GMR G Group Corporate Presentation

April 2009
Ver. 1 0 Ver 1.0

Creating tomorrow, today

Presentation flow
No. A B C D E F G H I J K L M Sec. 2-3 4-10 11-15 16-18 19-21 22-24 22 24 25-26 27 28 29 30 31 32-33 Key highlights GMR Group : Vision, Values, Dedicated Management, Leadership & Team p , , g , p GMR : Evolution as a Leading Infrastructure Player Airports (India) : Building Gateways to India Energy (India) : Lighting India Urban Infrastructure & Highways : Paths to Progress International B i I i l Business : Gl b l ambitions Global bi i Agriculture : Inclusive development RAXA : Security Solutions Security Solutions Aviation : Aiming High GMR Group : Recognitions & Awards Building an empowered Institution Family Constitution : Guiding framework for family business Contribution to Society

A2

Vision Values Dedicated Management, Leadership & Team

VISION To build an entrepreneurial Organization, that makes a difference to Society, through creation of Value

7 Values resonate with th spirit of principles of G V l t ith the i it f i i l f Governance

Entrepreneurship Learning
GMR Infra Board
G. M. Rao G.B.S. Raju G. Kiran Kumar Srinivas Bommidala B.V. Nageswara Rao O.B. Raju Arun K. Thiagarajan K.R. Ramamoorthy Prakash G. Apte P k hG A t R.S.S.L.N. Bhaskarudu Udaya Holla Uday M. Chitale

Teamwork & Relationships

Deliver the Promise Humility

GMR Industries Board
B.V. Nageswara Rao Ramakrishnan R. T.C.S. Reddy Sankararao A. V.P. Singh Uday M. Chitale S. Sandilya N.V. N V Varadarajulu

Social Responsibility

Respect for Individual

Group Holding Board

Senior Leadership Over 150 team of strong, dedicated Business leaders, Professionals & Executives
DEDICATED TEAM
BACKED UP WITH THE DEDICATION ENTHUSIASM & COMMITMENT OF OVER 6,000 PEOPLE DEDICATION, 6 000 BESIDES KEY STRATEGIC PARTNERSHIPS

A3

Organisation Structure
Group Chairman G.M. Rao GMRVF MAG Corporate R l ti C t Relations Business Chairman Airports Kiran Kumar G G. DIAL Business Chairman Highways & Urban Infra. Srinivas Bommidala Highways Business Chairman Energy & Agriculture B.V.N. B V N Rao Energy Business Chairman Corporate & International G.B.S. G B S Raju CSPD Corp.Comm. Airports BD Construction Agriculture CPD GHIAL SEZ Finance HR IBD Raxa & Aviation

property

B4

GMR evolution : A diversified conglomerate

GMR Group established in June 1978. GMR Industries listed in 1992 & GMR Infrastructure listed in 2006 in both BSE* & NSE* The Group was engaged in Banking, Insurance, Breweries & IT, which were divested off. GMR Group has shifted focus to Infrastructure & Agri. Business and expanding rapidly
Airports Energy Highways & Urban Infra. International Business

Infrastructure

Delhi International Airport Hyderabad International Airport

Thermal Hydro Gas Liquid fuel Li id f l Coal Mine development

Highways SEZ Property Construction Raxa (Security) Aviation

Sabiha Gokcen International Airport Stake in InterGen N.V.

Agriculture A i lt

Integrated sugar complexes

Sports

Franchise for Indian Premier League, Delhi Sports infrastructure and management Working with communities to improve lives and livelihoods since 1991 Focus on Education, Health, Hygiene & Sanitation, Livelihood, Empowerment and Community D C i Development l
BSE Bombay Stock Exchange NSE National Stock Exchange

Corporate Social Responsibility

B5

GMR evolution : A diversified conglomerate Today we are one of Indias leading Infrastructure developers India s
Highways & Urban Infra.
6 Road Projects Pan India (424 Kms) - 5 operational (260 K i l Km annuity based) - 1 Under development (71 Km Toll based) Hosur SEZ under development (3300 Acres) 2 Airport SEZs (500 Acres) at GHIAL

Airports
1 Greenfield and 1 Brownfield Airport (ultimate capacity of 140 Mn passengers p.a.) Current passenger traffic - ~ 31 Mn passengers p.a. ( (1/3rd of Indias Air-traffic) )

