Dematerialization / Transfer of Shares

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Dematerialisation of Shares (i) Percentage of Dematerialization of Shares as on June 30, 2006. Depository  % Electronic (NSDL + CDSL) 97.00 Physical 3.00 Total 100% (ii) Status of Confirmation : The Karvy Computershare Private Limited, the Registrar and Share Transfer Agents of Reliance Energy Ltd. has confirmed dematerialisation in respect of demat request received up to June 30, 2006. Transfer of Shares (i) Status of transfer of shares : Status of transfer of shares : The Karvy Computershare Private Limited,the Registrar and Share Transfer Agents of Reliance Energy Ltd. has registered all transfers lodged with it up to June 30, 2006.