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Offer to sell shares of some unlisted companies held by the Bank.

PUNJAB NATIONAL BANK

TREASURY DIVISION

HEAD OFFICE, NEW DELHI

17.09.2010

Offer to sell shares of some unlisted companies held by the Bank

Bids are invited from the interested parties to purchase shares of the following companies, held by the Bank, by way of Inter Se bidding.

Sl. No.Name of CompanyNumber of Shares
1Punjab Communication* 27134
2Super Syncotex*13500
3GPI Textiles2035373
4Krishna Lifestyle Tech*312000
5Mafatlal Industries*39078
6Mideast Inte Steel200400
7Morarjee Textiles* 81660
8 Mukerian Papers Ltd.14700
9Northland Sug Complex190500
10Optel Telecom Ltd. 200000
11Pertech Computers44900
12Somani Iron & Steel13100
13 RLF Limited*144900
14 Tyroon Tea Co. Ltd.*100000

* Listed scrips

The bids are to be submitted with The Deputy General Manager, Treasury Division, PNB Head Office, New Delhi.

The last date of receiving the bid shall be 15/10/2010.

The Bank reserves the right to cancel or amend the offer without assigning any reason thereof.

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