RNS Number:9274D
Associated Cement Companies Ld(The)
11 October 2004


October 11, 2004,


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
October 7, 2004, by the Shareholders/Investors Grievance Committee,

6,200.shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2000,

1,950 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2001

10,825 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
17,82,77,669 shares to 17,82,96,644 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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