International
International presence through SGIA Istanbul th h SGIA, I t b l Acquisition of 50% stake in InterGen N.V. with assets in 5 countries

Energy
3 operational Thermal Energy Plants (809 MW) 7 projects under development (3900 MW) 5 Hydro projects (1650 MW; including two recent projects in Nepal) 2 Coal based Thermal Projects (2250 MW)

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GMR evolution : Structure of GMR Infrastructure Ltd., Flagship Co., of the Group
GMR Holdings Pvt. Ltd.
ENERGY
GMR Energy Limited 220 MW (100%) GMR Power Corporation 200 MW (51%) Vemagiri Power Generation Ltd -388.5 MW (100%) GMR (Badrinath) Hydro Power 300 MW (100%) GMR Kamalanga Energy 1050 MW (100%) Talong Hydro Power 225 MW (100%) Holi Bajoli Hydro Power 180MW (100%) Rampia Coal Mine and energy (17%) Himtal Hydropower Company Pvt Ltd 560MW (80%) GMR Upper Karnali Hydropower 450MW (50.5%) GMR Coastal Energy - 1980 MW (99%) GMR Ambala AmbalaChandigarh- 35 KMs (100%)

GMR Infrastructure Ltd (GIL) 74.20%

HIGHWAYS
GMR TambaramTindivanam 93 KMs (74%)

AIRPORTS
GMR Hyderabad International Airport (63%) Delhi International Airport (50.1%) Hyderabad Menzies Air Cargo (32.12%) URBAN INFRASTRUCTURE GMR Krishnagiri SEZ Limited (100%) GMR Hyderabad Aertropolis Limited (63%) GMR Hyderabad Aviation y SEZ Limited (63%) GMR Hyderabad Multiproduct SEZ Limited (63%)

INTERNATIONAL
Sabiha Gokcen International Airport, Istanbul, Turkey (40%)

GMR Tuni-Anakapalli - 60 KMs (74%)

Intergen N.V. (Hold. Co) (50%)#

OTHERS GMR Aviations Pvt., Limited (100%)

GMR Jadcherla - 58 KMs (100%)

GMR Pochanpalli - 107 KMs (100%)

Operating Companies Under Development Operation cum Development

GMR Ulundurpet - 71 KMs (100%)

# Through CCD Structure % of holding shown in parenthesis represents our Direct and Indirect Shareholding

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GMR Infrastructure : Indias leading infrastructure company

Power
Acquisition of Coal Mines in Indonesia & South Africa RGIA, Hyderabad - operational Awarded 450 MW Upper Karnali# 560 MW in Himtal# 180 MW in Holi Bajoli g 225 MW in Talong MoU for 1200 MW in Chattisgarh 1050 MW in Orissa Awarded 300 MW Alkananda* 389 MW in Vemagiri - operational Awarded Delhi Airport

Airport

Urban Infra. & Highways

International Business
FY2009
50% stake in InterGen N.V. FY2008

Tamil Nadu SEZ project 2 Hyderabad SEZs

First international Foray Sabiha Gokcen Airport Turkey

FY2007

FY2006
3 annuity & 3 Toll based road projects

FY2005
Awarded Hyderabad Airport 220MW in Mangalore - operational Ventured into Airport sector

FY2002

FY2001

200MW in Chennai - operational Ve tu ed to t e owe sector Ventured into the Power secto

FY1999 FY1997

GMR Infra - an Infrastructure Developer, Owner & Operator. Assets with concessions ranging from 15-60 Years Balanced Revenue Model Mix of fixed & volume based revenue streams
*Approved capacity of 140 MW, approval from CERC awaited for increased capacity # These are expected capacities, DPR is under preparation

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GMR Infrastructure : Best in class Partnerships with global players

Europes largest cargo hub & 2nd largest passenger Airport Operator & Manager of Malaysias 39 Airports (comprise international, domestic and Short Take-Off and Landing (STOL) ports) Largest Airport retailer in Malaysia with 40 outlets in 4 Airports Indias premier infrastructure finance organization (over 332 projects financed in Energy, Highways, urban infrastructure) One f h leading O of the l di engineering and construction companies i T k i i d i i in Turkey

Airports

An integrated energy company which provides natural gas and electricity to ~6.5 Mn. of Michigan's 10 Mn. Residents. Operates independent Energy buz. in US. g p p gy

Energy

Public Service Enterprise Group (PSEG) is a publicly traded, energy & energy services company H.Q in New Jersey. Ranked 178th in 2006 & 199th in 2007 Fortune 500 list. Shandong Electric Power Company (SEPCO), one of largest EPC companies of China. Has been identified as EPC partner for Kamalanga project.

