IRIL Cover Sheet Results FY02 .XLS - Aditya Birla Nuvo, Ltd

Insulators– Outlookq Sector outlook promising‣ Development of power infrastructure gaining momentum in India and Abroad‣ The recent announcement to meet the demand gap of power in 10th & 11th Plan bygovernment generating additional power of 1 lac MW by 2010, will lead toimprovement in demand for insulators‣ Global markets present exciting opportunitiesv European manufacturer cutting production due to high costsv Large demand potential from underdeveloped African and Asian nationsq IRIL will focus on‣ Quality conscious user segments in thev Equipment porcelain and high end transmission products market‣ Strengthening of exportsv Leverage existing strong relationship with OEM’sv Deeper penetration in existing markets and entry into new marketsv Focus on high rating products in the quality conscious segments‣ Insulator’s segments will remain a priority31