A US $28 billion corporation with a market cap of US $31.

5 billion and in the league of Fortune 500, the Aditya Birla Group is anchored by an extraordinary force of 100,000 employees, belonging to 25 different nationalities. In India, the Group has been adjudged "The Best Employer in India and among the top 20 in Asia" by the Hewitt-Economic Times and Wall Street Journal Study 2007. Over 50 per cent of its revenues flow from its overseas operations. The Group operates in 20 countries: India, Thailand, Laos, Indonesia, Philippines, Egypt, China, Canada, Australia, USA, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg, Switzerland, Malaysia and Korea.

Globally the Aditya Birla Group is:

1 A metals powerhouse, among the world's most cost-efficient aluminum and copper producers. Hindalco-Novelis from its fold, is a Fortune 500 company. It is the largest aluminium rolling company. It is one of the three biggest producers of primary aluminum in Asia, with the largest single location copper smelter. 2. No.1 in viscose staple fibre 3. The fourth largest producer of insulators 4. The fourth largest producer of carbon black 5. The 11th largest cement producer globally 6. Among the world's top 15 BPO companies and among India's top three 7. Among the best energy efficient fertiliser plants

ABG in INDIA 1. A premier branded garments player 2. The second largest player in viscose filament yarn 3. The second largest in the chlor-alkali sector 4. Among the top five mobile telephony companies 5. A leading player in life insurance and asset managemet 6. Among the top three supermarket chains in the retail business

A leader for the youth of India

The leader should leverage his understanding of critical issues to connect people across divides, while he himself communicates and connects with the diverse segments of society

Our Vision
To be a premium global conglomerate with a clear focus on each business.

Our Mission
To deliver superior value to our customers, shareholders, employees and society at large.

Our Values Integrity Commitment Passion Seamlessness Speed

Rock solid in fundamentals, the Aditya Birla Group nurtures a culture where success does not come in the way of the need to keep learning afresh, to keep experimenting

The roots of the Aditya Birla Group date back to the 19th century in the picturesque town of Pilani set amidst the Rajasthan desert. It was here that Seth Shiv Narayan Birla started trading in cotton, laying the foundation for the House of Birlas. Through India's arduous times of the 1850s, the Birla business expanded rapidly. In the early part of the 20th century, our Group's founding father, Ghanshyamdas Birla, set up industries in critical sectors such as textiles and fibre, aluminum, cement and chemicals. As a close confidante of Mahatma Gandhi, he played an active role in the Indian freedom struggle. He represented India at the first and second round-table conference in London, along with Gandhiji. It was at "Birla House" in Delhi that the luminaries of the Indian freedom struggle often met to plot the downfall of the British Raj. Ghanshyamdas Birla found no contradiction in pursuing business goals with the dedication of a saint, emerging as one of the foremost industrialists of pre-independence India. The principles by which he lived were soaked up by his grandson, Aditya Vikram Birla, our Group's legendary leader.

Aditya Vikram Birla: putting India on the world map

A formidable force in Indian industry, Mr. Aditya Birla dared to dream of setting up a global business empire at the age of 24. He was the first to put Indian business on the world map, as far back as 1969, long before globalization became a buzzword in India. In the then vibrant and free market South East Asian countries, he ventured to set up world-class production bases. He had foreseen the winds of change and staked the future of his business on a competitive, free market driven economy order. He put Indian business on the globe, 22 years before economic liberalization was formally introduced by the former Prime Minister, Mr. Narasimha Rao and the former Union Finance Minister, Dr. Man Mohan Singh. He set up 19 companies outside India, in Thailand, Malaysia, Indonesia, the Philippines and Egypt. Interestingly, for Mr. Aditya Birla, globalization meant more than just geographic reach. He believed that a business could be global even whilst being based in India. Therefore, back in his home-territory, he drove single-mindedly to put together the building blocks to make our Indian business a global force. Under his stewardship, his companies rose to be the world's largest producer of viscose staple fiber, the largest refiner of palm oil, the third largest producer of insulators and the sixth largest producer of carbon black. In India, they attained the status of the largest single producer of viscose filament yarn, apart from being a producer of cement, grey cement and rayon grade pulp. The Group is also the largest producer of aluminum in the private sector, the lowest first cost producers in the world and the only producer of linen in the textile industry in India. Most importantly, his companies earned respect and admiration of the people, as one of India's finest business houses, and the first Indian International Group globally. Through this outstanding record of enterprise, he helped create enormous wealth for the nation, and respect for Indian entrepreneurship in South East Asia. In his time, his success was unmatched by any other industrialist in India.

