JSW Steel Ltd.

JSW Steel has clarified that JSW Steel USA Inc., a subsidiary of JSW Steel has been contesting an appeal in the United States Court of Appeals for the fifth circuit. It is learnt that decision has been pronounced by the US Court against our subsidiary. JSW Steel USA Inc. is disappointed with the decision by the US Court and respectfully disagrees with its conclusions. The Company is studying and analysing the judgement in detail and evaluating all options available to defend its position under the applicable laws.

The above information is a part of company’s filings submitted to BSE.