Tata Steel - VolkerWessels increases investment in UK rail

Tata Steel Ltd has informed that on November 26, 2008, Corus UK sold its 50% stake held in GrantRail Group Ltd to VolkerWessels, its joint venture partner. GrantRail Group is providing rail infrastructure services and is not a part of Corus' core business i.e. steel production activities. In this connection, Corus and VolkerWessels jointly issued the Press Release titled "VolkerWessels increases investment in UK rail".