Statement from Mr. B Muthuraman, Managing Director, Tata Steel with reference to the Prime Minister’s speech vis –vis steel prices made today in Jamshedpur;

“In view of the suggestions made by the Prime Minister of India, Dr. Manmohan Singh in Jamshedpur today during Tata Steel’s Centenary celebrations function, Tata Steel will hold the prices of its steel products at current levels for the next 2-3 months.”