Allotment of two senior notes

Dear Sir(s),

SUB: AXIS BANK RAISES SENIOR NOTES IN THE INTERNATIONAL MARKET

We have to advise that the Board of Directors of the Bank has today passed a resolution approving the allotment of two Senior Notes aggregating to USD 10,000,000 (USD Ten Million only) each, under the MTN Programme through its Dubai International Financial Centre (DIFC) branch.

You are requested to take note of above and arrange to bring it to the notice of all concerned.

Thanking You.

Yours sincerely,

For Axis Bank Limited

Girish V. Koliyote

Company Secretary