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<strong>Reliance</strong> ADA Group<br />

All group companies have outperformed the Sensex<br />

280<br />

260<br />

Rebased <strong>to</strong> 100<br />

240<br />

220<br />

200<br />

180<br />

160<br />

140<br />

120<br />

100<br />

Sensex<br />

80<br />

Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07<br />

<strong>Reliance</strong> <strong>Communications</strong> Reliace Energy <strong>Reliance</strong> Natural Resources <strong>Reliance</strong> Capital Sensex<br />

Share price performance (%)<br />

As of Sep 13, 2007<br />

<strong>Reliance</strong><br />

<strong>Communications</strong><br />

<strong>Reliance</strong> Energy<br />

<strong>Reliance</strong> Natural<br />

Resources <strong>Reliance</strong> Capital Sensex<br />

1 year returns 70% 91% 160% 163% 30%<br />

Source: Bloomberg<br />

8 of 51 confidential

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