Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

• Security Code: 503031
• Company: PENINLAND

Peninsula Land Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : June 08, 2011
Name of the Company : Peninsula Land Ltd
Total no of outstanding shares of the Company : 27,92,01,220

Name of the Entity: Ashok Piramal Group Real Estates Trust (being shareholder of erstwhile Topstar mercantile Pvt Ltd) #

Details of Transaction
Date of Transaction : May 26, 2011
Number of Shares pledged / revoked : 76,00,000 (Revoked)

Aggregate details after the transaction
Total no of shares held by the entity in the company: 11,68,82,052
Total No of shares pledged : 1,25,04,700
% of total shares pledged to total no of shares held by the entity in the Company : 10.70%
% of shares pledged to total no of outstanding shares of the Company : 4.48%

Name of the Entity: Ashok Piramal Group Real Estates Trust (being shareholder of erstwhile Topstar mercantile Pvt Ltd) #

Details of Transaction
Date of Transaction : June 03, 2011
Number of Shares pledged / revoked : 40,00,000 (Revoked)

Aggregate details after the transaction
Total no of shares held by the entity in the company: 11,68,82,052
Total No of shares pledged : 85,04,700
% of total shares pledged to total no of shares held by the entity in the Company : 7.28%
% of shares pledged to total no of outstanding shares of the Company : 3.05%

Name of the Entity: Ashok Piramal Group Real Estates Trust (being shareholder of erstwhile Topstar mercantile Pvt Ltd) #

Details of Transaction
Date of Transaction : June 07, 2011
Number of Shares pledged / revoked : 85,04,700 (Revoked)

Aggregate details after the transaction
Total no of shares held by the entity in the company: 11,68,82,052
Total No of shares pledged : Nil
% of total shares pledged to total no of shares held by the entity in the Company : NIl
% of shares pledged to total no of outstanding shares of the Company : Nil

## Pursuant to the Scheme of Amalgamation and Arrangement of Topstar Mercantile Pvt Ltd (“Topstar”) and Peninsula Land Limited (“PLL”) and their respective shareholders and creditors, Effective Date being May 17, 2011, Topstar has ceased to be a legal entity, due to which its shareholder, being Ashok Piramal Group Real Estate Trust is entitled to its shareholding in the Company.