Tata Steel – Rights Issue 2007 Record date : 5/11/2007 Issue Opens : 22/11/2007 Issue Closes : 22/12/2007 Simultaneous but unlinked issue of: 121,794,571 Equity Shares of Rs.10/- each at a premium of Rs.290/- per Equity Share to the Equity Shareholder on Rights basis in the ratio of 1 Equity Share for every 5 Equity Shares {i.e. Ratio - 1: 5} And 548,075,571 Cumulative Compulsorily Convertible Preference Shares of the face value Rs.100 each in the Ratio of 9 Cumulative Compulsorily Convertible Preference Shares (CCPs) for every ten Equity Shares held on the Record date i.e 5th November 2007 Six CCPs of the face value of Rs.100/- each will be compulsorily and automatically converted into one Equity Share fully paid up of Rs.10/- each at a premium of Rs.590/-. The CCPs will be compulsorily and automatically converted into fully paid up Equity Shares on 1st September 2009, without any application or any further act on the part of the CCPs holders. There shall be no redemption of CCPs. For all the queries related to Rights Issue of Tata Steel please contact the Registrars to the Issue, Intime Spectrum Registry Ltd. The contact details are as follows: Head Office Intime Spectrum Registry Limited C-13 Pannalal Silk Mills Compound L B S Marg, Bhandup (West) Mumbai - 400078 Tel No : 022 - 2596 0320 Fax No : 022 - 2596 0329 Toll Free No : 1800-22-0320 Email : tatasteel.rights@intimespectrum.com Branch Office Intime Spectrum Registry Limited 203 Davar House , 2nd Floor Next to Central Camera Building D N Road Fort, Mumbai 400 001 Tel No : 022 – 2269 4127