RNS Number:5663Y
Associated Cement Companies Ld(The)
17 February 2006


SHR NSA LSE


February 15, 2006


Dear Sirs

Re:  Allotment of shares against Conversion of  Foreign Currency Convertible
     Bonds - FCCBs

--------------------------------------------------------------------------------

We have to inform you that pursuant to the Resolutions passed by Circular dated
February 15, 2006, by the Shareholders/Investors Grievance Committee of the
Board,

1,81,249 shares were allotted against Conversion of FCCBs by Bond Holders

Consequently, the paid up Share Capital of the Company has increased from
18,55,13,844 shares to 18,56,95,093 shares of Rs.10/- face value, as of date.
The Company will shortly be filing applications for listing/trading permission
in respect of these shares.

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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