Dear Comrades,

You are aware that AIIEA have consistently pursued the matter with CO for
exgratia in lieu of PLLI. We pointed out LIC has increased its market share
last financial year despite slowdown in the economy and fall in financial savings
also. Hence we demanded that performance is to be rewarded suitably.

Now we got good news from AIIEA.

"Tha LIC board that met today has approved 4 percent exgratia in lieu of PLLI.
Congrats and let us continue to defend and strengthen LIC" -AMANULLAKHAN

HATS OFF TO AIIEA.

Comradely yours,

K SWAMINATHAN