Apr Jun 09 : Business Update July 31, 2009 Films Limited

2 Highlights  Turnover from operations : Rs. 105 Crores; Negative EBIDTA from Operations : Rs. 9 Crores  Long standing distributor exhibitor dispute got resolved in June  Added 28 exhibition screens across the world, current footprint of 457 screens  The first branded multiplex launched in US - Big Cinemas Golf Glen in Chicago  First IMAX Flat 3D Screen launched in the Country  Foray into European market by partnering with Pathé Netherlands  Completed the initial phase of the Apollo Moon Mission project for NASA  Launch of film camera rental, Adlabs becomes India’s largest equipment rental provider

3 Outlook from July onwards  Box office grows by 100% in July over average of last 6 months  Impressive line up of films for the year including Love Aaj kaal, Kaaminey, Whats your Rashee, Kites, Blue, London Dreams, Qurbaan, 3 idiots among others  DI lab: Signed up high profile films - Dharma Productions Qurbaan & Film Krafts Kites, Ashutosh Govarikars ‘Whats Your Rashee’ & Kamal Haasans Onnaipol Oruvam – Eenadu  Equipment Rental :  Films being serviced - Vipul Shahs London Dreams, Ashutosh Govarikars Whats your Rashee & Mani Ratnams Raavana  Shows being serviced - Rakhi ka swayamwar, Sach ka Saamna, Indias Got Talent, Dus Ka dum, Stunt mania, among others  Lowry has created tools & software development for conversion of SD to HD which will be significant value add in suite of offerings  Such ka Saamna has topped the TRPs for non fiction category with TRP of 4.6  Shows currently on air include Dus Ka Dum – 2 with Sony; Indias Got Talent with Colors; Sach Ka Saamna, Aap Ki Kachehari & Khelo Jito Jiyo with Star Plus  Project under implementation - Media BPO & Film City Studio on track

Financials Q PeriodApr Jun 09Apr Jun'08Variance Motion Picture Processing Revenue % EBIDTA % 22%46% Exhibition - Cinemas Revenue % EBIDTA. (17.20) % -24%8% Film Production & Distribution Revenue % EBIDTA % 24%15% Television Software Revenue % EBIDTA % 20%21% Total ( From Operations) Revenue % EBIDTA. (9.43) % -9%18% Total Revenue ( Incl Other Income) % Total EBIDTA (21.88) % Profit Before Tax (64.23) % Profit After Tax (64.60) % Rs. In Crores

Thank you Please contact : V.Devarajan, CFO, Mobile: