Please refer to our letter No. G-468 dated 17th May 2007, forwarding the press release regarding the audited annual financial results of the Company for the year ended 31st March 2007, and mentioning that the 100th Annual General Meeting (AGM) will be held on Wednesday, 18th July 2007.

Arising from a combination of factors, including a delay in receiving approval from the Government of India exempting the Company from attaching the accounts of its subsidiaries in the Annual Accounts and the inclusion of substantial additional information because of the Centenary Year of the Company, there was a delay in the printing and despatch of the 2007 Annual Report to the shareholders. Consequently, it is possible that many shareholders may not have received the Notice convening the AGM on 18th July 2007 together with the Annual Report for the year ended 31st March 2007, as per the time limit prescribed by the Companies Act, 1956.

Accordingly, in the best interest of the shareholders, the Board of Directors has reschduled the AGM on Wednesday, 29th August 2007 at 3.30 p.m. at Birla Matushri Sabhagar, Mumbai. A notice of the revised date of the AGM is being sent to the shareholders of the Company. The items included in the AGM Notice circulated earlier for approval of the shareholders would remain unchanged.

We enclose herewith 3 copies of the Notice proposed to be published by us in the newspapers in connection with the rescheduling of the AGM.

Yours faithfully,
Tata Steel Limited


( J C Bham)
Company Secretary