MADRAS FERTILIZERS LIMITED
		Distribution of Shareholding
		as on 30.9.2004
Category		No. of Shares	% of
		held	shareholding
A) Promoters Holdings
1) Promoters
Indian Promoter		95851700	59.50
Foreign Promoter		41516500	25.77
2) Persons acting in concert		Nil	Nil
Sub Total		137368200	85.27
B) Non-Promoters Holdings
3) Institutional Investors
a) Mutual Funds and UTI		2400	0.00
b) Banks, Financial Institutions		522934	0.32
Insurance Companies (Central /
State Govt. Institutions / Non-
Govt. Institutions
c) Foreign Institutional Investors		Nil	Nil
Sub Total		525334	0.32
4) Others
a) Private Corporate Bodies		4118616	2.56
b) Indian Public		18694286	11.60
c) NRI/OCBs		44850	0.03
d) Trust		4750	0.00
e) Other than specified above		345264	0.22
(Clearing Member)
Sub Total		23207766	14.41
Grand Total		161101300	100.00
Paid-up Shares		161101300	100.00
1) Persons holding more than 1% of the Shares of the Company
Name	Category	Shares	% of Shares
The President of India	Indian Promoter	95851700	59.50
Naftiran Inter Trade Company Ltd.	Foreign Promoter	41516500	25.77
(Affiliate of National Iranian Oil Co.)
Total		137368200	85.27
2) Total Foreign Shareholding in number of shares and percentage
Particulars		Shares	% of Shares
Foreign Promoters, FII, NRI / OCB		41561350	25.80
(including ADR/GDR holding)