MAHINDRA UGINE STEEL CO.LTD. - Updates on Lapse of Stock Options

With reference to the earlier letter dated August 19, 2014 in respect of lapse of stock options, Mahindra Ugine Steel Company Ltd has now informed BSE that 9,625 options have been further lapsed and the total numbers of stock options which are lapsed as on date under Employees Stock Option Scheme (ESOS) of the Company stands to 7,93,125.