Tata Steel Ltd has announced the following Consolidated financial results of the Company for the quarter ended December 31, 2007, which have been reviewed by the auditors and approved by the Board of Directors of the Company.

The Consolidated results for the Quarter ended December 31, 2007:

The Group has posted a Profit after minority Interest & Share of Profit of Associates of Rs 14155.40 million for the quarter ended December 31, 2007 as compared to Rs 10546.10 million for the quarter ended December 31, 2006. Total Income has increased from Rs 60717.60 million for the quarter ended December 31, 2006 to Rs 320960.30 million for the quarter ended December 31, 2007.

The previous period figures do not include the financial results of Tata Steel UK (which includes Corus Group) and the current period includes financial results of Tata Steel UK, reviewed by the auditors.