Shriram City Union Finance Limited - Karvy

The details of Series I have been summarized below:As at March 31, 2009 As at March 31, 2008Number ofSharesWeightedAverageExercisePrice(Rs.)Number ofSharesWeighted AverageExercise Price(Rs.)Outstanding at the beginning of the year Nil NilAdd: Granted during the year 13,27,500 Rs. 35.00 13,27,500 Rs. 35.00Less: Forfeited during the year Nil - Nil -Less: Exercised during the year 6,800 Rs.35.00 - -Less: Expired during the year - - - -Outstanding at the end of the year 13,20,700 Rs. 35.00 13,27,500 Rs. 35.00Exercisable at the end of the year - -Weighted average remaining contractual life(in years)11.55 12.55Weighted average fair value of options granted Rs. 227.42 Rs. 227.42The details of exercise price for stock options outstanding for Series I at the end of the year are:As atRange ofexercisepricesNumber of optionsoutstandingWeighted averageremainingcontractual life ofoptions (in years)Weighted average exercise priceMarch 31, 2009 Rs.35/- 13,27,500 11.55 Rs.35/-March 31, 2008 Rs.35/- 13,27,500 12.55 Rs.35/-F-90