Re Joint Venture

12 Feb 2007 07:00

GAIL (India) Limited12 February 2007 TO: RNSDATED: February 9, 2007 Sub: Formation of Brahmaputra Cracker and Polymer Limited This is to inform that a Joint Venture Company has been formed with the name of"Brahmaputra Cracker and Polymer Limited" on January 8, 2007 in which GAIL(India) Limited holds 70% equity and Numaligarh Refinery Limited, Oil IndiaLimited & Govt. of Assam holds 10% equity each. FROM: (N.K. NAGPAL) COMPANY SECRETARY GAIL (INDIA) LIMITED This information is provided by RNS The company news service from the London Stock Exchange