Audited Financial Results & Final Dividend 2012-13

GAIL (India) Limited

(A Government of India Undertaking-

A Maharatna Company)

ND/GAIL/SECTT/2013 May 29, 2013

London Stock Exchange,

Regulatory News Service Department (RNS)

10, Paternoster Square,

LONDON EC4M 7LS

Sub.: Audited Financial Results for the FY ended on 31st March, 2013 and recommendation of final dividend FY 2012-13

Dear Sir,

This is continuation of our letter of even no. dated May 9, 2013.

The Board of Directors of the Company in its meeting held today i.e. May 28, 2013 have, inter-alia, approved the audited financial results of the Company for the FY ended 31st March, 2013 and recommended the payment of final dividend @ 56% (Rs. 5.60/- per share) on the paid-up equity share capital of the Company for the FY 2012-13, subject to approval of shareholders in the ensuing Annual General Meeting. The date on which dividend shall be paid/dispatched to eligible shareholders will be intimated separately.

In this regard, please find enclosed herewith a copy of the said audited financial results of the Company. The said financial results is being hosted on Company's website at http://www.gailonline.com/final_site/financial_result.html.

Click on, or paste the following link into your web browser, to view the associated PDF document.

 http://www.rns-pdf.londonstockexchange.com/rns/6812F_2-2013-5-28.pdf

The above is for your information and records please.

Thanking you,

Yours faithfully,

(N.K. Nagpal)Company Secretary

Copy to:

Deutsche Bank Trust Company Americas

Global Equity ServicesCorporate Trust & Agency Sercices

Kodak House, 1st Floor, 222 Dr. D N Road

Mumbai-400001