Hi ighways

Malaysia's leading conglomerate in infrastructure building. A wholly-owned subsidiary of Khazanah Nasional Berhad, an investment arm of Govt. wholly owned Berhad Govt

B9
1

GMR Infrastructure - Consolidated Financials & Assets

Market capitalization (As on 3rd March 2009) of USD 2.70 Bn. 2 70
Gross revenues (INR Cr.)

Gross assets* (INR Cr.)

CAGR 40% CAGR 72%

The Increase is mainly att butable to add t o al revenues e c ease s a ly attributable additional eve ues from the operations of DIAL & Higher PLF in GEL & GPCPL

The Increase is mainly attributable to Capital work in progress of Hyderabad & Delhi International Airports

3 CAGR 18%

EBITDA (INR Cr.)

PAT+ (INR Cr.)

CAGR 57%

The Increase is mainly from the Additional EBIDTA from DIAL y operations & from other sectors mainly from Short term investments

The increase is mainly from the Operations of DIAL

*Gross Assets also includes Investments and Current Assets + Not adjusted for Foreign Exchange rates FY09-H1 does not include InterGen assets

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GMR Infrastructure - Growth Highlights Sectoral asset expansion with more than 4x in 4 years
Sectoral Asset base - Present* (USD 2.48 Bn)
SEZ USD 2.29 Bn Energy USD 4.63 Bn 43% Airports USD 1.63 Bn

Sectoral Asset base 2012** (USD 10.66 Bn)

Energy USD 0.61 Bn

22%

Highways USD 0.24 Bn

29% Airports USD 3.08 Bn 6% Highways USD 0.66 Bn

* As on 31.01.09; does not include InterGen assets. ** Includes project achieved FC w/o BD. For the two Hydro Projects in Nepal, asset nos. shown here are only tentative (They are subject to change post finalization of DPR).

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GMR Infrastructure - Airports Business Growth Strategy with strong focus on establishing International presence
Largest Airport Developer in India
.

Strategy for transforming into a comprehensive Airport developer

Delhi International Airport (DIAL)

Concession of 30 + 30 years and investment of USD 2.24 Bn (Phase 1). T3 will have 76 Aero bridges. T3 will soon be the 1st airport in India to have dedicated Metro connectivity through airport Express Line. The modular master plan is designed to handle 100 Mn. Passengers by 2026. Position as premier Airports company in India Participate in up-coming opportunities

Domestic Foc cus

in Indian Airports sector Balanced mix of Brownfield and Greenfield projects to be considered in portfolio selection Open to merchant Airport development opportunities To implement the concept of aretropolis to maximize values of Airports

Hyderabad International Airport (HIAL)

Airport with one of the highest passenger traffic growth, approx. 6.5 Mn. Passengers in 2009. Concession of 30 + 30 years with investment of USD 0.62 Bn. Setting up the first MRO facility in India. Development in phases to handle 40Mn passengers.

C12
Project Overview

Delhi International Airport (DIAL): Operation, Operation modernization & development

Concession period p Phases of development Land Ultimate pax capacity Ultimate cargo capacity Completion date Estimated project cost Revenue Share 30 + 30 years y I, II, III, IV & V 5,100 acres 100Mn (Phase I: 60Mn) 3.6Mn 3 6Mn tons (Phase I: 0.6 ) 06 2010 (Phase I) USD 2.24 Bn (Phase I) 45.99 % shared with AAI

Details of Phase I Development Phase 1 A (Completion by April 2009)

Third Runway of 4430 Meters & Taxiways (completed) Existing Domestic Arrival Terminal Expansion Additional 3 Baggage Claim Belts New Domestic Departure Terminal 72 Check-in Counters 16 Security Channels In-line Baggage Screening Upgradation of Existing Terminal 2 (Completed) 100 Check-in Counters 16 Security Channels In-line Baggage Screening

Phase 1 B (Completion by Mar 2010)

