Date of Auction : May 14, 2008

I. Notified Amount Rs.2000.00 crore (Out of which Rs.1000 crore is MSS amount)

II. Underwriting notified amount N.A.

III.Competitive Bids received

(i) Number 84

(ii) Amount Rs.3431.00 crore

IV. Cut-off price Rs.96.36 (YTM is 7.5758%)

V.Competitive bids accepted

(i) Number 60

(ii) Amount Rs.2000.00 crore (Out of which Rs.1000 crore is MSS amount)

VI. Partial Allotment Percentageof Comp. Bids 83.75 (6 bids)

VII. Weighted Average Price Rs.96.38

VIII.Non-competitive bids received

(i) Number 1

(ii) Amount Rs. 553.00 crore

IX.Non-competitive bids accepted

(i) Number 1

(ii) Amount Rs. 553.00 crore

(iii) Partial Allotment Percentage 100

Sourced From: Reserve Bank of India