Exercise of stock options

RNS Number:1016G
Associated Cement Companies Ld(The)
07 December 2004


December 7, 2004.


Dear Sirs,

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

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We have to inform you that pursuant to the Resolution passed by Circular dated
December 6, 2004, by the Shareholders/Investors Grievance Committee,

4,950.shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2000,

5,998 shares were allotted against exercise of Stock Options granted to
employees under the Employees Stock Option Scheme 2001

4,775 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
17,83,47,071 shares to 17,83,62,794 shares of Rs.10/- face value, as of date.


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
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