New Intergrated Terminal 3 48 Contact & 11 Remote Stands 168 Check-in Counters 49 emigration, 50 immigration Counters 30 Security Channels y 12 Baggage Claim belts Upgradation of Cargo Terminal High Speed rail Link Multi-level car Parking (4300 lots) General Aviation Facilities Expansion & Upgradation of Utilities

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Delhi International Airport Limited (DIAL) Additional revenue potential from development of real estate asset
Initial Development Plan Initial phase envisages development of hospitality assets in i 13 l d parcels constituting ~45 acre h land l tit ti 45 hospitality it lit district Land to be licensed out to developers (Built up area of 6.12 Mn. sq.ft.) Master plan prepared for initial development Appointed Jones Lang LaSalle & HVS for strategic plan preparation and providing support in bid management. DIAL would build, operate & maintain basic infrastructure facilities. Bids have been called for 60 Acres property development. Airport Development Fee (ADF) of INR 200 on domestic & INR 1,300 on International passengers from Mar09 to bridge the funding gap gap.
Land for commercial development
Hospitality District: 45 Acres
*Figure not to scale

Complete Development Plan 5% of Airport Site can be used for commercial development of i.e., about 250 Acres Lease period 27 + 30 years Permitted to develop hospitality & aviation related facilities (Commercial, Retail, Logistics etc.)

Commercial development of non-transfer assets in line with major Asian Airports.

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Hyderabad International Airport (GHIAL) Development & Operation of the fastest growing Airport in the Country
Uniquely positioned to capitalize on the current growth
Emergence of Hyderabad as a major IT & ITeS destination. Centrally located with respect to India South East Asia and Middle East India, South-East with a catchment area of 75Mn people. Total area of 5,400 acres for Airport & commercial development. The Air Traffic Movements has grown at a CAGR of 25% over past 4 Years. Growth passenger traffic - 40% in the past 2 years (2005-07) The Cargo Traffic has grown at a CAGR 14 % over the past 4 years.
Hyderabad

Catchment area

Key Project Features

The second longest runway (4,260 m) in India with 10 entry/exit points (including 4 Rapid Exit). 42 aircraft parking stands; 12 Contact stands, 30 remote stands & 5 dedicated stands for cargo. 146 check-in counters, 16 of which are self check-in. 46 immigration counters; In-line baggage screening. 3 x 90 Mtr & 1 x 70 Mtr long baggage carousels, capable of handling 3 flights at a time on each. Business Hotel / Luxury Hotel / Convention Centre all in Novotel Hotel run by Accor Group. Facilities in Place : 28 beds slumber room & Spa , Car park facility for 3700 cars cars. First Airport in India to get LEEDS (Leadership in Energy & Environmental Design) Silver rating. Initial Cargo Capacity of 100,000MT /annum; ultimate over 1.0Mn MT. 17 bedded Apollo Hospital at Passenger Terminal Building. Has a fuel farm with Open Access to 5 Oil Companies.

C15
Airport Hong Kong Incheon, South Korea Changi, Singapore

Hyderabad International Airport (GHIAL) Development of Airport based city at RGIA

Development of the Airport into a major economic zone in line with major regional Airports Types of real estate development Hotels, Housing, Retail, Logistics, Exhibition Centre, Golf Course Airport free zone, Business centre, Hotels, Retail, Convention centre Free Trade Zone, Logistics, Hotel, Commercial Logistics, Exhibition Centre, Hotels, Hospital, Housing, Retail Hotels, SEZs, Integrated Cargo Complex, Retail, Hospital, Logistics
(1,000 acres)

Suvarnabhumi, Thailand RGIA, Hyderabad

1

Commercial Property Development

Real es state and SEZ S de evelopmen nt

Lease Period: 30 + 30 years. Permitted developments - Commercial & Residential. Appointed CPG of Singapore to develop the Master Plan for property development development.
2

SEZ development

(500 acres)

Received in-principle approval for setting up two SEZs- One for aero related and the other non-aero commercial activities on a part of the land available for the Airport development development.
Aviation Sector Specific SEZ ( (250 acres) )

Aircraft Maintenance and Manufacturing, Assembling or Repairing of Avionics Components.

Multiproduct General SEZ (250 acres)

IT & IT enabled services, Biotechnology, Textile (Garment pp ) & apparels) and electronics industries.

