Gulf Oil introduces Gulf Super Duty VLE 15W-40

A super high performance Diesel Engine Oil.

Mumbai, India: February 8, 2010: Gulf Oil Corporation Ltd., an established Lubricant Manufacturing company, strengthened its Diesel Engine Oil portfolio by introducing Gulf Super Duty VLE 15W-40, a super high performance diesel engine oil for low emission diesel engines of new generation trucks, buses and construction equipments. The product exceeds the requirements of API CI-4 specification and is approved against Daimler MB Approval 228.3, Volvo VDS - 3 and MAN M 3275. This state-of-the-art technology product meets the requirements of high performance engines in the vehicles conforming to BS III & BS II emission norms and even BS IV vehicles without particulate filters.

The product offers superior wear protection, engine cleanliness and extended oil drain interval up to 36,000 KMs. Gulf Super Duty VLE is suitable for on-highway heavy duty and light duty trucks and heavy duty diesel engines used in mining, construction & other off-highway applications.

Speaking about this product, Mr. Ravi Chawla, President-Lubes Business said "Gulf Oil understands the special needs of its customers and is always working towards introducing high technology, high performance engine oils. We specifically developed Gulf Super Duty VLE 15W-40, keeping in mind the stringent requirements of latest technology heavy duty diesel engines. Proven globally, Gulf Super Duty VLE 15W-40 is now available to our customers locally."

About Gulf Oil

Gulf Oil Corporation Limited (GOCL), part of the Hinduja Group of companies, is an established company in the lubricants market in India & markets a wide range of products/services for the automotive business including lubricants, car care, filters and lubrication systems. Present in more than 80 countries across the world, the Gulf brand is one of the most instantly recognizable and powerful brands in the world.

The company's mission is to provide its customers with technologically-advanced lubricants at a competitive price backed by efficient service. The Group's strength is to provide world-class products and services by adopting the Global technology to local market needs.

Disclaimer:

"Gulf Oil Corporation Limited" is proposing, subject to market conditions and other considerations, a rights issue of its equity shares and the Company has filed a Draft Letter of Offer with SEBI. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the website of the Lead Manager, Edelweiss Capital Limited at www.edelcap.com. Any potential investor should note that investment in equity shares involves a high degree of risk. For details, please refer to the Draft Letter of Offer including the section titled "Risk Factors" of the Draft Letter of Offer.