Jaiprakash Associates Limited has informed the Exchange that the Hon'ble High Court of Judicature at Allahabad has on August 08, 2006 sanctioned the Scheme of Amalgamation of Jaypee Greens Limited with the Company. Board With reference to the earlier announcement regarding Hon'ble High Court of Judicature at Allahabad sanctioning the Scheme of Amalgamation of Jaypee Greens Ltd with the Company, (certified copy of the formal order has been received on August 21, 2006), Jaiprakash Associates Ltd has informed BSE that the Scheme has become effective from the August 21, 2006, i.e. the date on which the certified copy of the Order of the Hon'ble High Court of Judicature at Allahabad has been electronically filed with the registrar of Companies, UP and Jaypee Greens Ltd stands merged with the company with effect from the appointed Date specified in the scheme i.e. April 01, 2005. (As Per BSE Bulletin Dated on 28/08/2006) Trading members of the Exchange are hereby informed that the under mentioned new securities of Jaiprakash Associates Ltd. (Scrip Code: 532532, ISIN No: INE455F01017) are listed and permitted for trading on the Exchange with effect from Monday, October 16, 2006. Securities 2,48,75,765 *Equity Shares of Rs.10/- each issued to the Shareholders of erstwhile Jaypee Greens Ltd. pursuant to Scheme of Amalgamation of the Company. Dist. Nos. 191773591 to 216649355 * These shares are ranking pari-passu with the existing equity shares of the company. 2.Trading members may please note that 62,18,942 equity shares bearing dist. Nos. 191773941 to 197992882 issued pursuant to the scheme of amalgamation are under lock-in till October 18, 2009 and therefore these shares would not be good delivery in the market till then. The company has confirmed that these equity shares are issued in physical form and the relevant share certificates have been enfaced with a stamp regarding its non-transferability. 3.The brief particulars of the Scheme of Amalgamation are as mentioned below: a)The Scheme of Amalgamation of the company was approved by the Hon'ble High Court of Allahabad vide its Order dated August 08, 2006. b)Effective Date: Augst 22, 2006 c)Appointed Date: April 01, 2005 d)Date of Allotment: August 25, 2006 e)Exchange Ratio - For every 2 equity shares of Rs.10/- each held in the transferor company, viz; Jaypee Greens Ltd., 1 equity share of Rs.10/- each of the company has been issued. 4.The company's financial year ends on 31st March. (As Per BSE Notice Dated on 13/10/2006)