D16

GMR Infrastructure - Energy Business Strategy to transform into an Integrated Energy Developer with global footprint
1
Improve performance and competitiveness of existing business

Leverage expertise to capture future growth opportunities in India and abroad

Diversify into allied Energy infrastructure businesses

Acquisition of Coal Mines

Secure fuel for thermal power plants g acquisition q / j joint through development of domestic and international coal mines. Exploring opportunities in coal rich countries like Indonesia, South Africa and A d Australia. li Acquired 10% stake in South African coal mining company with an option of additional stake of 40%, gaining more than 300MT of mine-able coal mine able reserve.

Add further Energy assets diversified across fuel types in India. Bid for UMPPs where fuel supply has been secured. Invest in IPPs in neighboring developing countries with Need for i f t N d f infrastructure t expansion. Government support Explore brown field opportunities through acquisitions of development rights and operating assets. Exploring opportunities in Nuclear Energy.

Actively explore opportunities in domestic Energy distribution State of Gujarat, Karnataka & Maharashtra have initiated private participation Participate in Energy transmission opportunities in India Obtained Power Trading Licence and active participation trading business.

Alternate fuel opportunities

Explore options for alternate fuel to reduce reliance on a type of fuel fuel.

Foundation Blocks

1 Diversified fuel mix Projects distributed across all the fuel types Hydro, Thermal & Gas

2 Diversified revenue mix Mix of short-term & long-term short term long term Energy Purchase Agreements (PPAs)

D17

Energy Business GMR has successfully developed and operationlized energy assets
Facility Contract capacity Fuel CoD* PPA Chennai, Tamilnadu 200MW Low Sulphur Heavy Stock 1999 15 years till 2014: min. offtake at 68.5% PlF 65.19% 65 19% 93.93% Vemagiri, Andhra Pradesh Contracted 370MW: *additional -18.50MW; (merchant sale 17.625MW) Natural gas 2006 23 year till 2029; at 80% PLF ; take of pay of fixed charges 8.20% Mangalore, Karnataka 220MW Naptha 2001 PPA expired on June 08 June08 26.71% Dr M.S. Swaminathan award for being an environment friendly project ISO 14001 and OHSAS 18001 compliant

GMR Power Corporation Pvt. Ltd.

PLF YTD (last full year %) Plant availability (%) Facility Contracted capacity Fuel CoD

Companys 3rd Greenfield Energy Project Commercial operation commenced in Feb08 PPA for 23 years Expansion plan for additional 700MW capacity

Vemagiri Energy Generation Ltd.

PPA PLF YTD (last full year %) Facility Contracted capacity Fuel CoD PPA

Barge-mounted Power Plant d l ISO 14001, ISO 9001& OHSAS 18001 certified g p Plant being operated on merchant basis at Mangalore

GMR Energy Limited

PLF YTD (last full year %)

* Commercial operation date

D18
Facility/Location Kamalanga, Orissa Chattisgarh Badrinath, Uttarakhand

Energy Business Strong pipeline of Energy projects under development

Energy assets with balanced fuel mix and long term concessions under development
Capacity 1050MW 1200MW 300MW Fuel Coal Coal Hydro Contract details Build Own & Operate Build Own & Operate BOOT for 45 years from implementation agreement Run f River on BOOT b i f a concession R of Ri basis for i period of 40 years from CoD Run of River on BOOT basis for a concession period of 40 years from CoD Build, Own, Operate & Transfer 30 years from generation license Build, Own, Operate & Transfer 30 years from generation license Expected CoD 2012 2012 2013

Talong, T l Arunachal Pradesh Bajoli Holi, Himachal Pradesh Upper Karnali, Nepal Himtal, Nepal

225MW

Hydro

2014

180MW

Hydro

2015

450MW#

Hydro

2015

560MW#

Hydro

2015

GMR also aims to secure opportunities in transmission & be present across the sector value chain
# These are expected capacities, DPR is under preparation.

E19

GMR Infrastructure Highways projects : moving towards a leading concessionaire in India

Highways Highways

Operational scale Hold H ld concessions f about 424k i for b t 424km from NHAI under 6 road projects Diversified asset mix p g projects 5 operating p j (GTAEPL 60km, GTTEPL - 93km GACEPL 35km, GJEPL 58km GPEPL 107km) 1 under implementation (GUEPL 71km) Balanced mix of 3 annuity-based projects(260 km) and 3 Toll-based Toll based projects (164 km) Robust financial management

Opportunities under consideration: pp

1

Our primary focus is on NHAI opportunities. y pursuing Allied / g We are actively p Auxiliary business streams especially logistics Looking at partnering with EPC contractors / Global majors.

