Dhirubhai Ambani and Reliance

EXHIBIT III
CHRONOLOGY OF EVENTS

YEAR	EVENTS
1932	Dhirubhai Ambani was born.
1949	At the age of 17, he went to Aden, and worked for A. Besse & Co., the sole selling distributor of Shell products.
1958	Dhirubhai Ambani returned to India.
1958	Started his first company in Mumbai, Reliance Commercial Corporation, a commodity trading and export house.
1966	Set up a textile mill in Naroda, Ahmedabad - the first step in Reliance's road to success.
1977	Reliance goes public and heralds the equity cult in India.
1980	Announces Rs 1 billion Patalganga project to integrate into fibres.
1986	Dhirubhai suffers stroke. Anil and Mukesh catapulted to the hot seat.
1988	Fibre intermediates and chemical production starts.
1989	Floods ravage Patalganga complex.
1991	First plant of the Rs 90 billion Hazira project commissioned.
1992	First ever GDR by an Indian company.
1993	Expansion into plastics and PVC.
1994	Major expansion planned to triple Hazira petrochemical's capacity to 6 mtpa.
Jan, 1994	Chosen 'Businessman of the Year 1993' by Business India.
1994	Awarded the Companion Membership of the Textile Institute, UK, an award which is limited to 50 living members who have "substantially advanced the general interests of the industries based on fibres.
1995	Becomes the first Indian company to report a net profit of Rs 10 billion.
1996	Becomes the first Indian company to be rated by S&P and Moody's.
1997	World's largest multi-feed cracker commissioned in Hazira, first Asian company to raise 100-year debt.
1997	Commences cellular services.
1999	World's largest grassroot refinery commissioned at Jamnagar.
2001	Reliance life sciences incorporated.
2002	RPL merged with RIL.
2002	Wins IPCL through competitive bidding.
6-Jul-02	Dhirubhai Ambani passes away.