RNS Number:2392Q
Associated Cement Companies Ld(The)
18 August 2005




SHR NSA LSE

August 18, 2005



Dear Sirs,

Re:  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 17, 2005, by the Shareholders/Investors Grievance Committee,


13,77,499 shares were allotted against Conversion of FCCBs by Bond Holders.


Consequently, the paid up Share Capital of the Company has increased from
18,09,02,294 shares to 18,22,79,793 shares of Rs.10/- face value, as of date.




Thanking you,


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



(R.Padmanabhan)
Sr. Manager - Shares




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