E20

GMR Infrastructure - Highways Projects implemented/under implementation

Annuity
Particulars
Location

Toll
GPEPL
Adloor - Gundla Pochanpalli Construct - 90 kms

GTAEPL
Tuni-Anakapalli

GTTEPL
TambaramTindivanam

GACEPL
AmbalaChandigarh

GJEPL
FaruknagarJadcherla Construct - 46 kms

GUEPL
TindivanamUlundurpet Construct - 71 kms 20 years incl. y construction period of 2.5 yrs Oct'06 Oct'26 Oct-06

Road Length

60 kms

93 kms

+O&M Sweetener of 17 kms

35 kms

+O&M Sweetener of 12 kms

y 17.5 years incl. Concession Period construction

17.5 years incl. y construction

20 years incl. y construction period of 2.5 yrs Oct'06 Oct'26 Sep-06

20 years incl. y construction period of 2.5 yrs May'06 May'26 May-06

20 years incl. y construction period of 2.5 yrs Aug'06 Aug'26 Aug-06

period of 2.5 yrs. period of 2.5 yrs. Concession Duration Financial Closure May'02 Nov'19 Jun-02 May'02 Nov'19 Jun-02

Project status

Started commercial operations

Started commercial operations

Started commercial operations

Started commercial operations

Started commercial operations

Expected COD in FY09Q4

2 Projects will be commissioned by Mar09. With this, GMR will have 3 Annuity & 3 Toll highways in operation.

E21

GMR Infrastructure - foray into Special Economic Zones (SEZs)

MOU with Tamil Nadu Industrial Development Corporation (TIDCO) for the development of a Multi-product SEZ at Krishnagiri District, Tamil Nadu. SEZ to be developed through an SPV which will be a JV with TIDCO TIDCO. SPV to get active support from the state government & TIDCO for timely land procurement process & timely implementation of the project. Land being acquired from Farmers directly : 50% already completed. g q y y p Commencement of development by 2009 & completion of basic infrastructure by 2014. Project expected to generate exports turnover of about USD 4Bn by 2014.

Project details j
Type of SEZ Location Land details Project cost

To house Bio Technology, IT & ITES, electronics & Engineering companies Expected to generate direct & indirect employment for over 3 lakh people Krishnagiri District Tamil Nadu close to Bangalore metropolis Nadu, Excellent connectivity through NH7 and railway network Parcel of land: 2,500 acres Land is to be acquired over a period of 1 year Estimated cost for development of basic infrastructure is INR 2300 Cr. Development cost including industrial and social infrastructure would be INR 11000 Cr Cr.

F22

GMR Infrastructure - International Business Ambitions with Risk Management

Largest Airport Developer in India
SGIA Istanbul Turkey Development of new international terminal & operation of existing facility, will together handle 20 Mn. passengers. Taken over the facility for development and operations since May, 2008. Concession of 20 years with investment of USD 650 Mn. Intergen N.V. Acquisition of 50% equity stake in Intergen N.V. InterGen has 12 Power Plants. Installed production capacity of app. 7700 MW in 5 countries; Additional 5000 MW capacity under development. New assets and assured off-take of energy generated.

Strategy for transforming itself into a global infrastructure player

Diversification of geographical risk. Exploit expertise gained during projects.

domestic

Strateg gy

Access to global resources and best-practices in all focus areas. Airports (including Airport Real Estate) and Energy are focus areas in the short to medium term short-to-medium term.

Invest in assets in developing countries with High growth potential Need for infrastructure expansion Stake acquisition in global infrastructure facilities Enhance understanding of the sector globally g g y without taking on substantial developer role. De-risk from India-centric business. Develop structural and organizational capabilities for future expansion strategy. f f t i t t

Global In nvestments s

F23

Sabiha Gokcen International Airport, Istanbul, Turkey

Brief overview of the project
Concession period C d Concession fee 20 years (including construction l d period of 30 months) In lieu of revenue share, USD 2.43 Bn, * to be paid in 20 years with no fee payable in f bl first 3 years 4 Mn growing at 40% 24 Mn Passengers USD 0.50 Bn
*