Aditya Birla group 1857 - 2007

2007 :
::

India Today Group's Readers Digest Gold Award 2007 in recognition of the work that truly exemplifies the highest values of society as well as those of Reader's Digest at the Pegasus Corporate Social Responsibility Awards :: Hindalco awarded the CII - Sorabji Green Business Centre "National Award for Excellence in Water Management 2007".
::

In May 2007, Novelis became a Hindalco subsidiary with the completion of the acquisition process. The transaction makes Hindalco the world's largest aluminum rolling company and one of the biggest producers of primary aluminum in Asia, as well as being India's leading copper producer.

2006 :: Hindalco in a joint venture with Almex USA Inc. :: TransWorks Information Services announces success of bid to acquire Minacs Worldwide :: Grasim Industries Limited, India; Thai Rayon Public Company Limited, Thailand and P.T. Indo Bharat Rayon, Indonesia form a JV with Hubei Jing Wei Chemical Fibre Company, China, for VSF. :: Hindalco awarded the Greentech Safety Silver Award for its outstanding safety performance during 2005-06. 2005 :: Indian Rayon re-christened as Aditya Birla Nuvo. :: Aditya Birla Group to set up a world-class aluminium project in Orissa. :: The Aditya Birla Group signs a framework agreement to acquire St Anne Nackawic Pulp Mill, Canada. 2004 :: Board reconstituted with Mr. Kumar Mangalam Birla taking over as Chairman. :: Completion of the implementation process to demerge the cement business of L&T and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech. :: Grasim, Nagda, received the FICCI Annual Award 2003-2004 in recognition of corporate initiaitve in rural development. :: Bihar Caustic and Chemicals Ltd., Rehla, Jharkhand, has received the FICCI Annual Award 2003-2004 in recognition of corporate initiative in family welfare.

:: Hindalco recieves India CFO Award 2004 for excellence in finance in a large corporate. :: Scheme of Arrangement announced to merge Indal with Hindalco. :: Indian Rayon completes its brownfield expansion of 40,000 TPA at Hi-Tech Carbon, Gummidipundi, taking total capacity to 1,60,000 TPA. :: Deming Award for Indo Gulf. :: Indal wins FICCI Award 2002-2003 for 'Corporate Initiative in Rural Development'. 2003 :: Mr. Kumar Mangalam Birla, Chairman of the Group, is selected as Business India's Businessman of the Year - 2003. :: Mr. Kumar Mangalam Birla is selected as The Economic Times' Business Leader of the year. :: The Group is ranked 16th in India's first ever survey of 'Great places to work in', published in Business World magazine. The Group's joint venture concern, Birla Sun Life Insurance, is ranked 9th in the same study. :: The Group is ranked 20th in a study on the 'Best Employers in India', conducted by Hewitt Associates and Business Today. :: Hindalco receives the Asian CSR Award for its "Rural Poverty Alleviation Programme". The Asian CSR Awards are Asia's premier awards programme on Corporate Social Responsibility. :: The Group acquires the Mount Gordon Copper mines in Australia, another strategic step in becoming a globally competitive copper player. :: Liaoning Birla Carbon, the Group's first carbon black company in China, is incorporated. :: Indian Rayon acquires TransWorks, a leading Indian ITES / BPO company. :: The board of engineering major Larsen & Toubro Ltd (L&T) decides to demerge its cement business into a separate cement company (CemCo), in which L&T will retain 20 per cent of its equity with the balance to be distributed to their shareholders in proportion to their shareholding in L&T. As a consequence, Grasim to acquire an 8.5 per cent equity stake from L&T and then make an open offer for 30 per cent of the equity of CemCo, to acquire management control of CemCo. :: The Group divests its entire 37.38 per cent equity stake in Mangalore Refineries and Petrochemicals Ltd (MRPL) to the Oil and Natural Gas Corporation (ONGC). :: Birla Copper acquires the Nifty Copper Mines in Australia, as part of a strategic plan to make the company an integrated copper producer, and source raw material for its copper smelter at Dahej, Gujarat. :: Indian Rayon formally launches its insulators joint venture with NGK Insulators Ltd., Japan, christening it as "Birla NGK Insulators Private Limited.

