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Gujarat NRE - Allotment of equity shares upon conversion of FCCBs

Gujarat NRE Coke Ltd has informed BSE that the Committee of the Board of Directors of the
Company at its meeting held on June 02, 2008, has issued and allotted 68,208 Equity
Shares of Rs 10/- each at a premium of Rs 38.04 per share pursuant to Conversion Notice(s) received from the holder(s) of 1% Unsecured Foreign Currency Convertible Bonds (FCCBs) for conversion of FCCBs of US$ 75,000.

Consequently, the Paid-up Capital of the Company has increased from 33,70,17,176 Equity Shares of Rs 10/- each to 33,70,85,384 Equity Shares of Rs 10/- each.

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