Bank of baroda

Bids by Eligible Employees
For the purpose of the Employee Reservation Portion, Eligible Employee means permanent employees of the Bank and
its Subsidiaries as of September 30, 2005, who are Indian Nationals, are based in India and are physically present in
India on the date of submission of the Bid- cum-Application Form.
Bids under Employee Reservation Portion by Eligible Employees shall be:
Made only in the prescribed Bid cum Application Form or Revision Form (i.e. pink colour Form).
Eligible Employees, as defined above, should mention the following at the relevant place in the Bid cum Application
Form:

---

362
BANK OF BARODA
–
Name of the employer
–
Employee Number
The sole/ first bidder should be an Eligible Employee as defined above.
Only Eligible Employees would be eligible to apply in this Issue under the Employee Reservation Portion.
Eligible Employees will have to bid like any other Bidder. Only those Bids, which are received at or above the Issue
Price, would be considered for allocation under this category.
Eligible Employees who apply or bid for securities of or for a value of not more than Rs. 100,000 in any of the
bidding options can apply at Cut-Off. This facility is not available to other Eligible Employees whose Bid Amount
exceeds Rs. 100,000.
Bid/ Application by Eligible Employees can be made also in the “Net Issue to the Public” and such Bids shall not
be treated as multiple Bids.
If the aggregate demand in this category is less than or equal to 7,100,000 Equity Shares at or above the Issue
Price, full allocation shall be made to the Eligible Employees to the extent of their demand.
Undersubscription, if any, in the Employee Reservation Portion, would be allowed to be met first with spill over from
the Retail Portion and then from any other category. In case of under-subscription in the Net Issue, spillover to the
extent of under-subscription shall be permitted from the Employee Reservation Portion.
If the aggregate demand in this category is greater than 7,100,000 Equity Shares at or above the Issue Price, the
allocation shall be made on a proportionate basis. For the method of proportionate basis of allocation, refer to para
“Basis of Allotment” on page 367 of this Red Herring Prospectus.
This is not an issue for sale within the United States of any equity shares or any other security of the Bank.
Securities of the Bank, including any offering of its equity shares, may not be offered or sold in the United States
in the absence of registration under U.S. securities laws or unless exempt from registration under such laws.