GULF OIL CORPORATION LIMITED 

 DISTRIBUTION OF SHAREHOLDING AS ON 31/12/2005

  Category No of shares held % of  Holding
A Promoter's holding    
1 Promoters    
a - Indian Promoters 0 0.00
b - Foreign Promoters 6800980 49.03
2 Persons acting in concert  0 0.00
       
  Sub-Total 6800980 49.03
       
B Non-Promoters Holding    
3 Institutional Investors    
a Mutual Funds and UTI 34000 0.25
b Banks, Financial Institutions, Insurance 635548 4.58
  Companies, (Central/ State Govt. Institutions/ Non-government Institutions)    
c FIIs 0 0.00
       
  Sub-Total 669548 4.83
       
4 Others    
a Private Corporate Bodies 3470603 25.02
b Indian Public 1994837 14.38
c NRIs/OCBs 935779 6.75
d Any other (please specify) 0 0.00
       
  Sub-Total 6401219 46.15
       
  GRAND TOTAL 13871747 100.00
 

GULF OIL CORPORATION LIMITED

 DISTRIBUTION OF SHAREHOLDING 1% ABOVE SHARES AS ON 31/12/2005

  Category No of shares held % of  Holding
       
A Promoters    
1 Promoters    
b               - Foreign Promoters    
                  NN Investments BV 3925980 28.30
                  GULF OIL International (Mauritius) Inc  2875000 20.73
       
  Sub-total 6800980 49.03
       
B Non-promoters' Holding    
3 Institutional Investors    
a Mutual Funds & UTI 34000 0.25
b Banks, Finance Institutions, Insurance Companies    
  (Central & State Govt. Instituions/ Non-govt     
  Institutions) Insurance Companies    
  i)  The New India Assurance Co Ltd  312750 2.25
  ii) National Insurance Co. Ltd 155888 1.12
  iii) Others 166910 1.20
       
c FII's 0 0.00
       
  Sub-total 669548 4.83
       
4 Others    
a Private Corporate Bodies {4(a) (i - iii) 3470603 25.02
  i) Aasia Management Consultancy Ltd 1589421 11.46
  iii) Aasia Properties Development Limited 705830 5.09
  iii)Other Private Corporate Bodies 1175352 8.47
b Indian Public 1994837 14.38
  i) Ashok Paramanand Hinduja 200000 1.44
  ii) Hitesh Satishchandra Doshi 228245 1.65
  iii) Others 1566592 11.29
c NRIs/OCBs:  935779 6.75
  OCBs    
  i) I AM Ltd 400000 2.88
  ii) Helvetia Mauritus Ltd 397103 2.86
  iii) Others 138676 1.00
       
  Sub-total 6401219 46.15
       
  GRAND TOTAL 13871747 100.00

Notes:

1. Total foreign shareholding is number is 7736759 amounting to 55.77%

2. There are no GDR/ADR holdings in the above-mentioned company

3. Persons acting in concert is NIL