UPERGANGES

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Upper Ganges Sugar & Industries Ltd has submitted the proceedings of the EGM of the company held on March 30, 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).

Upper Ganges Sugar & Industries Ltd has informed the Exchange that an EGM of the Company will be held on March 30, 2005. The details of the notice of EGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Upper Ganges Sugar & Industries Ltd has informed the Exchange that in connection with merger of sugar business of New India Sugar Mills Ltd. with the Company and merger of Saran Trading Company Ltd., a wholly owned subsidiary of the Company, with New India Sugar Mills Ltd., the Committee of the BOD�s of the Company at its meeting held on January 22, 2005, have decided as follows: a) Issue of 2 fully paid equity shares of Rs.10 each of the Company for every 100 equity shares of Rs.10 each of New India Sugar Mills Ltd. on merger of the sugar business of New India Sugar Mills Ltd. with the Compan

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Upper Ganges Sugar & Industries Ltd has informed the Exchange that Shri A.V.Lodha has ceased to be the Director of the Company w.e.f December 09,2004.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the proposed dividend @ 30% on the equity shares of the company for the year ended June 30, 2004, if declared at the AGM scheduled to be held on December 09, 2004, will be paid to the shareholders on December 20, 2004.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Register of Members of the Company will remain closed from December 02, 2004 to December 09, 2004, both days inclusive, for the purpose of holding the AGM on December 09, 2004, inter alia for approval of the accounts of the Company for the year ended June 30, 2004 and declaration of dividend on Equity Shares.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the AGM is scheduled to be held on December 09, 2004.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that at its meeting held on October 28, 2004 the BOD have proposed to merge Saran Trading Company Ltd., a wholly owned subsidiary of the Company, with New India Sugar Mills Ltd. with effect from April 01, 2004 and the sugar business with all its assets and liabilities of New India Sugar Mills Ltd with the company with effect from October 01, 2004, subject to necessary approvals. Further the BOD have appointed M/s. Ernst & Young Private Ltd to carry out the valuation of the Company, Saran Trading Company Ltd and the sugar business of