PUNJ LLOYD LTD. - Clarifies on news item

With reference to the news item appearing in the news paper titled "Temasek May Buy 18% in Global Health for Rs. 700 cr.", Punj Lloyd Ltd has Clarified to BSE as under:<BR><BR>"Punj Lloyd Limited has sold its entire shareholding of 8,601,979 equity shares in Global Health Private Limited ("GHPL"), amounting to 17.74% of the issued equity share capital of GHPL, to Dunearn Investments (Mauritius) Pte Limited, ("Dunearn") today. Dunearn is a wholly-owned subsidiary of Singapore investment company, Temasek Holdings Pte Limited.<BR><BR>GHPL is an owner and operator of hospitals and medical clinics."