Powered to Fly High

1. Powered to Fly High

2. Structure of presentation • TVS Group • Industry outlook • TVSM : Poised for quality growth

3. Two-Wheelers & Three Wheelers A fast growing Automobile Company in India Non-automotive Pioneers in IT Hardware in India and Financial Services Vehicle Dealership & Logistics Largest Auto parts distributor Largest car and truck dealership In India Auto Components Largest Auto Components Manufacturer in India The TVS Group Established 1911

4. 2000 1920 1930 1940 1950 1960 1970 1980 1990 2009 TVS Group - Our Journey • Exports to over 30 countries • Largest in India Entry into Electronics Manufacturing Auto Components Manufacturing - 1961 Three wheeler Manufacturing Dealership Agreement with GM - 1929 Trust Value Service Established Overseas plants Launch of Logistic Network Two wheeler Manufacturing • Exports of 2W to 55 countries Launch of Bus Service - 1911 Begin Financial Services

5. TVS Group - Awards & Recognition • Deming Quality Award • Sundaram Clayton • Brakes India • TVS Motor Company • Sundaram Brake Linings • Lucas-TVS • Japan Quality Medal • Sundaram Clayton • TPM Excellence awards • Sundram Fasteners • Brakes India • TVS Motor Company • Sundaram Auto Components Ltd

6. India remains a lucrative market Low penetration rate despite India being 2nd largest market • India is the second largest two-wheeler market in the world with sales of ~9.4 mn units in domestic market in FY10 • However, penetration levels still very low compared to other countries such as China, Indonesia etc. • Strong GDP growth at 8%+ augurs well for the Indian economy • Rising per capita income to enhance affordability, and demand for two-wheelers • Lack of public transport • Emergence of a large young working population Source: KPMG Increasing per-capita income Source: CSO, ENAM Research

7. India – Macro perspective • Secular rural demand • Stimuli such as NREGA will help positive thrust in rural consumption • Higher MSP • Retail Financing improving with structural changes • CIBIL checks mandatory • Higher down payment • Absence of DSAs • Tighter credit norms Credit sales improving

8. Two Wheeler Industry – Average Monthly sales (nos. in 000’s )

9. Motorcycles – Industry Structure Executive segment, the key focus area

10. TVSM – poised for Quality growth

11. TVSM - Company overview • One of the largest two and three wheeler companies • A state of the art manufacturing plants located in Karnataka, Tamil Nadu, Himachal Pradesh and Indonesia • Capacity 24 lakh vehicles (2009-10) being increased to 28 Lakhs • Strong World class in-house R & D • Robust supplier base • Extensive all India sales & service network • Rapid growth in exports • Sales ( 2009-10) : Rs. 4431 Cr.

12. Strong presence in all 3 segments (nos. in 000’s ) 1520 1342 1277 866

13. Strong All India distribution network Number of Dealers 641 January 2010 TVSM has a robust two tier distribution network with 641 exclusive dealers supplemented by more than 2000 sales & service points

14. 60000 Apache series 50000 Flame SR 125 45000 Jive WeGo 40000 StaR series Streak 35000 Ex-Showroom price-Bangalore (June’10) Scooty Pep 30000 25000 XL Super / Heavy duty 20000 15000 UNGEARED MOPEDS MOTORCYCLES SCOOTERS Complete product range A complete portfolio with product at every price point

15. TVS Jive – 110cc • India’s first auto clutch motorcycle • Launched in April’10 with pan-India availability by June/ July’10 • Positioned in the Executive segment, which accounts for 60%+ of the motorcycle market • Initial response very satisfactory.

16. TVS Apache RTR – 180cc

17. Un-geared Scooters – Steadily gain momentum • Industry • CAGR (5 years) 12% • Account for 14% of the two wheeler segment • TVSM • TVSM strong in the sub 100 segment. However overall TVSM Market share lower in the absence of bigger scooter. • Launch of WeGo will address this issue

18. Under seat storage illumination No more fumbling in the dark Self glow ignition key ring Now visible in the dark Best Design of the year 2008 Overdrive awards New 90 cc engine More power for that zippy ride Cell phone charger Get charged on the move! Patented EZ center stand No huffing. No puffing. Park effortlessly Trendy decals A vibrant & stylish look

19. Scooty Streak Launched in Sept 2008 With 6 never before features, and leading edge styling

20. TVS WeGo – 110cc • Multi-user friendly vehicle • Equipped with • Unique design technology - Body Balance • Large 12 inch alloy wheels • Big internal storage space • LED tail lamp

21. The stylish TVS KING

22. The stylish TVS KING • TVS entered the 3W market towards the end of FY08, with TVS-King. • TVS-King engineered with ‘best in class’ features. • Achieved average monthly Sales of 2500 nos in April/May ‘2010 • Large potential for exports. • Target of 50,000 units in FY11 (14,700 units in FY10)

23. Indonesia – The emerging opportunity • Third largest market in the world with volumes over 6mn units p.a. • TVS has a local assembly plant with a capacity of 0.3 mn units p.a. • Launched TVS Neo , TVS Rockz and Apache in the Indonesian market TVS Neo

24. Awards in Indonesia

25. TVS Motor’s Standalone performance 2009-10 Rs Cr

26. Summary • Long term growth prospects for the industry are attractive • TVSM poised to grow • Strong innovation and faster upgrades • Strong brands that resonate with their customers • Exports will be a significant growth engine • Entry into three wheeler has enhanced product portfolio • Significantly improved/ superior product quality • New products across segments, will strengthen TVS’ presence and lead to market share gains • Improved product mix likely to increase realizations and profitability • Focused efforts to reduce cost will improve profitability • Strong free-cash flow expected

27. Thank you No part of this presentation is to be circulated, quoted, or reproduced for any distribution without prior written approval from TVS Motor Company Limited, PB 4, Harita, Hosur-635109, Tamilnadu, India. Certain parts of this presentation describing estimates and future plans may be “forward looking statements” within the meaning of applicable laws and regulations. Actual results might differ materially from those either expressed or implied. This material is not a complete record of the discussion.