Bajaj Auto Limited · NSE:BAJAJ_AUTO

Bajaj Auto — Investor Presentation (May 2008)

54 slides from Bajaj Auto's investor presentation, May 22, 2008

1. Slide 1: Distinctly Ahead

   3 BAJA Distinctly Ahead

2. Slide 2: Pre-demerger Bajaj Auto Ltd.

   Pre-demerger > eae Bajaj Auto Ltd. Auto Insurance Wind-farm Consumer Business Businesses Project Finance | Investments and Cash

3. Slide 3: !" !" # $ * % &' () # + # % &' ,#

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4. Slide 4: / + / (5 $ 6!!5 (, !5 # !5 '7 6! # $

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5. Slide 5: Bajaj Auto Ltd (post de-merger)

   3 BAsAI Distinct Bajaj Auto Ltd ( post de-merger )

6. Slide 6: 1 $ >5 B 0B !) 60( B 05 5 B ) ) 0,>)

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8. Slide 8: ? 5!5> 6! B ) B ( 2B

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9. Slide 9: / ' # / # , # , , ( ) ,5 , #

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10. Slide 10: & % / , 16;<! # # = ; 7< ! > , ;/

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11. Slide 11: B1 = > E = > E

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12. Slide 12: -A 5 # # 3 H A 5 # # 3 .

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13. Slide 13: # 6!!5 !, E " ' # / ? 6!!2 !5 # # #

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14. Slide 14: 8E # D C

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15. Slide 15: Tea Break

    3 BAsAI Distinctly Ahead Tea Break

16. Slide 16: Bajaj FinServ Limited

    SAIJIAS Bajaj FinServ Limited

17. Slide 17: Bajaj FinServ Limited

    Bajaj FinServ Limited 6!!) 6!!2 H , # @+ &7 H ,I 6 , " , # # 0 <2 # % ( # 8 G # !, # !, # F " ( # 8 # & " 3 # & # ; + # F : Source: United Nations Statistics Division www.data.un.org 6 8 $0 - 8 JB" 9 :3 8 J ," :

18. Slide 18: Bajaj FinServ Limited

    Bajaj FinServ Limited + $ ? ((!( A/ ,, / ,) ) , AM (2) - 1 $ ,> 6B 6 6 / L 3 (!) (2 3 # ) ) 2B ( * $ >, 25 I ( 2! B 65 ! ( !! 6!! !! >!! ) !! 2!! 5 !! ,!! B !! ! 6 > 2 , (! (6 (> (2 (, 3 3 A/K " *+ / I 1 1 - / - 1 - 3 I A / ( 5 5 5 !) ( 65 / M ((! > (! , L 3 >) ) !, ( ,( 6 * $ ; /9< (2 ,6 ) 2) 6 AM

19. Slide 19: Share of population by income levels

    Bajaj FinServ Limited 6!!( 6!629 J Working age # # population # 260 4 & " ; ' , ' # $ # # & # # # < < " , 3 , # # ;$ # # I 9 # # # # # ) # # % 0" 3 # # # " 3 3 Share of population by income levels 8 - Income Rs. '000, 2000 prices 100 80 3 3 8 % of population 60 40 20 8 0 1985 1995 2005E 2015E 2025E

20. Slide 20: Bajaj FinServ Limited

    Bajaj FinServ Limited / 8 3 % #$ $ & 4 ,0 C B , ! 4 " 1 ? 8 0 8 0

21. Slide 21: Bajaj FinServ

    7 Bajaj FinServ Limited Bajaj FinServ I * + # I* 1 7 A / 9: :3

22. Slide 22: Bajaj FinServ Limited

    Bajaj FinServ Limited / I I * 3 $ 3 $ + 3 - 0 3 /$ # <" 4 4 / ;8& " ( " ( ' " ( , , # " 0 " # " 0 " # " 0 "

23. Slide 23: Bajaj FinServ Ltd Annual Results

    BAJAJ Bajaj FinServ Limited Bajaj FinServ Ltd Annual Results

24. Slide 24: Bajaj FinServ Limited

    Bajaj FinServ Limited B = > H E !, E / ! 0 ," ! 4 " ? B ) 0) 5 , 62025 2 ( 6606) > / H; < ! 0 - . - . ," - . - . 5 2 ! 4 " # : 266 ; B ,< 66> : . $ (! ; 5< ; 65 <

