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UTI Bank Limited (UTI)

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Friday 16 March, 2007

UTI Bank Limited

Issue of Equity

UTI Bank Limited
16 March 2007

We are pleased to inform that the Committee of Directors of the Bank has today
made the allotment of 1,69,173 equity shares of Rs. 10/- each to the employees
of the Bank, under ESOP.

The paid up share capital of the Bank will accordingly get increased to
28,16,30,787 equity shares from 28,11,93,673 equity shares during the quarter
(January to March 2007). Further, the Bank had made allotment of 99,097 shares
on 23rd January, 2007 and 1,68,844 shares on 20th February, 2007. The total
increase during quarter was 4,37,114 equity shares.

                      This information is provided by RNS
            The company news service from the London Stock Exchange