HINDUSTAN PETROLEUM CORPORATION LTD. - Clarifies on News Item

With reference to the News Item appearing in a financial daily titled "HPCL to buy stake in Petronet terminal", Hindustan Petroleum Corporation Ltd has Clarified to BSE as under:<br/><br/>"HPCL is a company dealing with various products related to Petroleum and allied products is scouting for various business opportunity in this sector in the normal course of business from time to time.<br/><br/>In view of this as and when any development takes place on any of the matter, which would need disclosure to the Stock Exchange in terms of the Listing Agreement, we shall comply with the same."