Issue of Debt

31 Jul 2006 07:00

UTI Bank Limited29 July 2006 UTIB/PJO/CO/416/2006-07 July 29, 2006 The Senior General Manager (Listing)The Ahmedabad Stock Exchange Ltd.Kamdhenu ComplexPanjara PoleAhmedabad Attn : Shri K. K. Mishra The General Manager (Listing)National Stock Exchange of India LimitedExchange Plaza, 5th FloorPlot No. C/1, "G" BlockBandra-Kurla ComplexBandra (E), Mumbai - 400 051 Attn : Shri Hari K. The General Manager (Listing)Bombay Stock Exchange Ltd.1st Floor, New Trading Ring, Rotunda BuildingP. J. Towers, Dalal StreetFort, Mumbai - 400 001 Attn : Shri Sanjay Golecha Dear Sir, RAISING OF TIER I AND UPPER TIER II CAPITAL UNDER THE MEDIUM TERM NOTE PROGRAMMEAND RUPEE ISSUANCE Pursuant to the provision of Clause 36 (g) and other applicable provisions ofthe listing agreement we inform that the Board of Directors of the Bank has atits meeting held today decided as under: i. Borrowing/raising funds not exceeding Rs. 205.96 croresequivalent in foreign currency (under Medium Term Note programme) and notexceeding Rs.214.30 crores in Rupees under Hybrid Tier I in one or more tranchesas per the structure permitted by RBI, by way of bond/debenture or any otherinstrument that may be permissible. ii. Borrowing/raising funds not exceeding Rs. 700.54 croresequivalent in foreign currency (under Medium Term Note programme) and notexceeding Rs.652.40 crores in Rupees under Upper Tier II in one or more tranchesas per the structure permitted by RBI, by way of bond/debenture or any otherinstrument that may be permissible. The above instruments will be listed at NSE/BSE/The Stock Exchange at Singapore/ any other Stock Exchange. You are requested to take note of the above. Yours faithfully, P. J. OzaCompany Secretary &Vice President (Human Resources) Encl : a/a C.C. to : Shri S. Gopalan, VP, NSDL, Mumbai Shri Ram Kumar, Manager - Operations, CDSL The London Stock Exchange, UK This information is provided by RNS The company news service from the London Stock Exchange