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April 29, 2015

The BSE Ltd. Corporate Relationship Department, 1 st Floor, New Trading Ring, Rotunda Building, P J Towers, Dalal Street, Fort, Mumbai – 400 001 # 022 - 2272 3121, 2037, 2041, 3719, 2039, 2272 2061 corp.relations@bseindia.com Security Code No. : 532286

Sub:

News Clarification

Dear Sirs,

Code No. : 532286 Sub: News Clarification Dear Sirs, The National Stock Exchange of India Ltd.

The National Stock Exchange of India Ltd. Exchange Plaza, 5 th Floor, Plot no.C/1, G Block Bandra-Kurla Complex, Bandra(E),

Mumbai-400051

# 022 - 2659 8237, 8238, 8347, 8348 cmlist@nse.co.in Security Code No. : JINDALSTEL

JSPL IS CONFIDENT THAT IT WILL STAND VINDICATED

We are shocked to know from the media about filing of a chargesheet by CBI with respect to allocation of a coal block. The said allocation was made to the company on merits. During the course of the investigation the company and its officials fully co-operated with the authorities, and whenever asked, explained and provided all the supporting documents.

We deny all allegations made against our company and its management. We will be availing appropriate remedy in accordance with law. We have full faith in our judiciary and are confident to come out clean during the process.

JSPL has created a world class steel manufacturing and power generation infrastructure in the Indian states of Chattisgarh, Odisha and Jharkhand. The company has created over 20,000 jobs and anchors an employment eco-system for 50,000 families. JSPL is proud of its achievements and is confident of marching forward in its vision of Building a Nation of Our Dreams.

Thanking you.

Yours faithfully, for Jindal Steel & Power Limited

you. Yours faithfully, for Jindal Steel & Power Limited Jagdish Patra Vice President & Group Company

Jagdish Patra Vice President & Group Company Secretary

Jindal Steel & Power Limited

Corporate Office Jindal Centre, 12 Bhikaiji Cama Place, New Delhi 110 066 CIN No: L27105HR1979PLC009913

T +91 11 4146 2000 F +91 11 2616 1271 W www.jindalsteelpower.com, E: jsplinfo@jindalsteel.com

Registered Office O. P. Jindal Marg, Hisar, 125 005, Haryana