:: Birla Copper, a strategic business unit of Hindalco, is accorded London Metal Exchange (LME) registration. Its copper cathodes are approved as 'Grade A' copper brand by LME. 2002 :: The Grasim board approves an open offer for purchase of up to 20 per cent of the equity of L&T, in accordance with the provisions and guidelines issued by the Securities & Exchange Board of India Regulations, 1997. :: Grasim increases stake in L&T to 14.15 per cent (351.84 lakh shares). :: Landmark corporate restructuring of Hindalco and Indo Gulf. The fertiliser business of Indo Gulf to be demerged into a separate company called Indo Gulf Fertilisers. Indo Gulf's copper business to be merged with Hindalco, creating a non-ferrous metals powerhouse. :: Grasim divests its Gwalior unit to Melodeon Exports Limited, and consolidates textile operations at a single location in Bhiwani, MP, which will manufacture both 'Grasim' and 'Graviera' brands. :: PSI Data Systems acquires Birla Technologies Ltd, bringing the Group IT services business under one umbrella. :: Indal acquires a controlling stake in Anapurna Foils Ltd (AFL), to augment its position in the foil and packaging sectors. Subsequently AFL is merged with Indal. :: The Group receives The Economic Times' "Corporate Citizen" of the year award. 2001 :: Grasim acquires 2.50 crore shares -- representing just over 10 per cent of the equity -- in L&T from Reliance Industries Ltd. :: Birla Consultancy & Software Services spun off; becomes a separate entity called Birla Technologies Ltd. :: Indian Rayon acquires a stake in PSI Data Systems, in one of the largest cash transactions in the Indian technology sector. :: Grasim closes its pulp plant at Mavoor as a part of its restructuring initiatives. 2000 :: Indian Rayon acquires Madura Garments and selected overseas brand rights, taking the Group to the top of the league in the branded apparels sector. :: The Group forays into e-business through a strategic alliance of its software arm, Birla Software and Consultancy Services (BCSS), with Lawson Software

:: ::

::

:: ::

(USA). 'Gyanodaya', the Institute of Management Learning of the Adiya Birla Group, is inaugurated. Hindalco acquires Indal. The Indal board is reconstituted. Mr Kumar Mangalam Birla becomes Indal's new chairman. The Group holding goes up to 74.6 per cent, and further increases to 96 per cent in FY'03. The Insurance Regulatory Development Authority (IRDA) grants registration in principle to Birla Sun Life Insurance Company. Indian Rayon acquires major world rights for international apparel brands Louis Philippe, Allen Solly and Peter England. The Group announces its intention to launch a 450 MW `Green Power Project' in Karnataka . The merger of Birla AT&T and Tata Cellular is completed.

1999 :: A joint venture with financial services major Sun Life of Canada is inked, as part of the overall restructuring of the Group's financial services business. 1998 :: The Group forms a 50:50 joint venture company with Tembec Inc. of Canada, called A.V. Cell Inc., to supply pulp for the Group's VSF operations. :: Grasim acquires Dharani Cement and Shree Digvijay Cement to consolidate the group's leadership position in cement. :: The cement businesses of Indian Rayon and Grasim are consolidated into a single division of Grasim the biggest restructuring ever by any corporate entity in India. :: The Group forays into copper with the commissioning of Indo Gulf's copper smelter the largest of its kind in India. :: Thai Organic Chemicals begins commercial operations of Chlor-Alkali and Epichlorohydrin. 1996 :: To honour the memory of the late Aditya Birla, a new corporate logo Aditya, the rising sun is launched. :: All group companies are consolidated under the umbrella of the Aditya Birla Group, led by Mr Kumar Mangalam Birla. :: P.T. Indo Liberty Textiles is incorporated to manufacture yarn in Indonesia.

