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PRESS RELEASE

31 March 2008

Aditya Birla Nuvo allotted equity shares to promoters under preferential allotment

Aditya Birla Nuvo Ltd., a flagship company of the Aditya Birla Group, allotted 17,00,000 equity shares of Rs. 10 each at a premium of Rs. 1997.45 to TGS Investment and Trade Pvt. Ltd. and IGH Holdings Pvt. Ltd., the promoter and promoter group company on 31 March 2008 on conversion of equivalent number of warrants earlier issued to them on 21 February 2008.

For more information, contact:
Dr. Pragnya Ram
Group Executive President
Corporate Communications
Aditya Birla Management Corporation Limited
Tel: 91-22-6652 5000 / 2499 5000
Fax: 91-22-6652 5741/ 42
Email:
pragnya.ram@adityabirla.com

 
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