Conversion of Securities

20 Nov 2007 07:00

Reliance Energy Ld20 November 2007 Sub : Allotment of 10,71,553 Equity Shares of Rs.10 each on conversion of Zero Coupon Foreign Currency Convertible Bonds This is to inform you the Committee of Directors of the Company at its meetingheld on November 19, 2007, has allotted 10,71,553 equity shares of Rs.10 each for cash at a price of Rs.1,006.92 (including a premium of Rs.996.92)per Share to various Foreign Institutional Investors against the conversion of23,850 Zero Coupon Foreign Currency Convertible Bonds. Consequent upon the said allotment, the paid-up capital of the Company standsincreased to 23,41,09,900 fully paid-up equity shares of Rs.10 each. Kindly take this disclosure on your record. Yours faithfullyFor Reliance Energy Limited Ramesh ShenoyCompany Secretary This information is provided by RNS The company news service from the London Stock Exchange