Disclaimer - Important

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED IN THE UNITED STATES. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE BY THE PHOENIX MILLS LIMITED (THE “COMPANY”) TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, AS AMENDED (“SEBI REGULATIONS”).

Please read this notice carefully before reading, accessing or making any other permissible use of the information and the document contained behind these screens - it applies to all persons who view this site. By accessing the information and documents contained behind these screens, you agree to follow the terms and conditions below, including any modifications to them from time to time.

The materials placed herein are so placed pursuant to the SEBI Regulations and are not intended to nor constitute an invitation to subscribe or a solicitation to offer to subscribe to the securities referred therein. Unless a pre-numbered placement document accompanied by an application form is addressed to a specific person inviting such person to make a bid through such application form, no offer and/or invitation of offer shall be deemed to have been made.

Viewing this information and document contained behind these screens may not be lawful in certain jurisdictions. Only persons located outside the United States may view this information.

Unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended that any offering of securities by the Company would be made directly or indirectly, in or into, the United States, except pursuant to an exemption from registration as described below.

The securities being referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, or any U.S. state securities laws. Accordingly, subject to certain exceptions, such securities may not be offered, sold or otherwise transferred in or into the United States. The information and document contained behind these screens should not be viewed by any persons resident or physically located in the United States.

The information and document contained behind these screens are so placed pursuant to Chapter VIII of the SEBI Regulations, in connection with the issuance of securities of the Company and is meant only for qualified institutional buyers (as defined in the SEBI Regulations), other than a foreign venture capital investor and a multilateral and bilateral development financial institution, and not otherwise excluded pursuant to Regulation 86(1)(b) of the SEBI Regulations), on a private placement basis and is not an offer to the public or to any other class of investors to sell, solicit or recommend the sale or purchase of securities. The public cannot subscribe to the issue since it is a private placement. The Company is not soliciting any action based on the information contained on this site. The price and offer size of the private placement is subject to approval by the board of directors of the Company (including any duly authorized committee of the board of directors of the Company). Unless a pre-numbered

Preliminary placement document accompanied by an application form is addressed to a specific person inviting such person to make a bid through such application form, no offer and/or invitation of offer shall be deemed to have been made.

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