Tourism Finance - Allotment Of Equity Shares

Tourism Finance Corporation of India Ltd has informed that the Board of Directors of the Company at its meeting held on February 25, 2008, inter alia, has considered and approved allotment of 1,32,97,648 Equity Shares of Rs 10 each for cash at a price of Rs 48 (including premium of Rs 38 per equity share) aggregating Rs 63,82,87,104 to the following allottees:

1. Identity of Allottee: IFCI Ltd

- No. of equity shares allotted : 6838122

- % of post Preferential issue Allotment: 26.496%

2. Identity of Allottee: State Bank of India

- No. of equity shares allotted : 2416296

- % of post Preferential issue Allotment: 9.188%

3. Identity of Allottee: Life Insurance Corp. Of India

- No. of equity shares allotted : 2024310

- % of post Preferential issue Allotment: 7.698%

4. Identity of Allottee: Bank of India

- No. of equity shares allotted : 1234824

- % of post Preferential issue Allotment: 4.695%

5. Identity of Allottee: United India Insurance Co. Ltd

- No. of equity shares allotted : 459096

- % of post Preferential issue Allotment: 1.746%

6. Identity of Allottee: The Oriental Insurance Co. Ltd

- No. of equity shares allotted : 325000

- % of post Preferential issue Allotment: 1.291%.