GAIL (India) Ltd GAID Price Monitoring Extension

  GAIL (India) Ltd (GAID) - Price Monitoring Extension

RNS Number : 1467R
GAIL (India) Limited
14 November 2012


Price Monitoring Extension

Today's closing auction call period has been extended in this security by 5
minutes.

Auction call extensions give London Stock Exchange electronic order book users
a further opportunity to review the prices and sizes of orders entered in an
individual security's closing auction call before the execution occurs. A
price monitoring extension is activated when the matching process would have
otherwise resulted in an execution price that is a pre-determined percentage
above or below the price of the most recent automated execution today.

The applicable percentage is set by reference to a security's Millennium
Exchange sector. This is set out in the Sector Breakdown tab of the Parameters
document at www.londonstockexchange.com/tradingservices

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


PMEBKQDQPBDDBDD -0- Nov/14/2012 15:42 GMT