This is to inform that the securities of Bosch Rexroth (India) Ltd. (Scrip Code No.505366) will be struck-off (delisted) from the list of Officially Quoted Securities with effect from Wednesday, the 11th December, 2002 pursuant to the compliance with Clause 21(3)(a) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 1997 by the Acquirer (i.e. Mannesmann Rexroth AG.) together with person deemed to be acting in concert.

The Acquirers have agreed to provide an exit option to the existing shareholders at Rs.56/- per share at any time during one year from the date of delisting. The shareholders who desire to opt for the exit option will have to send their shares to the undermentioned address:

Mr.N.P. Desai,
Manager-Secretarial
Bosch Rexroth (I) Ltd.,
Near Vatva Railway Station,
Vatva,
Ahmedabad 382 445.

The company has also agreed to resolve investor complaints (if any) pending and received hereafter for a period of one year from the date of delisting to the satisfaction of the Exchange.

December 6, 2002