Equity participation in the project

20% 40% 40%

Current PAX traffic Ultimate capacity Estimated capex

Development plan for the Sabiha Gokcen International Airport in Istanbul

Concession provides for operation of the existing facilities and construction of new international terminal building and complementary facilities Concession Agreement signed on 19th March 2008 Operations Takeover and Financial Closure achieved in May 2008 Construction work to be completed in 18 months Have changed th existing Ai H h g d the i ti g Airport t gi it a g d f t to give good face lift lift.
* Assumed 1 Euro = 1.26 USD

F24

InterGen Acquisition Creating Indias largest private power company with a global foot print India s

G25

GMR Industries Ltd., - Agriculture Business Emphasizing an integrated cane processing play across the value-chain value chain
1

Expansion + Diversification

Product Mix : 2009

Outlook Upward movement in Sugar prices in the long term However there is also need to reduce the possibility of downside in sugar through diversification Strategy Gradual G d l expansion i capacities b 2012 i in iti by Balanced mix of products (Sugar, Cogen, Distillery) to tide over industry cyclicality Optimize by-product mix through introduction of MDF (Medium Density Fiberboard) capacity Addition of value added products such as Refined Sugar in the portfolio Higher outputs through better cane management Improved yields Modern harvesting techniques Centralized procurement

Sugar Cogen g Distillery planned

11000 TCD 49 MW 90 KLPD

3 Planned Product Mix : 2012

Sugar Cogen g Distillery MDF

19000 TCD 73 MW 190 KLPD To be decided

G26
AgriOperating Assets 1 Business:

GMR Industries Ltd., - Agriculture Projects implemented/under implementation

Facility Cane C hi C C Crushing Capacity it Cogeneration Srikakulam Dist., AP 5000 TCD 19 MW 40 KLPD Facility Cane Crushing Capacity Uttara Karnataka Dist Dist. 3500 TCD (expandable to 5000 TCD) 24 MW 50 KLPD Facility Cane Crushing Capacity Belgaum Dist.,Karnataka 2500 TCD 6 MW First sugar factory in A.P. to receive ISO 9001:2000 First full-fledged Co-gen plant in A.P. Lowest steam consuming plant in the sugar industry Marks GMRs foray in Karnataka sugar market Commissioned in May, 2008 Will generate direct and indirect employment for over 2000 people Leased from Dhanalaxmi Sugar Cooperative on BOOT basis for 25 years Commenced commercial operations from November 2008

Sankili Sugar Plant

Distillery

Haliyal Sugar Complex

Cogeneration Distillery

Dhanalaxmi Sugar Plant 2

Cogeneration

Assets under development

Facility y Cane Crushing Capacity Cogeneration Distillery MDF Belgaum Dist., Karnataka g , 5000 TCD 25 MW 100 KLPD Scheduled to commence commercial production from 2010 Addition of High Capacity distillery and Medium Density Fiberboard (MDF) will reduce impact of Sugar cycle and improve margins Commercialization by Nov 2011

Raibagh Sugar Complex

To be decided

H27

GMR Raxa Security Services Limited

Brief overview of the business
Fulfill security / safety requirements, within the Group Business Aspiration Leverage experience to be a leading security solutions provider to external industrial d l d l establishments by FY 11. Manpower Strength 1624 nos. as on 31st Mar09;
Otherincome

Revenue Break up for the business

SecurityServices i i

18.50% 8.70% 3.78% 68.90%

AircraftsOperationalsupport services SecurityAuditandTechnical Consultancy BusinessSupportServices

Targeted strength by end FY 10 : 2248 nos.

Key Strategic Initiatives for Raxa Security Services Limited

Continue efforts towards providing best in class training to its work force at Raxa Training Academy spread over 100 acres, in Ananthapur District, AP. Develop a Technical services center and gear up to provide high end technical solutions to business/industrial establishments. Standardize the activities of Raxa as per International norms (as a holder of ISO 9001:2000 certification).

I28

GMR Aviations Pvt. Limited

Brief overview of the business
GMR Aviation was established in 2006 to
Meet internal requirements of the Group companies Exploit opportunity in commercial market
Size Aircrafts Falcon Hawker Helicopter Bell B ll 407 Base Station

Fleet expansion plan

Fleet Present 4 3 2 1 1 1 Planned 7 5 4 2 1 1

Strength of GAPL includes

Support of strong GMR brand Young fleet with experienced crew and well trained operational staff.

