With reference to the news item appearing in leading portal titled, "Sesa Goa spurts on probable change of guard", Sesa Goa Ltd has clarified the Board of Directors of the Company at its meeting held on December 22, 2006 discussed this issue and considering the seriousness of the news item, sought a clarification from Mistsui & Co on this report.
Further, the Company has received the following clarification from Mitsui & Co on the aforesaid news item:
Quote:
"Mitsui is not in a position to comment on market rumor or speculation including such a news article".