With reference to the earlier announcement dated March 16, 2009, in relation to repurchase of Foreign Currency Convertible Bonds (“FCCBs”), Moser Baer has now announced that the table below sets out the details of the FCCBs cancelled following this repurchase:

Tranche : A
- Trading Date: March 16, 2009
- Number of Convertible Bonds repurchased : 10
- Repurchase Price (USD) : 25,000
- Total paid (USD) : 250,000

Tranche : B
- Trading Date: March 16, 2009
- Number of Convertible Bonds repurchased : 20
- Repurchase Price (USD) : 25,000
- Total paid (USD) : 550,000.