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Citigroup Global Markets and Kotak Mahindra complete Section 4(2) private placement and Regulation S offering of $201 million of Equity Shares by Punj Lloyd Limited

August 2007

Clients Citigroup Global Markets India Private Limited and Kotak Mahindra Capital Company Limited

Jones Day represented Citigroup Global Markets India Private Limited and Kotak Mahindra Capital Company Limited in connection with $201 million of Equity Shares in a Section 4(2) private placement and Regulation S offering by Punj Lloyd Limited.

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