1995 :: The Group enters the telecommunications sector through a joint venture with AT&T (USA). :: Thai Sulphites & Chemicals is incorporated to manufacture sodium sulphite and sodium metabisulphite. 1994 :: The Birla Growth Fund is renamed Birla Global Finance Limited, as its span of operations expands. :: Alexandria Carbon Black, the Group's first joint venture with the Egyptian government, is established. 1992 :: Thai Epoxy and Allied Products commences production of Epoxy Resins in Thailand. 1991 :: Pan Century Oleochemicals commences production of fatty acids and glycerine in Malaysia. 1990 :: Mr Kumar Mangalam Birla gets actively involved in the Group's operations. 1989 :: Thai Peroxide commences manufacturing of hygrogen peroxide solutions in Thailand. 1988 :: The government liberalises the petroleum industry. The Aditya Birla Group enters into a joint venture with Hindustan Petroleum Corporation Ltd to set up a three-million-tonne refinery, Mangalore Refineries and Petrochemicals Ltd (MRPL), at Mangalore, Karnataka. 1987 :: Indian Rayon is renamed as Indian Rayon and Industries Limited (IRIL), to reflect its wide horizon of activities. :: Thai Acrylic Fibre is incorporated to produce fibre and tow.

1986 :: The Birla Growth Fund is set up to finance industrial equipment, plant and machinery and consumer durables, as well as for stock market operations. 1985 :: India's first gas-based fertiliser plant in the private sector Indo Gulf goes on stream at Jagdishpur, UP. 1984 :: Thai Polyphosphates and Chemicals commences production of sodium phosphates in Thailand. 1982 :: P.T Indo Bharat Rayon is established. It is the first producer of Viscose Staple Fibre in Indonesia. 1978 :: Thai Carbon Black, the Group's first carbon black company is incorporated in Thailand. 1977 :: Pan Century Edible Oils is incorporated in Malaysia, going on to become the world's largest single-location palm oil refinery. 1975 :: The Indo Phil Group of companies, the first Indo-Filipino joint venture commences production of spun yarn. 1974 :: Thai Rayon, the Group's Viscose Rayon Staple Fibre business is incorporated in Thailand. 1973 :: P.T. Elegant Textiles is established to manufacture spun yarn. It marks the Group's first venture in Indonesia.

1969 :: Aditya Birla sets up Indo-Thai Synthetics Company Ltd, the group's first overseas company. 1967 :: Hindalco sets up a captive power plant at Renusagar - a significant strategic move. 1966 :: The Indian Rayon Corporation Ltd is acquired. 1965 :: Aditya Birla, grandson of the legendary Ghanshyamdas Birla, starts the Eastern Spinning Mills & Industries. 1962 :: Hindalco commences production at its aluminium complex at Renukoot, UP. 1958 :: Hindalco is incorporated. 1947 :: Grasim is incorporated. It commences operations with a small rayon weaving unit at Gwalior, MP. 1919 :: Ghanshyamdas Birla, grandson of Shiv Narayan Birla, sets up the first Birla jute mill, marking his entry into the manufacturing sector. Rapid business expansion follows. 1857 :: The foundation of the Birla Group of Companies is laid by Seth Shiv Narayan Birla cotton trading operations commence at Pilani, Rajasthan.

The Management body

The Aditya Birla Management Corporation Private Limited, is the Group's apex decision making body and provides strategic direction to Group companies. Its Board of Directors comprises: Mr. Kumar Mangalam Birla, Chairman

Mr. S. Aga

Mr. D. Bhattacharya

Mr. S. K. Jain

Dr. S. Misra

Mr. S. Misra Dr. B. K. Singh

Mr. K. K. Maheshwari

Mr. Vikram Rao

Mr. Ajay Srinivasan

The major companies of the Group are among India's leading corporate. These include:
Company Grasim :: UltraTech Cement Ltd* Products / services viscose staple fibre, rayon grade pulp, cement, chemicals, sponge iron, textiles ordinary portland cement, portland blast furnace slag cement, portland pozzolana cement and grey portland cement aluminium, copper aluminium foil caustic soda garments, viscose filament yarn, carbon black, textiles, insulators cellular telecommunications life insurance mutual funds mutual fund distribution application development, maintenance and enhancement solutions customer relations management (CRM), integrated marketing services, knowledge process outsourcing asset-based finance, corporate finance and investment banking, capital market and treasury non-life insurance advisory and broking services apparel retail apparel retail apparel exports multi-format stores fluorine chemicals iron and manganese ore mining, noble ferro alloys

