October 11, 2007

DLF raises loan

DLF Ltd has informed that the Board of Directors of the Company at its meeting held on October 11, 2007, inter alia, has approved the following in furtherance of Company's business opportunities in India / Abroad:

1. Raising of Loan in a Wholly owned Subsidiary abroad : Upto US$ 1.5 Billion

2. Participation in the proposed IPO of DLF Offices Trust, Singapore : Upto US$ 750 Million

3. Investments in projects / Companies in furtherance of Company's business lines in India / Abroad : Upto US$750 Million.

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