IDFC - Outcome Of Allotment Committee Meeting

Infrastructure Development Finance Company Ltd (IDFC) has informed that the Allotment Committee of Directors of the Company on July 11, 2007 has approved the allotment of 165354330 equity shares of Rs 10 each for cash at a price of Rs 127 per share to QIBs in terms of the special resolution passed by the shareholders at the 10th Annual General Meeting held on June 28, 2007.