Investor Presentation Q4 FY’11 S.E. Investments Limited Investor Presentation Q4 FY’11

Business Update Year-on-Year (Y-o-Y) Comparison Q4 FY Key Financial Highlights (Year ended FY’11 v/s year ended FY’10) Quarter-on-Quarter (Q-o-Q) Comparison Q4 FY Key Financial Highlights (Q4FY 11 v/s Q4FY 10) (Amt in Millions) S.E. Investments Ltd.

Financial Highlights S.E. Investments Ltd. As compared to last year Income from Operations is increased by % at Rs millions As compared to last year Profit Before Tax (PBT) is increased by % at Rs millions As compared to last year Profit After Tax (PAT) is increased by % at Rs millions Amount in millions

Operational Highlights S.E. Investments Ltd. Total Disbursement is at Rs millions increased by 78.20% Total Customer Outreach at increased by 38.92% (in million) (in number) 38.92% 78.20%

Increased total member base to 3.81 lacs Loan disbursements Rs.188 crores for Q4 FY11 and Rs 936 crores for year ended FY11 (up 78.22%YoY) Gross loan portfolio increased to Rs.827 crores (up 57.9% YOY) including assigned loans of Rs. 171 crores Revenue of Rs 48 crores for Q4 FY11(up 76% YoY ) and Rs.181 crores for year ended FY11(up106% YOY) PBT of Rs. 20 crores for Q4 FY11(up 84% YoY ) and Rs.86 crores for year ended FY11(up 166% YOY) PAT of Rs. 8 crores for Q4 FY11(up 2%YoY)and Rs. 61 crores for year ended FY11 (up 131%YoY) Networth of Rs. 350 crores as at March 31,2011 S.E. Investments Ltd. Highlights – Q4 FY11

Approach Client Acquisition Focus Assessment DeliveryProducts SEIL methodology and process… S.E. Investments Ltd.

Consolidated Income Statement

S.E. Investments Ltd. SEIL in Media Acquisition of 100% equity shares of RBI registered NBFC Mar S. E. Investments Ltd. has informed BSE & NSE that the Company M/s S. E. Investments Limited, for proper monitoring and regulation of micro financing business, is acquiring 100% equity shares of M/s Nupur Finvest Private Limited, a RBI registered NBFC, making it 100% wholly owned subsidiary of M/s S. E. Investments Ltd. and to carry on micro finance business according to modified guidelines. Acquisition of 100% equity shares of RBI registered NBFC Mar S. E. Investments Ltd. has informed BSE & NSE that the Company M/s S. E. Investments Limited, for proper monitoring and regulation of micro financing business, is acquiring 100% equity shares of M/s Nupur Finvest Private Limited, a RBI registered NBFC, making it 100% wholly owned subsidiary of M/s S. E. Investments Ltd. and to carry on micro finance business according to modified guidelines. Malegam Committee Recommendations Jan For the sake and benefit of Micro Finance borrowers, RBI constituted a committee `Malegam Committee’ which submitted its recommendations on 19 th Jan However, SEIL is already operating within the recommended limits, except the condition of 90% assets of MF to qualify as NBFC-MFI. The strategic move to acquire the Nupur Finvest Pvt. Ltd. as wholly owned subsidiary of SEIL is the answer to the likely change in the regulations. Malegam Committee Recommendations Jan For the sake and benefit of Micro Finance borrowers, RBI constituted a committee `Malegam Committee’ which submitted its recommendations on 19 th Jan However, SEIL is already operating within the recommended limits, except the condition of 90% assets of MF to qualify as NBFC-MFI. The strategic move to acquire the Nupur Finvest Pvt. Ltd. as wholly owned subsidiary of SEIL is the answer to the likely change in the regulations. Opening of New Branch Office at Bareilly, U. P. To expand its MF Business, company has opened its new Branch Office at Bareilly which has become fully operational in this quarter. Opening of New Branch Office at Bareilly, U. P. To expand its MF Business, company has opened its new Branch Office at Bareilly which has become fully operational in this quarter. Demerger Developments The Company has filed a petition for demerger of its Non Conventional Energy division and transfer and vest them into S. E. Power Ltd. before the Hon’ble Delhi High Court. As directed by the Hon’ble Delhi High Court the meeting of the share holders, secured creditors and unsecured creditors including fixed deposit holders were convened for approving the scheme and they have approved the scheme of Demerger at their respective meetings. The Petition is still pending before Hon’ble Delhi High Court for disposal, Demerger Developments The Company has filed a petition for demerger of its Non Conventional Energy division and transfer and vest them into S. E. Power Ltd. before the Hon’ble Delhi High Court. As directed by the Hon’ble Delhi High Court the meeting of the share holders, secured creditors and unsecured creditors including fixed deposit holders were convened for approving the scheme and they have approved the scheme of Demerger at their respective meetings. The Petition is still pending before Hon’ble Delhi High Court for disposal,

S.E. Investments Ltd. Nupur Finvest Pvt. Ltd. (NFPL)  100% owned by SEIL.  RBI registered NBFC.  Net worth over Rs. 50 Cr.  Process to shift SEIL Microfinance operations to Nupur already initiated. Seasoned field managers & managerial/support staff with updated knowledge of Malegam recommendations are on job. Continuous training sessions are going on.  Fresh microfinance business being undertaken in Nupur from 1 st April 2011 onwards.

S.E. Investments Ltd. S.No.ParticularsAs per Sub-Committee Report As per NUPUR FINVEST after changes made as per Malegam Report Remarks 1.1.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 WorthRs. 15 cr.Now the Net Worth has been raised to Rs. 52 cr. (as on date). Ok 3.Interest CapMax. 26%Existing is below 26%Ok 4.Loan SizeIndividual Loan – not to exceed Rs. 35,000 in first cycle and ` 50,000 in subsequent cycle. Aggregate of all outstanding loan – Rs. 50,000 Scheme modified, now the maximum amount of loan restricted to Rs. 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 At a Glance—Position of Nupur Finvest Pvt. Ltd. pursuant to main recommendations of Malegam Committee on Microfinance

S.E. Investments Ltd. AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2011 S. No.PARTICULARS Year Ended Year Ended (Audited) 1Income from operations Expenditure a. Employee Cost b. Depreciation c. Other Expenditure d. Total Profit from Operations before other income and interest (1-2) 4Other Income-- 5Profit before Interest (3+4) Interest/Hire Charges Profit after Interest & before Tax (5-6) Tax Expenses Net Profit after Tax (7-8) Paid-up Equity Share Capital (Face value of Rs 10/-) Financial results of Nupur Finvest Pvt. Ltd.- at a glance. STATEMENT OF ASSETS AND LIABILITIES AS ON 31ST MARCH, Shareholders' Funds: a)Capital b) Reserves and Surplus Loan Funds Total Fixed Assets Investments Current Assets, Loans and Advances a) Inventories b) Cash and Bank Balances c) Loan and Advances Less: Current Liabilities and Provisions a) Liabilities b) Provisions Misc. expenditure (to the extent not written off or adjusted in Profit & Loss Account) Total

S.E. Investments Ltd. Sunil Agrawal Managing Director Investor Relation Desk Thank You