Allotment of Shares

LISTING AGREEMENT:

SBI RIGHTS ISSUE 2008:ALLOTMENT OF 876 RIGHTS SHARES KEPT IN ABEYANCE

In terms of the Listing Agreement, we advise that the Executive Committee of Central Board of the Bank has approved allotment of 876 Rights Shares to eligible shareholders under the SBI Rights Issue -2008. Allotment of aforesaid shares was kept in abeyance as the Equity Shares in respect of which the above shares issued earlier were subject matter of title disputes/sub judice and the same are allotted after resolution of the dispute.

(Man Mohan Pathak) General Manager