HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
By Telefex/Hand Delivery
September 7, 2006
Sub: Investment in United Western Bank Limited (UWB)
We wish to inform you that the Corporation jointly with my one or more of its subsidiary/associate companies,
proposes to invest an amount of up to Rs. 70 crores in the aggregate by way of equity in United Western Bank
Limited (UWB) a public limited company engaged in the banking business, subject to such terms and condition as
may be imposed by the Reserve Bank of India (RBI) and receipt of requisite regulatory and other approvals, by
the Corporation and/or its subsidiary/associate companies, in this regard.
Further please note, that the said Investment will be made by the Corporation and/ or any one or more of its
subsidiary/ associate companies along with SICOM and the Government of Maharashtra.
We request you to Kindly take note of the above and arrange to make the necessary announcement.
For Housing Development Finance Corporation Ltd.
Bombay Stock Exchange Limited
National Stock Exchange of India Ltd.
Sir P J Towers
Exchange Plara, 5 th Flr, Plot No. C/1
G Block, Bandra Kurla Complex
Mumbai 400 023
Bandra (E). Mumbai 400 051
FAX NO. 022-272 3121/3719/2037
FAX NO. 022-6598237/38
Kind Attn: Mr. Sanjay Golecha GM
Kind Attn: Mr. Hari K- Asst. Vice President
/s/ Girish V. Koliyote
Girish V. Koliyote
C.C: Singapore Exchange Limited
}Kind attn: Mr. Sicw Wuh Mul — Vice President
2. Shenton Way, #19-00, SGX Centre 1
}Fax No. 0065-65356994
C.C: Dellsche Trustee Company Ltd.
}Kind attn: The Managing Director/Term Debt
Winchester House, 1 Great Winchester St
London EC2N 2DB
}Fax No. 0044-207 547 6149