Southern Iron and Steel scheme of amalgamation

Southern Iron & Steel Company Ltd has informed that pursuant to the Order made by the Honorable High Court of Judicature at Bombay, a meeting of the equity shareholders of the Company will be held on December 28, 2007, for the purpose of considering and if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation of the Company with JSW Steel Ltd.