Container Corporation bonus issue

Container Corporation of India Ltd has informed that the meeting of the Board of Directors of the Company scheduled to be held on January 30, 2008, inter alia, will also consider the following:

1. Declaration of Interim Dividend, if any, for the FY 2007-08;

2. Recommendation of Issue of Bonus Shares subject to the approval of shareholders for insertion of a clause on "Capitalisation of Profits / Reserves" in the Articles of Association and ratification of issue of Bonus shares.