TSUK approaches ACAS to resolve pension dispute

July 16, 2015

London Stock Exchange

London

Dear Sirs/ Madam,

Sub: Announcement

This is with reference to the disclosure of the Company on June 15, 2015 stating that Tata Steel UK Ltd approached ACAS in new initiative to resolve pension dispute.In this connection, we wish to inform you that the trade unions have confirmed that their ballots on the UK company pension scheme were in favour of proposed modifications to the scheme. The company's indirect subsidiary i.e., Tata Steel UK Limited will now proceed with the completion of the statutory consultation process and continue to engage with the trade unions on this and all other relevant matters.

This is for your information and records.