WELCOMES SHAREHOLDERS

27th Annual General Meeting August 9, 2012

Presentation to Shareholders

Private & Confidential2

HVL- CONSOLIDATED FINANCIAL OVERVIEWSNAPSHOT OVER THE YEARS

4,017.11 4,752.92

5,630.46

Total Income

FYE-2010 FYE-2011 FYE-20122

Rupe

es i

n M

illio

ns

605.78

865.72 1,004.64

Profit After Minority Interest

FYE-2010 FYE-2011 FYE-20122

Hinduja Ventures Limited

Incubating arm of New Business Ventures

• Media Investments - Cable Distribution(IndusInd Media & Communication Limited)

• Power Investments - Thermal Based Power (Hinduja National Power Corporation Limited)

• Leasing and Finance Investments- Automotive & Equipment Finance (Hinduja Leyland Finance Limited)

• Real Estate - Bengaluru & Hyderabad Properties

MEDIA- IndusInd Media &Communications Ltd.

Private & Confidential5

MEDIA- INDUSIND MEDIA & COMMUNICATIONS LTD(IMCL) INTRODUCTION

Background Shareholding Pattern

• IMCL is a pioneer and leading Multi System Operator in India with a presence across 34 cities including 18 key cities and metros

• Reaching ~8.5 Mn households offering both digital and analog Cable services

• The Company is the first ISO 9001:2000 Cable TV services company in the country. It has over 2,700 affiliated LCOs and is leading the digital Cable charge with around 1 Mn STBs already installed

• Business presence in Cable, Commerce and Internet/ VoIP offering a compelling ‘triple play’ proposition to consumers

ICL/ICHL -Mauritius (Hinduja Group), 26.20%

Hinduja Ventures

(includes Grant Investrade),

65.79%

IndusInd Bank, 5.53% Kudelski, 2.26%

*IndusInd Communication Ltd/ IndusInd Channel Ltd (Hinduja Group)

Private & Confidential6

IMCL- FINANCIAL OVERVIEWSNAPSHOT OVER THE YEARS

16291976

29663312

40994814

158 383 504 7071211 1468

0.45 135 284 333 671 638

FYE -2007 FYE -2008 FYE -2009 FYE -2010 FYE -2011 FYE-2012

REVENUE EBIDTA PAT

Rupe

es i

n M

illio

ns

CAGR from 2007 to 2012:

•Revenue: 24.2% •EBIDTA: 56.2%

The Indian TV Market Today

India Has a Large Television Market, Dominated by Cable

+ +

Great Service at Nominal Cost

Millions of Homes Served

• 148 million TV Households

• 93 million Cable TV Homes

• 33 million DTH Homes.(Net)

Over 800 TV Channels

Average payments per household:Rs. 150 to 180/-

A Thriving Consumer Driven Market

Cable likely to grow over 110 million homes by 2014

Digital Opportunity- Digital Cable

• Hybrid Digital STBs for Cable and Internet, HD TV services

• E Learning

• Exclusive Content and Channel distribution for server based Channels

• Events and localized content in Digital Cable

• Localized E Commerce/Teleshopping

• Triple Play , with PPV and NVOD services

• IMCL will cover about 70% of its subscriber base by Phase 2

Digitalisation Timelines

Phase 1 4 Metro’s 31st October , 2012

Phase 2 All One Million Plus Cities 31st March 2013 by 31 March, 2013

Phase 3 All Municipalities by Sept 2014 byb333Corporations- by September 2014

30 September , 2014

Phase 4 Rest Of India 31 December ,2014

Private & Confidential

Substantial reach in high ARPU in key locations such as Mumbai , Delhi & Kolkata in phase-I

Sufficient presence in other key Tier I cities & towns in Phase-II & Phase-III

9

IMCL- NETWORK AND REACH

Delhi/ Noida/ Faridabad

Nagpur

Hyderabad

BangaloreMysor

e

Allepey

Goa

Udaipur

IndoreAhmadabad

Ahmednagar

NasikMumbai/ Thane/

Navi Mumbai/ Kalyan

SuratVadodara

BelgaumGulbarga

Solapur

KolhapurSangli

Kurukshetra

BhiwaniKaithal

•Kolkata

Strictly Private & Confidential

Hinduja National Power Corporation Limited

Hinduja National Power Corporation Ltd. – Project Highlights Hinduja Group has plans to reach ~10,000 MW power generation capacity

in ~6-8 years at an expected investment of $12 billion.

First Greenfield Project 1040 MW (2 x 520 MW) Domestic Coal Based Thermal Power Plant is being set up in Visakhapatnam (A.P.)

Land to the extent of 1123 acres + additional 301 acres has been acquired and land titles transferred to HNPCL

Project Cost ~ INR 55,450 Mn.

Project Financing – Financial Closure: Achieved; Loan documentation signed with a consortium of 14 banks

Statutory Clearances – The project has been granted requisite statutory clearances & other approvals.

Commissioning Date : 2013.

12

Vizag Power Project | Site Photographs

Main Power Block

Boiler drum for Unit-1 lifted on 10.01.2012

Boiler drum for Unit-2 lifted on 18.04.2012

EOT Crane erection completed for both units

13

Vizag Power Project | Site Photographs

Coal Handling Plant

Track Hopper RCC Work In progress

Excavation work for Wagon tippler in progress

Structural Erection in progress

14

Vizag Power Project | Site Photographs

Ash Dyke

Piling works completed for Ash Silos and Fly Ash Evacuation towers.

Central bund filling in progress

SWEET WATER RESERVOIR:

Clay Layer work in progress

HDPE Lining & Pre-cast tiles laying in progress

15

Vizag Power Project | Site Photographs

Switchyard

Tower erection started on 14 May 2012

Equipment foundations in progress.

Sea Water Intake/Outfall System

Engineering in progress

Soil investigations completed

Excavation for laying of CW piping In progress

(HLF)

About HLF

Received RBI license in April 2010

Commenced Operations in May 2010

Disbursements cross Rs 10,000 mn by March 2011

Credit Rating upgraded from “Care A” to “Care A+” in November

2011

Disbursement crosses Rs 30,000 mn by March 2012

Achieved PAT of Rs 836 mn in second year of operations (March

2012)

AUM cross over Rs 25,000 mn by March 2012

Total Number of Locations are 440 spread across 19 States pan-

India as of March 2012

17

Performance Indicators - 2011 -12

Portfolio Spread (2011-2012)

Thank You

www.hindujaventures.com