RNS Number:7321P
Associated Cement Companies Ld(The)
04 August 2005


SHR NSA BSE 12142

August 4, 2005



Dear Sirs,

Re:   A) Allotment of shares against exercise of Employees Stock Options.
      B) Allotment of shares against Conversion of  Foreign Currency Convertible
         Bonds - FCCBs
--------------------------------------------------------------------------------

We have to inform you that pursuant to the Resolution passed by Circular dated
August 2, 2005, by the Shareholders/Investors Grievance Committee,

2,500 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2000,

3,100 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2001

5,660 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2002.

38,875 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2003, and

19,14,603 shares were allotted against Conversion of FCCBs by Bond Holders.


Consequently, the paid up Share Capital of the Company has increased from
17,89,37,556 shares to 18,09,02,294 shares of Rs.10/- face value, as of date.


Thanking you,

Yours faithfully,
For The Associated Cement Cos. Ltd.,

(R.Padmanabhan)
Sr. Manager - Shares


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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