Mumbai, August 22, 2009:- The Foundation Stone of a GAIL sponsored Radiation Oncology Center at the Cama & Albless Hospital was laid by Shi Murli Deora, Hon’ble Union Minister for Petroleum and Natural Gas here today. Shri Suresh Shetty, Hon’ble Minister of State for Medical Education, Higher & Technical Education, Tourism, Special Assistance and Parliamentary Affairs, Government of Maharashtra, Shri Milind Deora, Hon’ble Member of Parliament, Mrs. Annie Shekhar, Hon’ble M.L.A., Shri B. C. Tripathi, Chairman and Managing Director, GAIL, Shri Apurva Chandra, Joint Secretary (Marketing), Ministry of Petroleum and Natural Gas, Government of India, Shri Bhushan Gagrani, Secretary, Medical Education & Drugs Department, Government of Maharashtra, other senior officials of the State Government and GAIL were also present on the occasion.

GAIL has made a contribution of Rs. 20 crore for setting up of the Radiation Oncolgy Center. The project would involve procurement of a Linear Accelerator machine for treatment of cancer patients. This state-of-art machine would enable more precise targeted destruction of cancer cells. It is understood that such treatment machine is presently not available in any hospital in and around Mumbai.

Speaking on the occasion, Shri Deora recalled that during one of his visits to the Hospital, he was made aware of this requirement and felt that it was necessary specially as the Hospital was catering to the not so privileged persons specially women. He said the contribution made by GAIL for this Radiation Oncology Center is one of the single largest such contribution by any oil and gas sector PSU under their CSR programmes.

Shri B. C. Tripathi, Chairman and Managing Director, GAIL said that GAIL was privileged to be associated in helping the hospital in getting state-of-art cancer treatment facility. GAIL, he said, has been taking up a number of meaningful socially useful programmes across the country, specially focused in the rural areas where the company has a significant presence, for upliftment of the under privileged segment of the society.

The setting up of the Radiation Oncology Center as an initiative of Shri Murli Deora, Hon’ble Union Minister of Petroleum and Natural Gas and his active role and guidance in the setting up of the Center was widely acknowledged by the various dignitaries present at the occasion.

At GAIL, Corporate Social Responsibility stands for continuing commitment for operating the core business in socially responsible way, complemented by investment in communities to produce an overall positive impact on society. The Company as a policy has allocated 2% of its net profit after tax (PAT) of the previous financial year for CSR activities across all its work centres and offices. This overall budget is then distributed amongst seven specific thrust areas as community development, drinking water, sanitation, educational aid, environment protection, healthcare / medical, infrastructure, literacy enhancement/ empowerment.

In the state of Maharashtra the CSR spends, other than the contribution to Cama Hospital, have been to the tune of Rs. 2 crore over the last 3 years. The programmes taken up by GAIL in Maharashtra under CSR include distribution of Sewing Machine & Tricycles, cataract surgeries, adoption of 1000 girls through Nanhi Kali programme, adoloscent sensitisation programme, contribution for Watershed, purchase of school bus for mentally challenged students, construction of cement concrete road, providing drinking water pipelines, etc.

About GAIL (India) Limited

GAIL (India) Limited is India’s largest natural gas company having a market share of 79% in natural gas transmission and 70% in natural gas marketing. Apart from natural gas transmission, distribution and processing, the Company has diversified business interests in LPG transmission, petrochemicals, city gas projects and Exploration and Production activities. The Company has presence in Egypt and China through city gas projects and in Myanmar and Oman in E & P. GAIL has set up a wholly- owned subsidiary company viz. GAIL Global (Singapore) Pte. Ltd. in Singapore.

GAIL’s turnover during the last ten years has shown a compounded annual growth rate of 15 per cent. The Company recorded a Turnover of Rs. 23,776 crore and Profit After Tax of Rs. 2,804 crore in the year 2008-09.

GAIL possesses over 7000 km of natural gas pipeline transmission network with a capacity of 155 MMSCMD and is laying five new natural gas pipelines measuring 5000 km. involving a capex of nearly Rs. 28,000 crore, which shall enhance the transmission capacity to around 300 MMSCMD in the next 3 to 4 years.