RNS Number:3257D
Associated Cement Companies Ld(The)
22 May 2006




SHR NSA LSE



May 22, 2006




The Bombay Stock Exchange Limited,
Phiroze Jeeejeebhoy Towers,
Dalal Street,
MUMBAI  400 001.


Dear Sirs



Re:  Allotment of   72,500   shares against Conversion of  Foreign Currency
Convertible Bonds - FCCBs

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


We have to inform you that pursuant to the Resolutions passed by Circular dated
May 18, 2006, by the Shareholders/Investors Grievance Committee of the Board,


72,500  shares were allotted against Conversion of FCCBs by Bond Holders


Consequently, the paid up Share Capital of the Company has increased from
18,67,88,896 shares to 18,68,61,396 of Rs.10/- face value, as of date.



Thanking you,



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




(A. Anjeneyan)
Company Secretary




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