Hindalco :: Indian Aluminium Company Ltd* :: Bihar Caustic and Chemicals Ltd* Aditya Birla Nuvo :: Idea Cellular Ltd.** :: Birla Sun Life Insurance Co.Ltd** :: Birla Sun Life Asset Management Company Ltd.** :: Birla Sun Life Distribution Company Ltd.** :: PSI Data Systems* :: Aditya Birla Minacs Worldwide Limited*

:: Birla Global Finance Ltd*

:: Birla Insurance Advisory & Broking Services Ltd :: Madura Garments Life Style Retail Co. Ltd* :: Peter England Fashions and Retail Ltd * :: Madura Garments Exports Limited* Aditya Birla Retail Limited Tanfac Industries Ltd.** Essel Mining & Industries Ltd

The products

key products and brands locations Hindalco Industries Ltd. alumina chemicals Renukoot (Uttar Pradesh), Muri (Jharkhand), Belgaum (Karnataka) primary aluminium Renukoot, Hirakud (Orissa), *Taloja extrusions Renukoot, Alupuram rolled products Belur(West Bengal), Taloja(Maharashtra), Renukoot, Mauda(Maharashtra) Renukoot, Alupuram(Kerala) Silvassa (Dadra & Nagar Haveli), Kalwa(Maharashtra) Silvassa (Dadra & Nagar Haveli)

capacities 1,160,000 tpa

country India

489,000 tpa 27,700 tpa 200,000 tpa

wire rods aluminium foil aluminium wheels

64,400 tpa 11,000 tpa 300,000 pcs

*For Taloja recycling plant

Indal (subsidiary of Hindalco) foil rolling Kollur (Andhra Pradesh) 4,000 tpa

key products and brands locations Birla Copper (Hindalco Industries Ltd.) copper cathodes Dahej (Gujarat) continuous cast copper rods sulphuric acid phosphoric acid gold (Birla Gold) silver (Birla Silver)

capacities 500,000 tpa 97,200 tpa 1,670,000 tpa 180,000 tpa 15 mt 150 mt

country India

DAP and complexes (Birla 400,000 tpa Balwan) Hindalco Industries Ltd. (Aditya Birla Minerals Resources Pty. Ltd.) copper cathodes Nifty mines 25,000 tpa

Australia

Our vision "To actively contribute to the social and economic development of the communities in which we operate. In so doing, build a better, sustainable way of life for the weaker sections of society and raise the country's human development index." Mrs. Rajashree Birla, Chairperson, The Aditya Birla Centre for Community Initiatives and Rural Development Making a difference Before Corporate Social Responsibility found a place in corporate lexion, it was already textured into our Group's value systems. As early as the 1940s, our founding father Shri G.D Birla espoused the trusteeship concept of management. Simply stated, this entails that the wealth that one generates and holds is to be held as in a trust for our multiple stakeholders. With regard to CSR, this means investing part of our profits beyond business, for the larger good of society. While carrying forward this philosophy, his grandson, Aditya Birla weaved in the concept of 'sustainable livelihood', which transcended cheque book philanthropy. In his view, it was unwise to keep on giving endlessly. Instead, he felt that channelising resources to ensure that people have the wherewithal to make both ends meet would be more productive. He would say, "Give a hungry man fish for a day, he will eat it and the next day, he would be hungry again. Instead if you taught him how to fish, he would be able to feed himself and his family for a lifetime." Taking these practices forward, our chairman Mr. Kumar Mangalam Birla institutionalised the concept of triple bottom line accountability represented by economic success, environmental responsibility and social commitment. In a holistic way thus, the interests of all the stakeholders have been textured into our Group's fabric. The footprint of our social work today straddles over 3,700 villages, reaching out to more than 7 million people annually.

Our community work is a way of telling the people among whom we operate that We Care.

