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Investor Presentation - Indian Oil Corporation Limited

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Key Risk Factors<br />

Fluctuations in commodity prices (eg. crude oil)<br />

Fluctuation in exchange rates (INR – US$)<br />

Fluctuation in global petroleum product prices<br />

Change in operating & distillate yields and impact on gross refining margins<br />

Impact of Government subsidy and other policies<br />

Risk associated with expansion and diversification of business including joint ventures and new ventures e.g. Bio fuels /<br />

Nuclear / Solar<br />

Compliance with the listing agreement in respect of requisite number of Independent Directors<br />

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