GAMMON INDIA LIMITED

NOTICE TO INVESTORS
The Company accepts full responsibility for the information contained in this Preliminary Placement Document
and to the best of its knowledge and belief, having made all reasonable enquiries, confirms that this Preliminary
Placement Document contains all information with respect to the Company, its subsidiaries and the Equity
Shares, which is material in the context of this Issue. The statements contained in this Preliminary Placement
Document relating to the Company, its subsidiaries and the Equity Shares are, in all material respects, true and
accurate and not misleading, the opinions and intentions expressed in this Preliminary Placement Document
with regard to the Company, its subsidiaries and the Equity Shares are honestly held, have been reached after
considering all relevant circumstances, are based on information presently available to the Company and are
based on reasonable assumptions. There are no other facts in relation to the Company, its subsidiaries and the
Equity Shares, the omission of which would, in the context of the Issue, make any statement in this Preliminary
Placement Document misleading in any material respect. Further, all reasonable enquiries have been made by
the Company to ascertain such facts and to verify the accuracy of all such information and statements.
IDFC-SSKI Limited and India Infoline Limited, the Joint Global Co-ordinators, have not separately verified the
information contained in this Preliminary Placement Document (financial, legal or otherwise).
Accordingly, neither the Joint Global Co-ordinators nor any of their respective members, employees, counsel,
officers, directors, representatives, agents or affiliates makes any express or implied representation, warranty or
undertaking, and no responsibility or liability is accepted, by the Joint Global Co-ordinators, as to the accuracy
or completeness of the information contained in this Preliminary Placement Document or any other information
supplied in connection with the Equity Shares. Each person receiving this Preliminary Placement Document
acknowledges that such person has neither relied on the Joint Global Co-ordinators nor on any person affiliated
with the Joint Global Co-ordinators in connection with its investigation of the accuracy of such information or
its investment decision, and each such person must rely on its own examination of the Company and its
subsidiaries and the merits and risks involved in investing in the Equity Shares issued pursuant to the Issue.
No person is authorised to give any information or to make any representation not contained in this Preliminary
Placement Document and any information or representation not so contained must not be relied upon as having
been authorised by or on behalf of the Company or the Joint Global Co-ordinators. The delivery of this
Preliminary Placement Document at any time does not imply that the information contained in it is correct as at
any time subsequent to its date.
The Equity Shares have not been approved, disapproved or recommended by any regulatory authority in
any jurisdiction. No authority has passed on or endorsed the merits of this offering or the accuracy or
adequacy of this Preliminary Placement Document.
The distribution of this Preliminary Placement Document and the Issue may be restricted by law in certain
jurisdictions. As such, this Preliminary Placement Document does not constitute, and may not be used for or in
connection with, an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not
authorised or to any person to whom it is unlawful to make such offer or solicitation. In particular, no action has
been taken by the Company and the Joint Global Co-ordinators which would permit an offering of the Equity
Shares or distribution of this Preliminary Placement Document in any country or jurisdiction, other than India,
where action for that purpose is required. Any representation to the contrary is a criminal offence in the United
States and may be a criminal offence in other jurisdictions. Accordingly, the Equity Shares may not be offered
or sold, directly or indirectly, and neither this Preliminary Placement Document nor any other offering materials
in connection with the Equity Shares may be distributed or published in or from any country or jurisdiction,
except under circumstances that will result in compliance with any applicable rules and regulations of any such
country or jurisdiction.
In making an investment decision, investors must rely on their own examination of the Company, its
subsidiaries and the terms of this Issue, including the merits and risks involved. Investors should not construe
the contents of this Preliminary Placement Document as legal, tax, accounting or investment advice. Investors
should consult their own counsel and advisors as to business, legal, tax, accounting and related matters
concerning this Issue. In addition, neither the Company nor the Joint Global Co-ordinators are making any
representation to any offeree or purchaser of the Equity Shares regarding the legality of an investment in the
Equity Shares by such offeree or purchaser under applicable legal, investment or similar laws or regulations.
Each purchaser of the Equity Shares in this Issue is deemed to have acknowledged, represented and agreed that
it is eligible to invest in India and in the Company under Indian law, including Chapter VIII of the SEBI
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