Date of Auction : May 14, 2008

I. Notified Amount Rs.3500.00 crore (Out of which Rs.500 crore is MSS amount)

II. Underwriting notified amount N.A.

III.Competitive Bids received

(i) Number 113

(ii) Amount Rs.8527.07 crore

IV. Cut-off price Rs.98.19 (YTM is 7.3937%)

V.Competitive bids accepted

(i) Number 65

(ii) Amount Rs.3500.00 crore (Out of which Rs.500 crore is MSS amount)

VI. Partial Allotment Percentage of Comp. Bids 69.76 (26 bids)

VII. Weighted Average Price Rs.98.20

VIII.Non-competitive bids received

(i) Number 2

(ii) Amount Rs. 250.50 crore

IX.Non-competitive bids accepted

(i) Number 2

(ii) Amount Rs. 250.50 crore

(iii) Partial Allotment Percentage 100