Our strategy Our projects are carried out under the aegis of the "Aditya Birla Centre for Community Initiatives and Rural Development", led by Mrs. Rajashree Birla. The Centre provides the strategic direction, and the thrust areas for our work ensuring performance management as well.
Our focus is on the all-round development of the communities around our plants located mostly in distant rural areas and tribal belts. All our Group companies - Grasim, Hindalco, Aditya Birla Nuvo, Indo Gulf and UltraTech have Rural Development Cells which are the implementation bodies.

Projects are planned after a participatory need assessment of the communities around the plants. Each project has a one-year and a threeyear rolling plan, with milestones and measurable targets. The objective is to phase out our presence over a period of time and hand over the reins of further development to the people. This also enables us to widen our reach. Along with internal performance assessment mechanisms, our projects are audited by reputed external agencies, who measure it on qualitative and quantitative parameters, helping us gauge the effectiveness and providing excellent inputs. Our partners in development are government bodies, district authorities, village panchayats and the end beneficiaries -- the villagers. The Government has, in their 5-year plans, special funds earmarked for human development and we recourse to many of these. At the same time, we network and collaborate with like-minded bilateral and unilateral agencies to share ideas, draw from each other's experiences, and ensure that efforts are not duplicated. At another level, this provides a platform for advocacy. Some of the agencies we have collaborated with are UNFPA, SIFSA, CARE India, Habitat for Humanity International, Unicef and the World Bank.

Our focus areas Our rural development activities span five key areas and our single-minded goal here is to help build model villages that can stand on their own feet. Our focus areas are healthcare, education, sustainable livelihood, infrastructure and espousing social causes.

Education

Balwadis (pre-school) Adult education Non-formal education Continuing education Scholarships for girls, merit and technical education

Sustainable development and livelihood and agriculture and watershed development Self-help groups SGSY - dairy, readymade garments, jute project, basket making, aggarbati making, bee keeping, durrie making. Check dam Irrigation Land development Soil and water conservation Pasture development Social forestry/ plantation activities/ nursery Horticulture Farmer training

Social causes Widow / dowry-less mass marriages Women empowerment Awareness drives on knowledge, attitude and practices

The engineers choice

UltraTech Cement Limited, a Grasim subsidiary has an annual capacity of 17 million tonnes. It manufactures and markets Ordinary Portland Cement, Portland Blast Furnace Slag Cement and Portland Pozzolana Cement. UltraTech has five integrated plants, five grinding units and three terminals two in India and one in Sri Lanka. These include an integrated plant and two grinding units of the erstwhile Narmada Cement Company Limited, a subsidiary, which has been amalgamated with the company in May 2006. UltraTech is the country's largest exporter of cement clinker. The company exports over 2.5 million tonnes per annum, which is about 30 per cent of the country's total exports. The export markets span countries around the Indian Ocean, Africa, Europe and the Middle East. The cement division of L&T was demerged in 2004 after Grasim made the 30 per cent open offer for equity shares, gaining control over the new company, christened UltraTech. Besides the long term strategic value in the wake of rising demand for cement, with the growth of housing and infrastructure sectors in the country, the acquisition brings significant synergy gains to the parent company.

Ready Mix Concrete is likely to see substantial growth in the coming years. Recognising the opportunities that this business will offer, UltraTech has commenced setting up of Ready Mix Concrete plants at various places in the country.

UltraTech's subsidiaries are: Dakshin Cements Limited and UltraTech Ceylinco (Private) Limited.

Details of Ultra Techs production capacities Plant / Unit A Composite integrated plants Andhra Pradesh Cement Works Awarpur Cement Works Gujarat Cement Works Hirmi Cement Works Narmada Cement Jafrabad Works B Grinding units Arakkonam Cement Works Jharsuguda Cement Works Narmada Cement Ratnagiri Works Narmada Cement Magdala Works West Bengal Cement Works Total Kiln capacity (tpd) 8000 9500 15000 8050 4350 Capacity (million tpa) 2.3 3.3 5.3 1.6 0.4 1.2 0.8 0.4 0.7 1.0 17.0

