Conversion of Securities

13 Dec 2007 07:00

Reliance Energy Ld13 December 2007 Sub : Allotment of 7,07,856 Equity Shares of Rs.10 each on conversion of ZeroCoupon Foreign Currency Convertible Bonds This is to inform you the Committee of Directors of Reliance Energy Limited atits meeting held on December 11, 2007, has allotted 7,07,856 equity shares ofRs.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 ofZero Coupon Foreign Currency Convertible Bonds aggregating US $15.755 million. Consequent upon the said allotment, the paid-up capital of the Company standsincreased to 23,58,65,049 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