11.05.2009

We are pleased to invite you for an Interactive conference call with Mr.Sunil Singhania and Mr. Govind Agrawal, Fund Managers – Reliance CapitalAsset Management Ltd. on „Current Scenario: Indian Equity Markets“.

Phone calls details are in this format: Location (Time, Toll free Dial-inNumbers)

India (14:30; 1800 301 31313)

Singapore (17:00; 800 101 1906)

Hong Kong (17:00; 800 901 420)

UK (10:00; 080 8168 1758)

Europe (11:00; International Dial-in +91 22 3036 0400)

Dubai and other Middle East Locatons (13:00; International Dial-in +9122 3036 0400)

Participants from other international locations not mentioned above, cankindly call at the international dial-in number mentioned above.

Conference ID: 99497451 (Participants to kindly mention the conference ID tothe operator to get connected to the conference).

Brief profile of Fund Managers – Reliance Capital AssetManagement Ltd.

Mr. Sunil B. Singhania (Senior Fund Manager – equities at RelianceMutual Fund)

Sunil graduated in commerce from the Bombay University and completed hisChartered Accountancy from the ICAI, Delhi with an all India rank. He has alsoearned the right to use the Chartered Financial Analyst designation, conferredby CFA Institute, USA. Sunil has a total experience of over 15 years. He hasadditionally completed the Certification course for Derivatives conducted by theBombay Stock Exchange securing an incredible 96% marks. Before his associationwith Reliance Mutual Fund, Sunil gained considerable experience on the sell sidein Indian equity markets. He was the President of Motisons Securities PrivateLimited, a broking firm that he was instrumental in setting up. Later he was aDirector- Research and Institutional Sales at Advani Share Brokers PrivateLimited, a full service broking outfit specializing in Indian equity andcatering to local and global fund houses. Sunil was the Promoter of TheAssociation of NSE Members of India; a body of stock brokers. He also sits onthe Standards & Practice Council of the CFA Institute, USA, the first andonly member so far based in India to do so. Sunil is presently the FounderPresident of the Indian Association of Investment Professionals, the CFA Indiasociety. Having traveled extensively across the world, Sunil has attended manyglobal investment conferences and seminars.

Mr. Govind N. Agrawal (Fund Manager -Equity at Reliance Mutual Fund)

He is a Chartered Accountant from the Institute of Chartered Accountants ofIndia. He has been Reliance Mutual Fund since 2008. Prior to joining RelianceCapital Asset Management Limited, Govind served as the ExecutiveDirector –Equity Sales at UBS Securities India Pvt. Ltd. Prior to UBS, heheld a Sr. VP -Institutional Sales position with Motilal Oswal Securities Ltd,India. He has been awarded “The Best Equity Sales Person in India-MeghaFunds”by Asiamoneyin 2006.