All the plants of UltraTech are ISO 14001 Environment Management Systems certified and adhere to OHSAS 18001 standards. Clean technologies and processes that combine economic progress and sustainable environment have been adopted at UltraTech's plants at Awarpur and Ratnagiri in Maharashtra; Kovaya, Jafrabad and Magdalla in Gujarat; Hirmi in Chhattisgarh; Arakkonam in Tamil Nadu; Tadipatri in Andhra Pradesh; Jharsuguda in Orissa and Durgapur in West Bengal. Plant Awarpur Cement Works Hirmi Cement Works Jharsuguda Cement Works Gujarat Cement Works Andhra Pradesh Cement Works Arakkonam Cement Works Narmada Cement Company Limited Under process Under process ISO 9001 ISO 14001 OSHAS 18001

Under process

Ultra tech plants in India

National awards won by Awarpur Cement Works Year Award Indo-German Greentech Environment Excellence Awards by the 2000-2001 Greentech Foundation, New Delhi Business / Trade Award Jamanalal Bajaj Uchit Vyavahar 1999-2000 Purashkar 1999 ISO 14001 Certification By M/S Det Norske Veritas in November ISO 9001 Certification By M/S Der Norske Veritas 1996 FIMI National Social Awareness Awards 1995-96 FIMI National Social Awareness Awards Indira Priyadarshini Vrikshmitra (IPVM) National Award By 1995 Ministry of Environment & Forests, Goverment of India Special Gold Award By The Council of Industry & Trade 1994-95 Development for Quality Delhi Comendation Certificate - Rajiv Gandhi National Quality 1994 Award By Bureau of Indian Standards Social Welfare Council of Industrial & Trade Development Award 1992-93 Fimi National Environment Award By Federation of Indian Mineral Industries, New Delhi Productivity National Award By Indian Merchant's Chamber, 1992 Mumbai State level awards won by Awarpur Cement Works: Year Award Overall Performance First Prize of Naokari Limestones Mines 2003-2004 Amongst Mechanised Mines During MEMC Week 2000 Vidarbha Industrial Industry Safety Committee 1997-98 Directorate General of Mines Safety, Nagpur Region 1994 Nagpur Garden Club, Nagpur Horiculture District Collectorate, Chandrapur 1993 Vidarbha Industrial Industry Safety Committee 1992-93 Mineral Conservation Award IBM, Nagpur Region Environment Conservation State Award ' Vanashree' By 1990 Goverment of Maharashtra Awards won by Gujarat Cement Works:

Year 2004 2002-2003 2002 2001-2002 2001

Award Bhartiya Udyog Ratan Award presented to Sh. KYP Kulkarni By Indian Economic Development & Research Association (IEDRA), New Delhi Greentech Gold Safety Award By Greentech Foundation, New Delhi Gujarat State Safety Award By Gujarat Safety Council (GSC), Vadodara Greentech Environment Excellence Award By Greentech Foundation, New Delhi Awards for Excellence in "Industrial Relations" By Federation of Gujarat Industries (FGI), Vadodara

Awards won by Andhra Pradesh Cement Works: Year Award State and Zonal level I prize for overall performance in Mines 2004-2005 safety 2003-2004 Energy efficient unit award from CII Energy Conservation Award from PCRA Excellence Award in Water Conservation & Pollution Control by APPCB 2002-2003 Gold medal for Six Sigma Project on Optimisation of Compressed air energy at HIMER National Conference FIMI environment award for mines Award for six sigma project on reduction in specific fuel consumption at NIQR Energy efficient unit award from CII 2001-2002 Best rural development effort award from FAPCCI Appreciation award from NSC for achieving OHSAS-18001 Best management award from ministry of Labour, AP Govt. 1999-2000 Indo-German Greentech environment excellence award Awards won by Hirmi Cement Works: Year Award 2001-2002 Environment Energy Foundation award for water conservation. Fuller Energy award for reduction in specific power consumption 2001-2002 (KWH/T) per tonne of cement

Export awards Worldwide, clients have consistently endorsed UltraTech's highest quality standards. The list of export awards it has won is testimony to UltraTech's uncompromising standards on product quality. We have been on the roll call of top exporters of the Chemicals & Allied Products Export Promotion Council (Capexil), year after year. Ultratech won the Capexil Certificate of Export Recognition - Top Exporter Cement, Clinker, Asbestos and Cement Products for the years 2000, 2002 and 2003. Other awards that have come its way have included: Year Award Capexil Certificate of Export Recognition - Highest Export in 2001 and 1999 Non-mineral Sector Capexil Certificate of Outstanding Export Performance 1999 Chemicals & Allied Products (for Portland cement) Capexil Certificate of Export Recognition - Top Exporter1998 Cement, Asbestos, Cement Products 1998 Certificate of Outstanding Export Performance, Gujarat state Capexil Certificate of Export Recognition - Certificate of Merit for 1997 Export Achievement in Cement and Clinker

