ICICI Bank - Outcome Of AGM

ICICI Bank Ltd has informed that the members at the 13th Annual General Meeting (AGM) of the Company held on July 21, 2007, inter alia, have transacted the following:

Ordinary Business :

1. Adoption of the audited Profit and Los Account for the financial year ended March 31, 2007 and Balance Sheet as at that date together with the Reports of the Directors and Auditors thereon.

2. Declaration of dividend on preference shares.

3. Declaration of dividend on equity shares.

4. Reappointment of Mr. N Vaghul, Mr. Anupam Puri, Mr. M K Sharma, Prof. Marti G Subrahmanyam as Directors of the Company.

5. Appointment of BSR & Company, Chartered Accountants, as statutory auditors of the Company, to hold office from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company on a remuneration, terms and conditions.

6. Authority to the Board to appoint branch auditors, as and when required, in consultation with the statutory auditors, to audit the accounts in respect of the Companys branches / offices in India and abroad on remuneration, terms and conditions.