Issue of Equity

The Executive Director

The BSE Ltd. 26.07.2012

Phiroze Jeejeebhoy Tower,

25th Floor, Dalal Street, CC/S&B/VKJ/904

Mumbai - 400001

Dear Sir/Madam,

LISTING AGREEMENT: CLAUSE 36

STANDALONE RULE 144A / REGULATION-S ISSUE OF 5 YEAR BONDS

In terms of Clause 36 of the Listing Agreement, we advise that State Bank of India has concluded the issue of USD 1,250Mio Fixed Rate Senior Unsecured Notes having a maturity of 5 years at a coupon of 4.125 percent payable semi-annually, under a Standalone Bond issue under Rule 144A/ Regulation-S of US Securities Exchange Commission (SEC), in the form of 144A/ regulation-S Notes. The bonds will be issued through our London branch as of 01st August 2012 and shall be listed on Singapore Stock Exchange.

Yours faithfully,

… sd …

General Manager