Result of AGM

The Listing Department

The BSE Ltd.

23.06.2012

Phiroze Jeejeebhoy Tower,

25th Floor, Dalal Street,

CC/S&B/VKJ/0667

Mumbai - 400001

Dear Sir/Madam,

LISTING AGREEMENT: CLAUSE 31(D) AND 35A

OUTCOME OF 57TH ANNUAL GENERAL MEETING OF SHAREHOLDERS

Please refer our letter no. CC/S&B/VKJ/0329 dated 12.05.2012 whereby we had intimated to the Stock Exchange regarding 57th Annual General Meeting (AGM) of shareholders of the Bank scheduled on 22nd June 2012.

2. In this connection, we advise that the shareholders of the Bank, in the AGM held on 22.06.2012, have unanimously adopted the Balance Sheet and the Profit and Loss Account of the State Bank of India made up to the 31st day of March 2012, the Report of the Central Board on the working and activities of the Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts.

3. In terms of clause 35A of the listing agreement, we furnish below the details of the Annual General Meeting:

a. Date of Annual General Meeting: 22.06.2012

b. Total number of shareholders as on date: 868455

c. Number of shareholders present in the Meeting either in person or through

proxy:

Promoters and Promoter Group: 01

Public : 738

d. Number of shareholders attended the Meeting through Video Conferencing:

Promoters and Promoter Group: Nil

Public : Nil

Agenda for the Meeting: To receive, discuss and adopt the Balance Sheet and the Profit and Loss Account of the State Bank made up to the 31st day of March 2012, the report of the Central Board on the working and activities of the State Bank for the period covered by the Accounts and the Auditors' Report on the Balance Sheet and Accounts.

Resolution required: Ordinary

Mode of Voting: Show of Hands

4. Further, in terms of clause 31 (d) of the listing agreement, we enclose certified copy of the proceedings of the above mentioned AGM of the shareholders for your information and record.

Yours faithfully,

… sd …

General Manager

Encl: as above