News about Centurion Bank of Punjab Limited - National Stock Exchange of India Limited

November 14, 2006

The media had reports on November 11, 2006 that a private bank is in talks with Centurion Bank of Punjab Limited to acquire a substantial stake.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

Centurion Bank of Punjab Limited has vide its letter inter-alia stated, "It is not our practice to comment on speculative reports. If and when any development takes place, we shall make appropriate disclosure."

Source: National Stock Exchange of India Limited

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