ICICI Bank - ICICI Bank: Clarifies 98% of ICICI Bank UK PLC's non-India investment book is rated investment brand and above

ICICI Bank UK PLC has aught acknowledgment to US sub-prime credit, whether anon or through acclaim derivatives such as CDOI CLNI CDS.
· About 98% of ICICI Bank UK PLC's non-India investment book of USD 3.5 billion is rated investment brand and aloft (by S&PI Moody'sl Fitch). About 89% is rated A- and aloft (by S&PI Moody'sl Fitch).
· Only about 18% of ICICI Bank UK PLC's non-India investment book is acknowledgment to the United States.
· In addition, ICICI Bank UK PLC holds banknote agnate instruments (inter-bank placements and certificates of deposit) of USD 1.1 billion.
There is no acknowledgment to US banks in this category.
· ICICI Bank UK PLC has a absolute antithesis area admeasurement of USD 8.5 billion and has aught NPLs on the antithesis portfolio of USD 3.9 billion.
· As on the endure antithesis area date of June 30, 2008, ICICI Bank UK PLC had a basic adequacy arrangement of 17.4%.

ICICI Bank (NYSE:IBN) is India's additional better case and better clandestine area case with over 50 years attendance in banking casework and with assets of Rs. 3,569.32 billion as on June 30, 2007. The Bank offers a advanced ambit of cyberbanking articles and banking casework to accumulated and retail barter through a array of accumulation channels and through its specialized subsidiaries in the areas of investment banking, activity and non-life insurance, clandestine disinterestedness and asset management. ICICI Bank is a arch amateur in the retail cyberbanking bazaar and casework its ample chump abject through a arrangement of over 950 branches and addendum counters, 3,515 ATMs, alarm centres and internet cyberbanking (www.icicibank.com) to ensure that barter accept acceptance to its casework at all times.

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