ISPAT INDUSTRIES LIMITED 
SHAREHOLDING PATTERN OF EQUITY SHARES AS ON 31ST MARCH, 2006
SL.NO. CATEGORY  NO. OF SHARES HELD  PERCENTAGE OF SHAREHOLDING
A. Promoters Holding:-     
1 Promoters     
  Indian  230512702 18.86
  Foreign  399291216 32.66
2 Persons acting in concert ---  
  Sub- Total  629803918 51.52
B. Non- Promoters Holding     
3 Institutional Investors     
a. Mutual Fund & UTI  *  1539964 0.13
b. Banks, Financial Institutions/ Insurance Companies (Central / State Govt. Institutions / Non-Government Institutions) **   439185274 35.93
c. FIIs 7140 0.00
  Sub- Total  440732378 36.05
4 Others    
a. Private Corporate Bodies  9930931 0.81
b. Indian Public  138016833 11.29
c. NRIs/ OCBs 3918602 0.32
d. Any other :    
      Foreign Company  39360 0.00
     Foreign National 196 0.00
  Sub- Total 151905922 12.43
  GRAND TOTAL  1222442218 100
*    Includes Foreign Mutual Fund - 73500
**  Includes Foreign Financial Institutions  - 3272269
Note :
    1)  Total Foreign Shareholding 406602283 33.26%
    2)  Details of Shareholders holding more than 1% shares is enclosed as Annexure
ISPAT INDUSTRIES LIMITED  
List of Shareholders having Equity Shares above 1% as on 31st March, 2006
Sl. No. Name of  Holder  No. of Shares held  Total  Percentage
           
A. Promoters' Holding        
A.1. Indian Promoters         
           
  GPI Investments Pvt. Ltd. 15344454   1.26  
  Ushaditya Investments Pvt. Ltd.  23254948   1.90  
  Goldline Tracom Pvt. Ltd.  33188768   2.71  
  KartikCredit Pvt. Ltd.  28443051   2.33  
  Denro Holdings Pvt. Ltd.  23487264   1.92  
  Mita Holdings Pvt. Ltd. 25466408   2.08  
  Ispat Holdings Pvt. Ltd. 20605212   1.69  
  Total    169790105   13.89
           
  Foreign Promoters        
  Ispat Steel Holdings Ltd. 272193401   22.27  
  Indethal Holdings Limited  19512060   1.60  
  Securex Holding Ltd.  34382299   2.81  
  Aldbury International Ltd.  37078637   3.03  
  Global Steel Holdings Ltd. 32106443   2.63  
  Total    395272840   32.33
B. Non - Promoter's Holding        
           
3 Institutional Investors         
           
b. Banks, Financial Institutions, Insurance Companies         
  Industrial Development Bank of India Ltd. 152700000   12.49  
  IFCI Limited  93844663   7.68  
  State Bank of India  26000000   2.13  
  Industrial Investment Bank of India Ltd.  13416030   1.10  
  Life Insurance Corporation of India  43710801   3.58  
  ICICI Bank Limited  60000000   4.91  
  Total    389671494   31.88
           
  TOTAL   954734439   78.10
ISPAT INDUSTRIES LIMITED  
List of Shareholders having 0.01% Cumulative Redeemable Preference Shares
above 1% as on 31st  March, 2006
Sl. No. Name of  Holder  No. of Shares held  Total  Percentage
           
A. Promoters' Holding        
A.1. Indian Promoters         
           
  GPI Investments Pvt. Ltd. 10229636   2.11  
  Ushaditya Investments Pvt. Ltd.  11899771   2.45  
  Goldline Tracom Pvt. Ltd.  13083789   2.69  
  Kartik Credit Pvt. Ltd.  15339949   3.16  
  Denro Holdings Pvt. Ltd.  12462736   2.56  
  Mita Holdings Pvt. Ltd. 12920277   2.66  
  Ispat Holdings Pvt. Ltd. 10394788   2.14  
  Sanwatshri Investments Pvt. Ltd.  6752000   1.39  
  Total    93082946   19.16
           
  Foreign Promoters        
  Ispat Steel Holdings Ltd. 162352551   33.41  
  Indethal Holdings Limited  13008040   2.68  
  Securex Holding Ltd.  22921532   4.72  
  Aldbury International Ltd.  14615921   3.01  
  Global Steel Holdings Ltd. 20272616   4.17  
  Total    233170660   47.99
B. Non - Promoter's Holding        
           
3 Institutional Investors         
           
b. Banks, Financial Institutions, Insurance Companies         
           
  IFCI Limited  14120288   2.91  
  Total    14120288   2.91
           
  TOTAL   340373894    
ISPAT INDUSTRIES LIMITED 
SHAREHOLDING PATTERN OF 0.01% CUMULATIVE REDEEMABLE PREFERENCE SHARES
AS ON 31ST MARCH, 2006                                                                                                                       
SL.NO. CATEGORY  NO. OF SHARES HELD  PERCENTAGE OF SHAREHOLDING
A. Promoters Holding:-     
1 Promoters     
  Indian  124189732 25.56
  Foreign  235679544 48.50
2 Persons acting in concert                                 -    
  Sub- Total  359869276 74.06
B. Non- Promoters Holding     
3 Institutional Investors     
a. Mutual Fund & UTI  *  1026642 0.21
b. Banks, Financial Institutions/ Insurance Companies (Central / State Govt. Institutions / Non-Government Institutions) **   23737544 4.89
c. FIIs 4760 0.00
  Sub- Total  24768946 5.10
4 Others    
a. Private Corporate Bodies  15500593 3.19
b. Indian Public  83131246 17.11
c. NRIs/ OCBs 2612412 0.54
d. Any other :    
     Foreign Company  26240 0.01
     Foreign National 131 0.00
  Sub- Total 101270622 20.84
  GRAND TOTAL  485908844 100.00
*    Includes Foreign Mutual Fund  -  49000
**   Includes Foreign Financial Institutions  - 2181512
Note :
    1)  Total Foreign Shareholding 240553599 49.51
    2)  Details of Shareholders holding more than 1% shares is enclosed as Annexure