It has plans to diversify into allied aviation services at appropriate time

Delhi, Bangalore

Growth aspirations of GMR Aviation Limited include Consolidate its Air charter operations to meet global benchmarks in operational efficiency and service quality. Increase global footprints by focusing on international charters and eventually emerge as a leading business aviation service provider in the Asia-pacific region in the long term. Effective use of technology to provide entire spectrum of services in business aviation.

J29

GMR Groups achievements & recognitions during 2008

KPMG - Infrastructure Today Awards 2008 - Most Admired Company in the Transport Developer category & the Infra Person of the year Routes Orbis Award through GMR Varalakshmi Foundation in enhancing the quality of life in the communities living around the new Rajiv Gandhi International Airport at Hyderabad. Award at the European Parliament, Brussels - Outstanding Organization for Ethics in Business SAP ACE 2008 Award Best GRC Implementation. 2008 CIO 100 Award - Operational and strategic excellence in IT. Economic Times Awards for Corporate Excellence 200607 - Entrepreneur of the year Indian B i Leader Awards 2007 b CNBC TV18 M t P by Most Promising E t t t th Big L g League I di Business L d A d i i g Entrant to the Sir M. Visveswaraiah Award 2008 - by the Federation of Karnataka Chamber Of Commerce and Industry (FKCCI) Most Inspiring Entrepreneur of the Year 2008 - award by National Institute of Industrial Engineering (NITIE), Mumbai

K30

Over the past 3 years, we have begun taking steps towards building an institution
Implemented a robust and comprehensive ERM framework to support shareholder value preservation Enterprise Risk Management framework f k Family Governance Family Constitution written by Peter Leach y , g of BDO Stoy UK, signed in March 2007

Corporate Planning capabilities Leveraged SDG for g institutionalizing a rolling, scenario-based strategy approach that enables planning under uncertainty Organization Restructuring Organization restructured with the advice of Mckinsey. Put in place focused leadership structure, RASCI structure RASCI, DOP etc etc.

Values & Beliefs Building a robust Organization, Organization strongly driven by our Values and Beliefs Being built as the culture of the organization through V&B workshops and PMS Leadership development and Talent Management Increased focus on professionalization at GMR and grooming of 150+ emerging as well as senior leadership using in-house leadership development programs

Technology and Processes ERP package SAP implemented all across the organization with best in class processes

L31
Family Constitution y

GMR Family Constitution

articulates our mission , vision & values prescribes a process for managing differences within the family provides a Family Code of Conduct. records the rules for entry of family members into business. lays down the governance structure defines rights and responsibilities of family members working in business & not working in business structure to separate ownership & control defines an agreed process for succession, election of successor Codifies agreed ways of decision making within the family

Family Business

Family Council

Family Business Forum

Family Office

Non Family Business Forum

Wealth Management Family Governance Human Resources Facilities & Admin

lays down the guiding framework for the family business

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GMR Varalakshmi Foundations social objectives

GMR Varalakshmi Foundation (GMRVF) is the Corporate Social Responsibility arm of the GMR Group Its mandate is Group. to develop social infrastructure and enhance the quality of life of communities around the locations where the Group has a presence. GMRVF is a section 25 (Not for Profit) company. It has its own professional staff drawn from top academic and social work institutions. It is governed by a Board, Chaired by the Group Chairman, Chairman GMR Group Group. The thrust areas are: Education Health, hygiene and sanitation Empowerment/ Livelihoods Community-based programmes Sharing and Donations

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GMR Varalakshmi Foundation Latest numbers at a glance

Locations of Operation
15 across 10 states

Educational institutions operated

Engineering college 1 Degree college 1 Schools 4

Govt School t G t S h l outreach h

Schools being partnered 75 Students impacted: over 14,000

Pre-Schools
Own and partnered Balbadis/Anganwaadis 63 Children impacted: over 1600

Health
Ambulances run: 3 (average cases per month 30) Mobile medical units: 3 (cases per week 3000) Medical clinics : 8 Public and community toilets built and operated: 15 School health check up annual average coverage: over 2000

Livelihood & Empowerment

No. of training institutes for unemployed youth: 6 No. of trainees per year: about 3000 Settlement rate: over 75% No. of Self Help Groups: 75