Press Releases

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Date Announcements & Press Releases September 4, 2008 GAIL shareholders approve 1 bonus share issue for 2 equity shares September 1, 2008 GAIL Hosts CEO’s CoNCLAVE OF OIL AND GAS PSU’s at CORPORATE OFFICE July 29, 2008 GAIL Records 31% Rise In Net Profits In QI of 2008-09 July 25, 2008 GAIL wins safety award for Pipeline, Gas Processing July 24, 2008 GAIL, BPCL sign MoU for Cooperation July 16, 2008 Gas supply to Trombay starts through Dahej-Uran Pipeline July 03, 2008 BCPL targets financial closure by September June 23, 2008 GAIL Board recommends issuance of 1 bonus share for 2 equity shares held June 06, 2008 GAIL signs Gas Co-operation Agreement with TIDCO June 03, 2008 GAIL wins Occupational Health and Safety Award June 02, 2008 Business Plan of GAIL Gas Limited to be finalized shortly First Board Meeting of GAIL Gas Limited held May 28, 2008 Fencing work commences at site for Brahmaputra Cracker and Polymer Limited May 27, 2008 GAIL CMD dedicates model village At Borgum Basti May 14, 2008 Press Conference presentation on Financial Results FY 2007-08 May 13, 2008 Moody’s assigns Baa2 / A3 rating to GAIL May 13, 2008 GAIL-Arrow consortium spuds first core well in CBM block May 13, 2008 GAIL records Turnover of Rs. 18,008 crore in FY 2007-08, Net Profit at Rs. 2,601 crore Board recommends total dividend of 100% May 01 2008 GAIL gets 2 Awards for Excellence in Cost Management April 04 2008 Fifth Asia Gas Partnership Summit to be held in Delhi from April14-15, 2008 April 01 2008 GAIL signs contract for supply of PMT gas March 25 2008 GAIL signs Annual MoU for FY 2008-09 March 21 2008 GAIL awarded Oil and Gas Pipeline Transportation Company of the Year March 21 2008 PSPB Badminton Tournament Chetan Anand, Aditi win finals Kashyap and Aparna Balan runners-up March 20 2008 PSPB Badminton Tournament Chetan Anand, Kashyap reach Men’s finals Aditi Mutatkar, Aparna Balan reach Women’s finals March 19 2008 GAIL wins Dun & Bradstreet Award March 18 2008 PSPB Badminton Tournament March 15 2008 GAIL to host 29th PSPB Badminton tournament from Monday, 17th March 2008 March 14 2008 GAIL sets up IT Disaster Recovery Centre at Jaipur March 11 2008 GAIL to set up a subsidiary for City Gas Distribution and CNG corridor business February 20 2008 Dr. U D Choubey, CMD, GAIL receives Lifetime Achievement Award February 13 2008 GAIL signs MoU with ITERA Oil & Gas Company of Russia January 31 2008 GAIL records total revenue of Rs. 4483 crore, net profit of Rs. 621 crore in Q III January 15 2008 GAIL Board gives in-principle go-ahead for Dabhol - Bangalore pipeline January 14 2008 GAIL contributes Rs. 15 lakh for Save Tiger Project January 10 2008 GAIL, Coal India sign MoU to set up surface coal gasification project January 9 2008 GAIL to implement Integrity Pact in all its major procurement December 28 2007 GAIL, RCF sign MOU for Coal Gasification project December 27 2007 GAIL – OIL sign joint cooperation agreement To bid jointly in NELP-VII December 19 2007 GAIL declares 40% interim dividend December 10 2007 GAIL signs Gas Cooperation Agreement with Government of Puducherry December 8 2007 GAIL - RGTIL sign Gas Transmission Agreements December 7 2007 GAIL committed to uphold interest of end consumers of PMT JV gas December 4 2007 GAIL - RIL Sign MoU To Set Up Petrochemical Plants globally November 19 2007 Secretary (CVC) lauds GAIL’s initiatives towards e-Business November 14 2007 GAIL launches online Complaint System November 12 2007 Vigilance Awareness Week launched at GAIL - Predictive, Preventive