Axis Bank Ltd.

AXIS Bank has informed that the board of directors of the bank at its meeting held on January 16, 2013, the following decisions were taken:

1. To appoint Sanjiv Misra, former secretary, department of expenditure, ministry of finance, government of India and former member of finance commission as the non-executive chairman of the bank. as the term of the present chairman, Adarsh Kishore comes to an end on March 07, 2013, Sanjiv Misra will thereafter take over as the non-executive chairman w.e.f. March 08, 2013 or any other date as may be approved by RBI.

2. To appoint Rohit Bhagat, former Chairman, Asia Pacific, BlackRock Inc. as an additional independent director of the bank with immediate effect.

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