State Bk.in.gdr Regulatory News (SBID)

16 Jun 2010 14:31

Ref.No: CC/S&B/VKJ/622

STATE BANK OF INDIA: EQUITY LISTING AGREEMENT: CLAUSE 21 PAYMENT OF FINAL DIVIDEND

We refer to our letter no. CC/S&B/VKJ/2010/350 dated 14.05.2010 whereby we had forwarded a copy of audited working results of the Bank for the year ended 31st March 2010 and advise that the Central Board of the Bank had declared a dividend of Rs.30.00 per share (300%) for the financial year ended 31st March, 2010 which also includes an interim dividend of Rs.10.00 per share (100%) already paid on 11.03.2010.

In terms of Clause 21 of the Listing Agreement, we have to advise that the final payment of dividend @ Rs.20.00 per share (200%) will be made on 12th July, 2010. Accordingly, the physical dividend warrants, wherever required, will be issued and will bear the date 12th July, 2010 and will be payable at par at all State Bank of India branches, irrespective of the amount and the payment of dividend through electronic mode will be made on the same day i.e. 12th July, 2010.

(Man Mohan Pathak) General Manager