S. E. Investments Limited Investor Presentation Q3 FY’ 12

Year- on - Year (Y-o-Y) Comparison Q3 FY Key Financial Highlights ( 9 months ended FY’12 vs 9 months ended FY’11) Business Update Investors Update – Jan 12 Q1’11 – Q3’11 (April 11 - Dec 11) Q1’ 10 – Q3’ 10 (April 10 - Dec 10) Growth (%) Net Revenue % PBT % PAT % (Amt in Millions) Quarter - on - Quarter ( Q - o - Q) Comparison) Q3 FY Key Financial Highlights ( Q3 FY12 vs Q3 FY 11) Q3 FY’12 ( Oct’11 - Dec’11) Q3 FY’ 11 ( Oct’10 - Dec’10) Growth (%) Net Revenue % PBT % PAT % (Amt in Millions)

As compared to 9 month period of FY’ 11 Income from Operations is increased by 19.53% at r millions. As compared to 9 month period of FY’ 11 Profit Before Tax (PBT) is increased by % at r millions. As compared to 9 month period of FY’11 Profit After Tax (PAT) is increased by 0.61 % at r millions. Financial Highlights Investors Update – Jan 12

Operational Highlights Investors Update – Jan 12 Total Disbursement is at r * millions increased by 4.5 % Total Customer Outreach at * Including Nupur Finvest Pvt. Ltd. Figures.

Increased total member base to * lacs Revenue of r crores for 9M FY 12 ( up 19.53% YoY ) Revenue of r crores for Q3 FY 12 ( up 23.45% QoQ) PBT of r crores for 9M FY 12 ( up 13.23% YoY ) PBT of r crores for Q3 FY 12 ( up 1.40% QoQ ) PAT of r crores for 9M FY 12 ( up 0.61% YoY ) PAT of r crores for Q3 FY 12 ( up 0.93% QoQ) Networth of r crores as at December 31, 2011 Highlights – Q3 FY 12 Investors Update – Jan 12

SEIL methodology and process Investors Update – Jan 12 Focus on large clientele of small / medium business, family run enterprises & traders Transactions are based on qualitative & quantitative assessments of the entity Focus on credit history, local knowledge of operating segments & understanding of the performance of the entity Pricing reflective of risk assessment of the client Competitive fast & efficient decision making Quick processing Robust reminder & collection process Client Acquisition Assessment Focus Approach DeliveryProducts

Consolidated Income Statement Investors Update – Jan 12

Nupur Finvest Pvt. Ltd. ( NFPL) Investors Update – Jan % owned by SEIL. RBI registered NBFC. Credit Rating of CARE A – (SO) [ Single A Minus ( Structured Obligation) assigned by CARE Ltd. On to the Bank loan facility Total Disbursement for 9M FY 12 r millions. Total Customer outreach at Total Revenue for 9M FY 12 r millions Total PBT for 9M FY 12 r millions Total PAT for 9M FY 12 r millions Net worth for 9M FY 12 r millions

At a Glance – Position of Nupur Finvest Pvt. Ltd. pursuant to main recommendations of Malegam Committee on Microfinance Investors Update – Jan 12 S.NoParticularsAs per Sub-Committee Report As per NUPUR FINVEST after changes made as per Malegam Report Remarks 1.Criteria for NBFC-MFIHolds not less than 90% of its total assets (other than cash, bank and money market instruments) in the form of Qualifying Assets. Nupur Finvest Pvt. Ltd. Will be considered as NBFC - MFI. Having more than 90% qualifying assets. Ok 2.Minimum Net Worth R 15 cr.Now the Net Worth has been raised to r 52 cr. (as on date). Ok 3.Interest CapMax. 26%Existing is below 26%Ok 4.Loan SizeIndividual Loan – not to exceed r 35,000 in first cycle and r 50,000 in subsequent cycle. Aggregate of all outstanding loan - r 50,000 Scheme modified, now the maximum amount of loan restricted to r 50,000. Ok 5.Purpose of loanLoans for income generation purpose is not less than 75% of total loans given by MFIs For income generation purpose only. Ok 6.Repayment ScheduleWeekly, Fortnightly, Monthly – choice is on the borrower. MonthlyOk

Significant Highlights in Q3 FY 12 Investors Update – Jan 12 Rating Update [ Reaffirms the rating on ] CARE Rating: Rated adequate safe ‘ CARE A’ for SEIL Fixed Deposit Programme : Rated adequate safe ‘ CARE A –’ for Bank Loan facilities SEIL is registered with RBI, New Delhi as a deposit accepting NBFC Expansion Policy SEIL is expanding its domestic footprint in state like Gujarat and Andhra Pradesh.