DRAFT LETTER OF OFFER May 28, 2011 For circulation to the Equity Shareholders of our Bank only STATE BANK OF TRAVANCORE (Subsidiary of the State Bank of India) Our Bank was constituted under the State Bank of India (Subsidiary Banks) Act, 1959 as a subsidiary of State Bank of India. (For further details please refer to the chapter titled “History of our Bank and Other Corporate Matters” on page 51 of this Draft Letter of Offer.) Head Offi ce: Poojapura, Thiruvananthapuram-695 012 Tel: + 91 0471 2359975/2351903 Fax: +91 0471 2351861 Contact Person: Mr. V.Viswanathan, Compliance Offi cer E-mail:
[email protected] Website: www.statebankoftravancore.com FOR PRIVATE CIRCULATION TO THE EQUITY SHAREHOLDERS OF OUR BANK ONLY DRAFT LETTER OF OFFER ISSUE OF [●] EQUITY SHARES WITH A FACE VALUE OF `10/– EACH (“RIGHTS EQUITY SHARES”) FOR CASH AT A PRICE OF `[●]/– INCLUDING A PREMIUM OF `[●]/– AGGREGATING UPTO `500 CRORES TO THE EXISTING EQUITY SHAREHOLDERS OF OUR BANK ON RIGHTS BASIS IN THE RATIO OF [●] RIGHTS EQUITY SHARES FOR EVERY [●] EQUITY SHARES HELD ON THE RECORD DATE I.E. [●] (“RIGHTS ISSUE/ ISSUE”). THE ISSUE PRICE FOR THE RIGHTS EQUITY SHARES IS [●] TIMES THE FACE VALUE OF THE EQUITY SHARES. GENERAL RISKS Investments in equity and equity related securities involve a degree of risk and Investors should not invest any funds in this Issue unless they can afford to take the risk of losing their investment. Investors are advised to read the Risk Factors carefully before taking an investment decision in this Issue. For taking an investment decision, Investors must rely on their own examination of the Issuer and the Issue including the risks involved.