INDIAN BANK - Dividend Payment Date

With reference to the earlier letter dated May 12, 2014 informing the recommendation of the Board of Directors of the Bank for a final dividend of Rs. 1.70 (17%) per Equity Share of face value of Rs. 10/- each and at 9.00% p.a. for the period from April 01, 2013 to September 30, 2013 and 8.50% p.a. for the period from October 01, 2013 to February 28, 2014 on the Perpetual Non-Cumulative Preference Shares of Rs. 400.00 crore, for the year 2013-14. The shareholders of the Bank have, in the Eighth Annual General Meeting held on June 27, 2014, declared the above dividends for the year 2013-14.<br/><br/>Indian Bank has now informed BSE that the dividends so declared will be paid to all the eligible shareholders of the Bank on July 16, 2014.