January 30, 2014

Press Release No. 1

Clarification by The Orissa Minerals Development Company Limited

Substantial increase in trading volumes has been observed in The Orissa Minerals Development Company Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. The Orissa Minerals Development Company Limited has vide its letter inter-alia stated, "There is no information/announcement that have a bearing on the operation/performance of the company."