November 25, 2014
Ms. Arpita A. Joshi
Deputy Manager - Listing Compliance Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400001

Ref: Your email dt. November 25, 2014 seeking clarification on a press release titled "Ame ri can TowerCorporation and Bharti Airtel Limited announce Agreement for the Sale of Tower Portfolio in Nigeria"dt. November 24, 2014.

Dear Ms. Joshi,
In response to your preceding e-mail, we would like to state as follows: The aforesaid press release is a pass through release from our subsidiary company, Bharti Airtel International
(Netherlands) BV and was intended to ensure that an update with regard to our subsidiary entering into an agreement to sell its towers in Nigeria (the transaction closing is expected in due course) must be notified to the Stock Exchanges.
While ATC and our subsidiary have made a joint press release, the disclosure of the consideration amount has been from the statutory filings by ATC with the SEC. Furthermore the consideration amount may undergo certain adjustments though not materially.
In these circumstances and to avoid share price speculation, we believe that disclosure of consideration must be avoided.
Thanking you, Sincerely Yours
For Bharti Airtel Limited

Sd/-

Rajendra Chopra

Dy. Company Secretary

Bharti Airtel Limited [CIN: L74899DL1995PLC070609]

(a Bharti Enterprise)

Regd. & Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110 070

T.: +91-11-4666 6100, F.: +91-11-4166 6137, Email id: compliance.officer@bharti.in, Website: www.airtel.in

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