State Bank of India has informed BSE that the Central Board of the Bank, at its meeting held on March 19, 2010, has approved a revised Draft Scheme of Acquisition of State Bank of Indore by State Bank of India, which incorporates the modifications as indicated by the Reserve Bank of India. The said scheme is subject to approval by the Reserve Bank of India and the Government of India, under Section 35 of the SBI Act, 1955. State Bank of India (SBI) has informed BSE that the Central Board of the Bank, in its meeting held on March 26, 2010, has approved issuance of maximum 1,16,052 shares, of face value of Rs. 10 each, to the minority shareholders of State Bank of Indore as on record date at the agreed swap ratio (34 shares of State Bank of India for every 100 shares of State Batik of Indore), resulting in increase in the issued Capital of State Bank of India from Rs. 634,96,85,000 to Rs. 635,08,45,520.00 (maximum), subject to approval of the Scheme of Acquisition of State Bank of Indore by Government of India. (As Per BSE Announcement Website dated on 29.03.2010) With reference to the earlier announcement wherein State Bank of India had advised that The Central Board of the Bank had approved issuance of maximum 1,16,052 shares, of face value of Rs. 10 each, to the minority shareholders of State Bank of Indore as on record date at the approved Share Exchange Ratio, resulting in increase in the issued Capital of State Bank of India from Rs. 634,96,85,000 to Rs. 635,08,45,520.00 (maximum), subject to approval of the Scheme of Acquisition of State Bank of Indore by Government of India; AND pursuant to the approval given by the Government of India vide the Acquisition of State Bank of Indore Order, 2010 dated July 28, 2010 sanctioning the acquisition of State Bank of Indore, State Bank of India has now informed BSE that the Executive Committee of the Central Board of the Bank has accorded approval to issue and allot, as on August 26, 2010, 1,14,606 (One lac fourteen thousand six hundred six) equity shares of the Bank of the face value of Rs. 10/- each, fully paid, to the minority shareholders of State Bank of Indore, whose names are recorded in the Register of Members and the records of the depositories as members of State Bank of Indore as on August 11, 2010 (Record Date) at the approved Share Exchange Ratio of 34 equity shares of the face value of Rs. 10 each (of SBI), fully paid, for every 100 shares of face value of Rs. 10 each, fully paid, held by the aforesaid shareholders in State Bank of Indore. (As Per BSE Announcement Website dated on 21.08.2010)