With reference to earlier announcement dated February 10, 2011 informing of the Company's decision to make an application to the Luxembourg Stock Exchange ("LSE") seeking the approval of LSE for delisting / withdrawal for trading therefrom of the Company's Global Depository Receipts ("GDRs"), considering the lack of trading in the said GDRs, Tube Investments of India Ltd has now informed BSE that, on the Company's application, LSE has confirmed that the Company's GDRs will be delisted from LSE with effect from May 18, 2011. The Company's equity shares will continue to be listed on the National Stock Exchange of India Ltd ("NSE") and the Bombay Stock Exchange Ltd ("BSE"). The Company has made an application to the Madras Stock Exchange Ltd ("MSE") for delisting of equity shares, for which the approval of MSE is pending.
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