25. Slide 25: Bajaj FinServ Limited

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26. Slide 26: Bajaj FinServ Limited

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27. Slide 27: Bajaj FinServ Limited

    7 8 3 Bajaj FinServ Limited , 03 , ; 7 7< + ! 0 # ; 7 7< + * # ; 7 7< 0 8 # ; 7 7< + 8 ) 30 # & % 9 / 0 $ 4 "

28. Slide 28: ; < G < G < B B !< K

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29. Slide 29: $ ( " " " 2, " ' , % : , " '

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30. Slide 30: F : # 8E H # 8E F F " 0" # 8E H

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31. Slide 31: F " 0" @ # H # 1#E

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32. Slide 32: : 6!!5 !, 6!!2 !5 6!!) !2 & * % -5 . > $

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33. Slide 33: # $ E7 E ' !, !5 * 6) ,! ( ,0! >6 B

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34. Slide 34: Free cash flow

    1 1 ' 6!!, 6!!5 & , 4 " $ ! 0 4 $ 3 : 8 2 : 8 0 8 3 Free cash flow = increase in invested surplus net of financing cash flows

35. Slide 35: / ' 6!!5 !, 6!!2 !5 & " 0" ; B @ ) >,

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36. Slide 36: Bajaj Allianz Life Insurance Co

    BAJAJ Allianz (il) BAJAJ ALLIANZ LIFE INSURANCE CO

37. Slide 37: $ " " M F )1 : " : , < L " "

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38. Slide 38: $ F < M ! ,0 ( : C $ @ ( @ %

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39. Slide 39: F " 0" @ # H # #E

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40. Slide 40: / $ ' # !, !5 * B5 ) > : " 0" #

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41. Slide 41: / ' 6!!5 !, 6!!2 !5 & " 0" ( 60( !5 0!!2 ;

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42. Slide 42: I @ & E !, @ ' ( 60!6B & D% ( % D6

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43. Slide 43: I @ ; < / $ ( : ;0 < , ' " 0"

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44. Slide 44: Retail Financing

    Bajaj FinServ Limited RETAIL FINANCING

45. Slide 45: Bajaj FinServ Limited

    Bajaj FinServ Limited F 6: : & 0" ,0 3 " 0 1 8 - @ 8 # 0 + !1 $ 2 B 1 N& N " 30 - 3 0 , . B ( - 3 0 , .

46. Slide 46: Bajaj FinServ Limited

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47. Slide 47: Bajaj FinServ Limited

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48. Slide 48: Bajaj Holdings and Investment Ltd (post de-merger)

    3 BAsAI Distinct Bajaj Holdings and Investment Ltd ( post de-merger )

49. Slide 49: / ' ? 0) ) '" ( ) $ * ? :3 2! *

    / ' ? 0) ) '" ( ) $ * ? 9 :3 2! 1 2 3 2 * 1 4 2 * : 0!5 ! 9 / ;8 < ! + 6!!"

50. Slide 50: / ' / , , , ( 06,) ( 06,) * , - .

    / ' / 5 4 , 0 0 6 , 20 , ( 06,) ( 06,) 33 8 * , - . ! 4 " 0 - . ) 2 , * , 70 " ( 06,)

51. Slide 51: $ & % / !& !& ! ; # " ; 7< # "

    7 8 $ & % 9 / 0 !& !& ! ; 9 # " ; 7 7< 0 # " = ; 7 78 4 # " = % B # " $ ?0 03 8 * , ! " ? F 606B 6 ) !02,,

52. Slide 52: B = > H E !, E

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53. Slide 53: Cautionary Statements

    BAJA Allianz @) Bajaj Allianz Life Insurance Co Ltd Bajaj Allianz General Insurance Co Ltd Cautionary Statements Except for the historical information contained herein, certain statements & values are forward —-looking statements & values including, but not limited to, statements & values that are p

54. Slide 54: ! " # $ % &' ( # ' &)** +,- . / #

    ! " # $ % &' ( # ' &)** +,- . / 0 1 # 2 " # $ 3

Bajaj Auto — Investor Presentation (May 2008) on 6ix