Federal Bk S Regulatory News (FEDS)

13 Nov 2007 12:59

Federal Bank Ltd (The)13 November 2007 The Federal Bank Limited Secretarial DepartmentPhone : (0484) - 2622263 (Direct) Corporate Office 2623620 - 29 'Federal Towers'Fax : 2621687 Aluva E-mail : secretarial@federalbank.co.in Kerala - 683 101 13 November, 2007 Regulatory news serviceLondon Stock Exchange Dear Sir, Not for release, publication or distribution, directly or indirectly, in or intothe United States of America "On October 26, 2007, the Board of Directors of The Federal Bank Limited, actingthrough its Rights Issue Committee, approved a rights issue priced at Rs250 pershare (including a premium of Rs240 per share). The record date for the rightsissue will be Monday, November 26, 2007. Holders of record on the record datewill be eligible to subscribe for one equity share of par value Rs10 for everyfully paid equity share of The Federal Bank Limited which they hold. Holders ofThe Federal Bank Limited's global depositary receipts (GDRs) will be eligible toparticipate in the rights offer under certain circumstances." For the Federal Bank Limited Company Secretary The information contained herein is not for publication or distribution,directly or indirectly, in or into the United States of America. Thesematerials do not constitute an offer of securities for sale in the UnitedStates, nor may the securities be offered or sold in the United States absentregistration or an exemption from registration as provided in the U.S.Securities Act of 1933, as amended, and the rules and regulations there under.There is no intention to register any portion of the offering in the UnitedStates of America or to conduct a public offering of Securities in the UnitedStates of America. The information contained herein shall not constitute an offer to sell or thesolicitation of an offer to buy, nor shall there be any sale of the securitiesreferred to herein in any jurisdiction in which such offer, solicitation or salewould be unlawful prior to registration, exemption from registration orqualification under the securities laws of any such jurisdiction. This information is provided by RNS The company news service from the London Stock Exchange