October 29, 2012

Press Release No. 1

News about Orient Refractories Limited

The media had reports that Germany's RHI group may acquire stake in Orient Refractories Limited.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

Orient Refractories Limited has vide its letter inter-alia stated, "We wish to state that there is no truth in the matter; we have nothing more to report".