RNS Number:5725D
Associated Cement Companies Ld(The)
01 October 2004





SHR NSA LSE 9678    FAX   RNS :  0044 207 588 6057

September 24, 2004.

RNS Customer Services,
RNS @ Londaon Stock Exchange,
Old Broad Street,
LONDON EC2N IHP

 Dear Sirs,


Re:   Allotment of shares against exercise of Employees Stock Options.
--------------------------------------------------------------------------------




We have to inform you that pursuant to the Resolution passed by Circular dated
September 23, 2004, by the Shareholders/Investors Grievance Committee,

9,750.shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2000,

7,844 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2001

17,770 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2002.

Consequently, the paid up Share Capital of the Company has increased from
17,82,42,305 shares to 17,82,77,669 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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