal has been appointed as Chief Financial Officer of the Company.

Punj Lloyd Limited has informed the Exchange that :- (a) Punj Lloyd Limited has been granted a letter of intent by the Road Infrastructure Development Company of Rajasthan Limited in respect of the construction of roads from :- i) Hanumangarh to Ratangarh for a consideration of Rs. 271.10 crores; ii) Ratangarh to Kishangarh for a consideration of Rs. 227.48 crores; and iii) Baran to Jhalawar for a consideration of Rs. 94.96 crores. (b) Punj Lloyd Limited has been granted a letter of intent by Bechtel in respect of the "OGD III" and "AGD II" pipeline project in Abu Dhabi for a consideration of