Mumbai, September 9, 2009: L&T Finance Limited’s first-ever public issue of 50,00,000 Secured Redeemable Non-Convertible Debentures (“NCDs”) of face value of Rs. 1,000/- each aggregating to Rs. 500 crore with an option to retain over-subscription up to Rs. 500 crore for issuance of additional NCDs, aggregating up to a total of Rs. 1,000 crore has been oversubscribed. The NCD Issue with various investment options and yield on Redemption of up to 10.50% (per annum) opened on August 18, 2009, and closed on September 4, 2009.