The Manager- Listing
National Stock Exchange of India Ltd.
Exchange Plaza,
Bandra-Kurla Complex, Bandra (E),
Mumbai 400 051.

The Secretary,
Bombay Stock Exchange Ltd.
Dalal Street,
Mumbai 400 001.

Dear Sirs,

Re: Organisation Structure of Tata Steel Group

Tata Steel Group has set itself an ambition to become one of the leading players in the global steel industry. Tata Steel Group comprise of two entities, namely, Tata Steel (including Tata Steel Thailand and NatSteel Asia) and Corus Group Ltd. In order to realise this ambition, a new organisation is announced today, which is effective from 1st January 2008.

• The Chairman of Tata Steel, Mr Ratan Tata will continue to chair the Strategy and Integration Committee. Mr.Jim Leng, Mr.B Muthuraman, Mr.Philippe Varin, Dr. Tridibesh Mukherjee, Mr.Rauke Henstra, Mr.Hemant Nerurkar, Mr.Koushik Chatterjee and Mr.Jean-Sébastien Jacques are members of this Committee.
     

• A Group Centre is created for functions that are to be performed with a common approach across the Tata Steel Group. These functions are Technology & Integration, Finance, Strategy, Corporate Relations & Communications and Global Minerals. The executives responsible for these functions will report to the MD of Tata Steel and the CEO of Corus:

- Dr Tridibesh Mukherjee is appointed as Group Director, Technology & Integration
- Mr Koushik Chatterjee is appointed as Group Chief Financial Officer
- Mr Jean-Sébastien Jacques is appointed as Group Director, Strategy
- Mr Manzer Hussain is appointed as Group Director, Communications
- Mr Arun D Baijal is appointed as Group Director Global Minerals

• Both Tata Steel and Corus entities will have Executive Committees chaired by the MD, Mr B Muthuraman and the CEO, Mr Philippe Varin respectively.
   

• A Joint Executive Committee for Tata Steel Group will meet quarterly to review overall performance against the Group ambition. This committee will be co-chaired by the MD of Tata Steel and the CEO of Corus.