Released on = July 30, 2007, 10:35 pm

Press Release Author = ICICI Bank

Industry = Financial

Press Release Summary = At an award ceremony, Mr. Madhav Kalyan, Chief Executive,
Hong Kong Branch and Regional Head, North Asia received the award on behalf of ICICI
Bank.

Press Release Body = Honk Kong 31 July 2007, At an award ceremony, Mr. Madhav
Kalyan, Chief Executive, Hong Kong Branch and Regional Head, North Asia received the
award on behalf of ICICI Bank.

Since 1992, Euro-money, the world's leading publication for the global banking and
capital markets has singled out the outstanding institutions in the finance
industry. The Awards for Excellence incorporate 25 global awards for banking and
capital markets. The awards have one central theme they recognize institutions and
individuals that demonstrate leadership, innovation and momentum in the markets in
which they excel.

Web Site = http://www.icicibank.com

Contact Details = ICICI Bank Limited
ICICI Bank Phone Banking Centre
P. O. Box No. 20
Banjara Hills P. O.
Hyderabad 500 034, India