MEDIA RELEASE

Delisting of Company

Bombay Stock Exchange Ltd. has delisted Gujarat Telephone Cables Ltd. w.e.f. Tuesday, June 17, 2008 that has been ordered to be wound up by the Hon'ble High Court of Gujarat at Ahmedebad. The interested parties may lodge their claims with the Official Liquidator at the address given below:

The trading in securities of the company was already under suspension since April 8, 2002 on the Exchange.

For further clarification / information please contact:
Department of Corporate Services.
1^st Floor, P. J. Towers,
Mumbai - 400 001.
Telephone No. 22721233/4 Extn. 8307/8332
Fax Nos. 22721072
E-mail: corp.relations@bseindia.com.

Kalyan S. Bose

Head - Corporate Affairs

June 17, 2008

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