United Spirits Allotment Of Equity Shares - July 24, 2009

The Committee of United Spirits has allotted 7,749,121 equity shares of Rs 10 each, fully paid-up, to the equity shareholders of SWC, in terms of the exchange ratio mentioned in the scheme pursuant to the scheme of amalgamation between Shaw Wallace & Company (SWC), Primo Distributors (Primo) and United Spirits (Scheme) sanctioned by the Hon'ble High Courts of Karnataka, Bombay and Calcutta.

Post-allotment, the paid up equity share capital at the company stands increased to Rs 1,079,123,770 divided into 107,912,377 equity shares of Rs 10 each, fully paid up, from the existing paid up equity share capitol of Rs 1,001,632,560 divided into 100,163,256 equity shares of Rs 10 each, fully paid up.

These equity shares were allotted at the committee of directors meeting held on 24 July 2009.

United Spirits - Allotment Of Equity Shares On Conversion Of Bonds

United Spirits Ltd has informed that in accordance with the Offering Circular dated March 24, 2006 of issue of USD100,000,000 2.00 per cent Convertible Bonds due 2011 (the Bonds), the Company has received a conversion notice in respect of 10,000 Bonds aggregating to USD 10,000,000 from the bond holder.

The Committee of Directors of the Company at its meeting held on January 28, 2008 has allotted 568,886 equity shares of Rs 10/- each, on conversion of 10,000 Bonds at a conversion price of Rs 781/- equity share, with the fixed rate of exchange on conversion of Rs 44.43 = USD1.00.

Consequent upon the allotment on conversion of Bonds, the total issued and paid up equity capital of the Company stands Increased to Rs 996,512,640/- divided into 99,651,264 equity shares from the present equity capital of Rs 990,823,780/- divided into 99,082,378 equity shares.