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Investor Presentaiton

Overview on Investments Cost Market Value Subsidiaries ✓ PTBAI 0.57 0.57 * ✓ Bajaj Auto International Holdings BV 5.69 5.69 * ✓ Other equities .01 .01 * * Sub-total ... 6.27 6.27 Fixed Income 12.30 12.57 Total ... 18.57 18.84 * At book value since not quoted All values in INR billion unless specified otherwise BAJAJ Distinctly Ahead 10

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