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SHARE HOLDING PATTERN FOR THE QUARTER ENDING MARCH 31, 2006

GULF OIL CORPORATION LIMITED
DISTRIBUTION OF SHAREHOLDING AS ON 31/03/2006
  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 193446 1.39
b Banks, Financial Institutions, Insurance 535548 3.86
  Companies, (Central/ State Govt. Institutions/ Non-government Institutions)    
c FIIs 62600 0.45
       
  Sub-Total 791594 5.71
       
4 Others    
a Private Corporate Bodies 2711034 19.54
b Indian Public 2627811 18.94
c NRIs/OCBs 940328 6.78
d Any other (please specify) 0 0.00
       
  Sub-Total 6279173 45.27
       
  GRAND TOTAL 13871747 100.00
 
GULF OIL CORPORATION LIMITED
DISTRIBUTION OF SHAREHOLDING 1% ABOVE SHARES AS ON 31/03/2006
  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 193446 1.39
b Banks, Finance Institutions, Insurance Companies    
  (Central & State Govt. Instituions/ Non-govt     
  Institutions) Insurance Companies    
  i)  The New India Assurance Co Ltd  212750 1.53
  ii)Oriental Insurance Co Ltd. 106220 0.77
  iii) National Insurance Co. Ltd 155888 1.12
  iv) Others 60690 0.44
       
c FII's 62600 0.45
       
  Sub-total 791594 5.71
       
4 Others    
a Private Corporate Bodies {4(a) (i - iii) 2711034 19.54
  i) Aasia Management Consultancy Ltd 1693721 12.21
  iii) Aasia Properties Development Limited 350000 2.52
  iii)Other Private Corporate Bodies 667313 4.81
b Indian Public 2627811 18.94
  i) Ashok Paramanand Hinduja 200000 1.44
  ii) Others 2427811 17.50
c NRIs/OCBs:  940328 6.78
  OCBs    
  i) I AM Ltd 400000 2.88
  ii) Helvetia Mauritus Ltd 397103 2.86
  iii) Others 143225 1.03