Reliance Energy - Allotment Of Equity Shares

Reliance Energy Ltd has informed that the Committee of Directors of the Company at its meeting held on October 15, 2007, has allotted 5,59,139 equity shares of Rs 10 each for cash at a price of Rs 1,006.92 (including a premium of Rs 996.92) per Share to various Foreign Institutional Investors against the conversion of 12,445 Zero Coupon Foreign Currency Convertible Bonds (FCCBs).

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 22,90,89,447 fully paid-up equity shares of Rs 10 each.