RELIANCE POWER TO ISSUE BONUS SHARES IN THE RATIO OF 3:5

RELIANCE POWER TO ISSUE BONUS SHARES IN THE RATIO OF 3:5 TO OVER 4.1 MILLION PUBLIC SHAREHOLDERS

RELIANCE POWER FIXES BOOK CLOSURE DATES FOR ISSUE OF BONUS SHARES

Mumbai, April 25, 2008: Reliance Power Limited today announced date of closure of its Register of Members from Tuesday, June 3, 2008 to Thursday, June 5, 2008 for the purpose of determining the entitlement of shareholders to the Bonus shares to be issued by the Company.

As approved by the shareholders of the Company, Reliance Power will issue Bonus shares in the ratio of three new equity shares of Rs 10 each for every five existing equity shares of Rs 10 each held, to the public shareholders of the Company.

The bonus shares will be issued to those shareholders whose names appear in the Register of Members as at the end of the close of business hours on Monday, June 2, 2008.

source: Reliance Power Ltd.