/Al l Private Equity

PRESS RELEASE IL&FS lnvestment Managers Limited

IL&FS Investment Managers Limited reports Ql FY2014 results

• Consolidated Revenues at 54.8 Crore for Ql FY2014, 7% lower as compared to

Ql FY2013 which stood at 59.2 Crore

• Profit after Tax (PAT) at 18.3 Crore for Ql FY2014, marginally up as compared to

Q1 FY2013 which stood at 18.1 Crore

• Consolidated EPS at 0.88 for Ql FY2014

Mumbai, July 22, 2013: IL&FS Investment Managers Limited (BSE: 511208; NSE: IVC) today reported its results for first quarter ended June 30, 2013

For Quarter ending June 30,2013

Consolidateci revenue for Ql FY2014 was lower by 7% at 54.8 Crores compared to

59.2 Crores for Ql FY2013

Consolidateci expenditure including interest, depreciation and amortisation for Q l FY2014 was down 15% at 29.7 Crores as compared to 35.0 Crores for Q l FY2013

Consolidateci net profit after tax (PAT) for the Ql FY2014 was marginally up at 18.3 Crores compared to 18.1 Crores for Q l FY2013

Consolidateci EPS for Q l FY2014 stood at 0.88 compared to 0.87 for Q l FY2013

Dr Archana Hingorani, Chief Executive Officer, IL&FS Investment Managers, said, "The operating environment has become extremely challenging with multiple headwinds facing the economy and the latest bout of 12% rupee depreciation has added to the challenges. These negative news flows have impacted fund raising significantly. While continuing to raise monies for the Indian markets, the Company is in parallel focusing on fund raising for investments in the Asian and Middle East regions to diversify its income profile. Inspite of these obstacles, the Company continues to demonstrate a stable performance and keeps its focus on the operating metrics"

INVESTMENTS

During the quarter, IIML invested 24.7 Crores across companies in its Real Estate vertical. IIML was also able to record exits of 431.5 Crores in all the three verticals of growth private equity, infrastructure and real estate. This strong performance inspite of challenging markets and dampening liquidity is a strong testament to the teams capability to perform across market cycles

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About IL&FS Investment Managers Limited

IL&FS lnvestment Managers Limited

IL&FS Investment Managers Limited (IIML) is India's first and only listed Private Equity firm. IIML has been a pioneer in managing and advising private equity investments, ranging from Real Estate, Infrastructure to sector agnostic Private Equity Funds. IIML has, to date, invested in over 160 investments and managed over 78 exits/liquidity events. IIML manages assets of around US$ 3.2 bn across sectors and has delivered a gross internai rate of retum of over
24% (in US$ terms)
Some of the representative transactions of IL&FS Investment Managers Limited are Shoppers Stop, Noida Toll Bridge Company, Gujarat Pipavav Port, ibn18 Broadcast, Indraprastha Gas, Godrej Beverage & Foods, ABG Shipyard, Tejas Networks, Indiagames, Arch Pharmalabs, DQ Entertainment, Ramky Enviro Engineers, Ramky Infrastructure, Den Networks, Electrosteel Integrated, Noida Towers Private Limited and QVC Realty
IL&FS Investment Managers Limited is publicly traded on Bombay Stock Exchange (BSE Symbol: 511208) and the National Stock Exchange (NSE Symbol: IVC). More on www.iimlindia . com

SAFE HARBOUR

Certain statements included in this press release may constitute "forward-looking statements" in respect ofthe Company's operations, performance, prospects and/or financial condition. By their nature, forward looking statements involve a number of risks, uncertainties and assumptions and actual results or events may differ materially from those expressed or implied by those statements. Accordingly, no assurance can be given that any particular expectation will be met and reliance should not be placed on any forward-looking statement. Additionally, forward looking statements regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. No responsibility or obligation is accepted to update or revise any forward looking statement resulting from new information, future events or otherwise. Nothing in this presentation should be construed as a profit forecast
This press release does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any shares in the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment or investment decisions relating thereto, nor does it constitute a recommendation regarding the shares of the Company. Past performance cannot be relied upon as a guide to future performance. lnformation in this press release reflects the knowledge and information available at the time of its preparation

Investor Relations Contact:

Mr Sanjay Mitra
IL&FS Investment Managers Limited
Tel: +91 22 2659 3531 sanjay.mitra@ilfsindia.com

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