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Jaiprakash Hydro Power Ltd has announced the following Audited results for the year ended March 31, 2008:

The Company has posted a net profit after tax of Rs 2133.90 million for the year ended March 31, 2008 as compared to Rs 1995.40 million for the year ended March 31, 2007. Total sales / Income from operations has decreased from Rs 3565.20 million for the year ended March 31, 2007 to Rs 3424.90 million for the year ended March 31, 2008.

Jaiprakash Hydro Power Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2008, inter alia, has recommended final Dividend of Re 0.75 per share 7.5%) amounting to Rs 36.82 crores (excluding Dividend Distribution Tax of Rs 6.26 crores) in addition to the interim Dividend of Re 0.75 (7.5%) amounting to Rs 36.82 crores (excluding dividend distribution tax of Rs 6.26 crores) paid in August, 2007 in respect of the Financial Year ended March 31, 2008. Thus the total Dividend for the year ended March 31, 2008 would be 15% aggregating to Rs 73.64 crores, excluding aggregate dividend tax of Rs 12.52 crores.