Punj Lloyd Ltd Corporate Oitice I, 9 Institutional Area, +91 124 262 0769 F491 104 262 ‘www. punilloyd.com gotor 82, Gurgaon 122 001, India PLL: HRD: 2011/ 713/FM/P-558/Site. de Prim Re upea RSt7 @ Pun} Lioya Engineer (Grade - £0) Tankages - Bhogat Through: HOD Dear Mr. Gupta, Subsequent to the review of your annual performance for the year 2010-11, we are pleased to revise your compensation package with effect from 1st April 2011 as given below: Component Current Salary Toe Salary (Rs. Per Annum) (Rs, Per Annum) Flexible Benefit Plan (FBP) al 189,015. i 221,142 fein Fre Gatay nl Bey [cose To Company (Fixed Pay) 327,000 382,590 To provide a higher amount of fixed pay to the employees, the salary structure has been revised; accordingly the variable pay component has been merged with the fixed pay. Henceforth, you will not be eligible for any Variable pay. Flexible Benefit plan has also been restructured with enhanced limits of various components. All other terms and conditions of your employment remain the same and are governed by company policy. We are confident that you will continue to contribute efficiently as a valued member of Punj Lloyd team. With best wishes, Yours sincerely, for PUNJ LLOYD LIMITED Quunht ROHIT MEHTA ‘ADDL. GENERAL MANAGER - HR. Registered Office Pay Lioyd House, 17-18 Nery Place, New Det 110 019, India