GAMMON INDIA LIMITED

Share Legal Other
capital Reserve Reserve
Other changes (3.500.000) 3.500.000
Capital stock increase 3.500.000
Net
result
TOTAL
3.500.000
Result for the current year (1) (2.769.663) (2.769.664)
At the current year-end 5.000.000 (18.779) (2.769.663) 2.211.558
The share capital is made up as follows.
Shares Number Value in Euro
Quote 5000000 1
5.000.000
The items of the shareholder equity are broken down as follows according to their origin, possible use,
distributability and use made in the three prior years (article 2427(1)(7-bis) of the Civil Code)
Nature/description Amount Possible
use*
Capital 5.000.000 B
Share premium reserve A, B, C
Revaluation surplus A, B
Legal reserve B
Treasury shares
Reserves provided for by the
Articles of Association
A, B
Other reserves (1) A, B, C
Retained earnings (loss (18.778)
carryovers)
TOTAL
Non-distributable amount
Remaining distributable
amount
* A: for capital increase
B: for loss coverage
C: for distribution to
shareholders
Available
amount
Amount used
in the 3 prior
years to cover
losses
Amount used in
the 3 prior years
for other
reasons
In conformance with everything provided by the accounting principle No. 28 on the Shareholder Equity, the
following complementary information is supplied:
a) write-up reserves have not been recorded
b) statutory reserves have not been recorded.
B) Provision for liabilities and charges
Balance at 31/12/2008 Balance at 31/12/2007 Changes
209.715 229.352 (19.637)
Description 31/12/2007 Additions Decreases Value 31/12/2008
Provision for pension and similar obligations
F
119