POLICY FOR USAGE OF CORPORATE CREDIT CARDS

All employees in M1 to M6 level will be eligible to get

Corporate Credit Cards for the official purposes only.

By applying for and accepting a Tata BlueScope

Steel Limited Corporate HDFC Card, the applicant is
entering into an agreement with BSBSL and HDFC
Bank to be in Joint Liability of the account and all
expenses placed on it.

The cardholder takes responsibility for the account in

whole, where TBSL will only take responsibility for
making payments for legitimate company expenses
of which the cardholder has requested, once the
appropriate documentation has been submitted.

The cardholder must NOT place personal expenses

on their company credit card unless in an emergency
or by prior arrangement with management. The
cardholder must NOT place any expenses on their
account that relate to stock or assets for the
company.

The cardholder must read and adhere to ALL

Company Policies regarding the use of their TBSL
Corporate Credit Card.

The rules and limits pertaining to corporate credit

cards will be circulated through internal circular
from time to time.