role emphasized October 17 2007 GAIL to form JV for Vadodara City Gas October 17 2007 GAIL - RCF MoU proposed for coal gasification October 15 2007 BCPL – ONGC sign Feedstock Supply Agreement for Assam Gas Cracker Project October 12 2007 GAIL wins Energy Excellence Awards October 9 2007 GAIL signs Gas Sales Agreement with Pragati Power for gas supply to Bawana Power Plant September 29 2007 Top Safety Awards For GAIL’S Pipelines, Plants September 21 2007 R.K. Goel is Chairman of Ratnagiri Gas & Power Private Ltd September 19 2007 Feedstock Supply Agreements for Assam Gas Cracker Project signed September 5 2007 GAIL achieves mechanical completion of 100,000 TPA new HDPE plant at PATA September 3 2007 GAIL targets Rs. 50,000 crore revenue by 2011 August 22 2007 Dr. U D Choubey, CMD, GAIL receives Distinguished Fellowship Award July 27 2007 GAIL Records 16% Rise In Net Profits in Q1 July 24 2007 GAIL, ONGC sign MoU for formation of JV July 23 2007 GAIL signs MoU with Transparency International India for Integrity Pact with Contractors July 14 2007 Petroleum Secretary compliments GAIL on Dahej – Dabhol pipeline completion July 10 2007 GAIL, Apollo Tyres sign accord for Steam Conversion Project through Waste Heat Recovery July 6 2007 Shri B C Tripathi takes over as GAIL Director (Marketing) July 2 2007 GAIL bags National Cost Management Award for Excellence June 28 2007 Saudi Ambassador Visits GAIL June 26 2007 GAIL and China Gas to form Joint Venture Company May 17 2007 GAIL-HPCL sign JV agreement for city gas projects in Rajasthan May 9 2007 GAIL records Net Profit of Rs. 2,387 crore in FY 2006-07 May 7 2007 Dabhol Power Plant towards revival with the commissioning of the first stretch of Dahej - Panvel – Dabhol Pipeline April 11 2007 GAIL and IndianOil ink MoU for JV in City Gas Distribution projects in West Bengal April 9 2007 Prime Minister lays foundation stone of Rs 5460 Crore Petrochemical Project in Assam March 30 2007 GAIL to lay 5000 km of new natural gas pipelines March 29 2007 GAIL MoU for FY 2007-08 signed March 15 2007 GAIL-RIL sign MoU for Joint Co-operation March 7 2007 GAIL - Shell to work on facility sharing March 6 2007 GAIL declares 25 per cent Special Interim Dividend March 2 2007 GAIL signs Production Sharing Contracts for 15 NELP VI Blocks February 23 2007 GAIL bags Platinum Safety Award 2007 February 16 2007 GAIL inks pact with IIP/CSIR for joint marketing of NTGG technology February 13 2007 GAIL launches e-tendering February 9 2007 GAIL bags Quality Excellence Award, 2007 February 1 2007 Dr. U D Choubey takes over as GAIL Chairman & Managing Director January 31 2007 GAIL - Sales and Profits increase despite higher subsidy December 8 2006 GAIL acquires stake in A7 Myanmar block December 7 2006 Excellent rating again for GAIL – Ranks among top 3 oil and gas PSUs November 10 2006 GAIL wins OISD Safety Award for HVJ Pipeline October 19 2006 GAIL’s Kailaras – Malanpur pipeline commences gas supply October 18 2006 Joint venture agreement signed for Assam Gas Cracker October 16 2006 Award of CBM blocks to the consortium of Arrow, GAIL, EIG and Tata Power under CBM-III Bid Round September 1 2006 GAIL pays total dividend of Rs.484.94 crore to Government for the year 2005-06 August 27 2006 Shri S P Rao takes over as GAIL CMD August 21 2006 GAIL wins Dun & Bradstreet – American Express Award August 17 2006 GAIL CMD selected Fellow of World Academy of Productivity Science August 16 2006 GAIL’s Myanmar Gas Resources Certified July 28 2006 GAIL’s drive to Combat Air Pollution related diseases

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