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Comments of Mr. Ravi Ruia, Vice Chairman, Essar Group
on complition of acquisition of HTIL's stake in Hutchison Essar Limited by Vodafone.
May 09, 2007    

"We are delighted that Vodafone has received all regulatory approvals and has completed the acquisition of Hutchison's shareholding in Hutchison Essar. We welcome Vodafone as our new partner and together we expect to bring to Indian consumers an entirely new experience in mobile telephony. We look forward to building, together with Vodafone, the most valuable telecom company in India".

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