Dividend Declaration

7 Mar 2007 14:49

GAIL (India) Limited07 March 2007 Letter to: RNSDated: 6th March 2007 Sub: Payment of Special Interim Dividend (2006-07) This is in compliance of the Listing Agreement. It is stated that the Board of Directors of the Company in its meeting held today i.e. March 6, 2007 have, inter alia, approved payment of special interim dividend @ 25% on the paid-up equity share capital of the Company for the Financial Year 2006-07. The said special interim dividend shall be payable with reference to the 'Record Date' i.e. Monday, the 12th March, 2007, fixed for the said purpose, which had already been informed to the Stock Exchanges vide ourletter of even reference dated 22nd February, 2007. Letter from: N.K.NAGPAL COMPANY SECRETARY This information is provided by RNS The company news service from the London Stock Exchange