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Private Placement of Bonds

8th Jun 2006 12:37

State Bank Of India08 June 2006 To: Bombay Stock Exchange Ltd. LISTING AGREEMENT: CLAUSE 36PRIVATE PLACEMENT OF UNSECURED, REDEEMABLE. NON-CONVERTIBLE, SUBORDINATED DEBT BONDS NOT EXCEEDING Rs 2000 CHORES In terms of Clause 36 of the Listing Agreement we advise that the ExecutiveCommittee of the Central Board (ECCB) of SBI has in its meeting held on 8TH June2006, approved the raising of unsecured and rated rupee Subordinated/ Upper TierII by way of bonds, not exceeding Rs 2,000 Crores during the remaining part ofFY: 2006-07, in tranches, with a minimum maturity of over 60 months, through astructured deal or by private placement or book building process. General Manager(Shares & Bonds) This information is provided by RNS The company news service from the London Stock Exchange

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