Stock Exchange Disclosures

Motherson Sumi Systems Ltd. has informed the Exchange that the Record Date for the purpose of sub-division of equity shares of the Company from Rs.5/- each to Rs.1/- each is March 23, 2004.

Motherson Sumi Systems Ltd. has informed the Exchange that the EGM of the members of the Company will be held on February 23, 2004 to transact the following business: 1) The equity shares of the company having a nominal face value of Rs.5/- per share, be subdivided into equity shares having a nominal face value of Rs.1/- per share and the relevant capital clauses in the Memorandum and Articles of Association of the company be accordingly altered. 2) Resolved that on the resolution for subdivision of the nominal face value of equity shares being duly passed and becoming effective at the General Meeting, Clause V of the MoA of the Company be deleted and in place thereof the following new Clause V be submitted: The Authorised Share Capital of the Company is Rs.20,00,00,000/- comprising of 20,00,00,000 equity shares of Rs.1/- each. 3) The Company also proposes to approve the reappointment of Mr. A Yamauchi, Whole time Director.

Motherson Sumi Systems Ltd. has informed the Exchange that at its meeting held on January 16, 2004 the BOD have approved the following: 1) The Board has approved the Sub-division of equity shares of the company from face value of Rs.5/- each to Rs.1/- each subject to the approval of the shareholders in the ensuing General Meeting. 2) Mr. K S Jaiprakash has resigned as Director of the Company and the Board has accepted the resignation. 3) Mr. Bimal Dhar has been appointed as additional director of the company. 4) Mr. Pankaj Mital has been appointed as Alternate Director to Mr. Bimal Dhar.

Motherson Sumi Systems Ltd. has informed the Exchange that Sumitomo Wiring Systems, Japan has nominated Mr. Toshimi Shirakawa as a Director of the Company in place of Mr. Y. Nishioka. The above change(s) in the Directors of the Company has been approved by the Board of Directors in their meeting held on September 17, 2003.

Motherson Sumi Systems Ltd. has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the quarter ended on June 30, 2003 and found the same to be in order.

Motherson Sumi Systems Ltd. has informed the Exchange that at its meeting held on May 29, 2003 the BOD have recommended a dividend @75% (Rs. 3.75 per share) for the year ended March 31, 2003.

Motherson Sumi Systems Ltd. has informed the Exchange about a news item appearing in the Economic times dated May 8, 2003 titled " Motherson bags $125-m order from Ford UK". The Company would like to clarify their positions as follows:- "1. Being an OEM supplier, we are always exploring the possibility of supply of various components to local and global customers. 2. On receipt of query from the Economic Times correspondent, we had informed her that since we are at an advanced stage of discussion with various customers for many projects, we cannot confirm or negate information which she has. We had further advised her not to publish any premature information to the markets. 3. However, we find that the paper has still carried the report and we would like to confirm that we have no order as mentioned in the newspaper as of now in our hand. 4. We assure the stock exchange that when ever we have any development which has a significant impact on the company we will inform the Stock Exchange first."