TATA STEEL Convertible Debentures

FCCB Issue amount Issue Date Maturity Date Coupon Coupon payment Stock Exchange US$ 546.935 Mn November 20th, 2009 November 21st, 2014 4.5% Semi Annual SGX, Singapore

Cumulative Alternative Reference Securities (CARS) Issue amount Issue Date Maturity Date Coupon Coupon payment Stock Exchange US$ 382 Mn September 2007 September 2012 1% p.a. Semi Annual SGX, Singapore

Non Convertible Debentures

2% Non-Convertible Debentures, at YTM of 9.80% Issue Amount Issue Date Maturity Date Coupon / YTM Coupon payment Rating Rs. 1,500 Crs, issued at a discount of 15% to the Face Value April 2012 April 2022 2.00% / 9.80% Annual AA+ by CARE and Brickworks

Non Convertible Debentures - Series 1 Issue amount Issue Date Maturity Date Coupon Coupon payment Stock Exchange Rating Rs. 620 Crs May 2008 May 2015 10.2% p.a. Annual WDM Segment of the NSE AAA (Fitch)

10.25% Non Convertible Debentures Issue amount Issue Date Rs. 500 Crs Dec 2010

Maturity Date Coupon Coupon payment Stock Exchange Rating

Dec 2030 10.25% p.a. Annual WDM Segment of the NSE AA+ (CARE)

10.25% Non Convertible Debentures Issue amount Issue Date Maturity Date Coupon Coupon payment Stock Exchange Rating Rs. 2,500 Crs Jan 2011 Jan 2031 10.25% p.a. Annual WDM Segment of the NSE AA+ (CARE)

12.5% Non Convertible Debentures Issue amount Issue Date Maturity Date Coupon Coupon payment Stock Exchange Rating Rs. 1,250 Crs November 2008 November 2016 12.5% p.a. Annual WDM Segment of the NSE AAA (Fitch)

11% Non Convertible Debentures Issue amount Issue Date Maturity Date Coupon Coupon payment Stock Exchange Rating Rs. 1,500 Crs May 2009 May 2019 11% p.a. Annual WDM Segment of the NSE AA (Fitch) / AA+ (CARE)

10.4% Non Convertible Debentures Issue amount Issue Date Maturity Date Coupon Coupon payment Rs. 651 Crs May 2009 May 2019 10.4% p.a. Annual

Stock Exchange Rating

WDM Segment of the NSE AA (Fitch) / AA+ (CARE)