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Tata Motors Limited – Increase in QIP Issue size Press kit

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4 October, 2010

Tata Motors Limited (“Tata Motors”) had informed on October 1, 2010 regarding launch of an issue of Ordinary Shares and ‘A’ Ordinary Shares through the Qualified Institutional Placement (QIP) route, for a base amount of US$525 million, comprising of US$200 million of Ordinary Shares and US$325 million of ‘A’ Ordinary Shares, with an option to increase the size of the offering of the ‘A’ Ordinary Shares to US$ 400 million. In view of the response received, the Committee of Directors today authorized that the size of the offering of the ‘A’ Ordinary Shares be increased from US$400 million to US$550 million. As such, the total size of the Ordinary Shares and ‘A’ Ordinary Shares placement would stand increased to US$750 million.

Citigroup Global Markets India Private Limited and Credit Suisse Securities (India) Private Limited are acting as the Book Running Lead Managers for the Offering.


This press release is not an offer for sale within the United States of any equity shares or any other security of the Company. The securities of the Company have not been and will not be registered under the U.S. Securities Act 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. Persons, absent registration under the U.S. Securities Act or an exemption from such registration. There will be no public offering of the securities referred to herein in the United States.

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