Unique product mix

UltraTech is India's largest exporter of cement clinker. The company's production facilities are spread across five integrated plants, five grinding units, and three terminals two in India and one in Sri Lanka. All the plants have ISO 9001 certification, and all but one have ISO 14001 certification. Ordinary Portland cement

Portland blast furnace slag cement Portland Pozzolana cement Cement to European and Sri Lankan norms

Ordinary Portland cement Ordinary portland cement is the most commonly used cement for a wide range of applications. These applications cover dry-lean mixes, general-purpose readymixes, and even high strength pre-cast and pre-stressed concrete. Portland blast furnace slag cement Portland blast-furnace slag cement contains up to 70 per cent of finely ground, granulated blast-furnace slag, a nonmetallic product consisting essentially of silicates and alumino-silicates of calcium. Slag brings with it the advantage of the energy invested in the slag making. Grinding slag for cement replacement takes only 25 per cent of the energy needed to manufacture portland cement. Portland Pozzolana cement Portland pozzolana cement is ordinary portland cement blended with pozzolanic materials (power-station fly ash, burnt clays, ash from burnt plant material or silicious earths), either together or separately. Portland clinker is ground with gypsum and pozzolanic materials which, though they do not have cementing properties in themselves, combine chemically with portland cement in the presence of water to form extra strong cementing ilimaterial which resists wet cracking, thermal cracking and has a high degree of cohesion and workabty in concrete and mortar.

Approximately 275,000 share holders

Movement of share prices of the company BSE/NSE prices from October 2007 to March 2008 Avg. Date High Low Close High vol BSE (In Rs) Mar 750.0 779.8 334,42 940.00 993.00 2008 0 5 3 Feb 785.2 911.3 806,42 925.00 925.15 2008 5 5 7 Jan 1040.0 731.0 860.6 1,158,5 1028.0 2008 0 0 0 39 0 Dec 1050.0 926.0 1014. 872,54 1101.8 2007 0 0 50 6 0 Nov 1070.0 870.0 987.4 757,02 1065.5 2007 0 0 0 0 0 Oct 1,165. 968.0 999.1 1,042,0 1165.0 2007 00 0 5 64 0 No. of equity shares held

Low

Close

Avg. vol

NSE (In Rs) 751.5 784.55 5 728.6 904.50 0 706.6 873.45 5 960.0 1013.5 0 0 925.5 984.25 5 955.0 997.20 5

1,261,7 61 1,349,6 69 2,035,0 53 1,892,1 54 1,972,7 23 2,011,7 02

Distribution of shareholding as on 31 March 2008 % of shareholding 5.93 2.11 2.17 1.34 1.82

No. of % of No. of shareholder shareholder shares held s s 1 - 100 244,434 89.06 7,386,717 101 - 200 17,678 6.44 2,623,356 201 - 500 8,540 3.11 2,706,955 501 2,328 0.85 1,662,534 1000 1001 1,214 0.44 2,270,872 5000

5001 10000 10001 and above Total

81 174

0.03

590,299

0.47 86.15

0.06 107,245,146

274,449

100 124,485,879

100

Category of shares held as on 31 March 2008 No. of % of % of Category No. of shareholde shareholde shareholdin shares held rs rs g Promoters and 5 0.00 67,689,875 54.38 persons acting in concert Mutual funds 49 0.02 2,300,070 1.85 and UTI Banks and 110 0.04 8,701,993 6.99 financial institutions FIIs 189 0.07 8,295,408 6.66 GDRs 1 0.00 275,804 0.22 Corporates 2,004 0.73 18,327,839 14.72 NRIs / OCBs 3,298 1.20 701,928 0.56 Indian public 268,793 97.94 18,192,962 14.61 124,485,87 Total 274,449 100.00 100.00 9