Kotak Mahindra S Foray Into Infrastructure

News Release

Kotak Investment Banking adjudged Best Investment Bank and Best Equity House in India

Mumbai, June 30, 2011: Kotak Investment Banking has been adjudged Best Investment Bank in India and Best Equity House in India in the FinanceAsia Country Awards for Achievement and the Best Domestic Equity House in the Asiamoney Best Banks Awards for 2011.

This is the sixth consecutive year that Kotak has been awarded the best investment bank in India title by FinanceAsia and the fourth year in a row that the firm has been named the best domestic equity house by Asiamoney.

Observations by FinanceAsia:  Kotak was present on a number of the top equity issuances in the period under review and it worked on equity deals across industry sectors spanning consumer products, real estate and finance, to name a few. Kotak also worked both with repeat issuers that are well known to investors as well as first-time issuers.  It raised acquisition finance for its clients and was one of the players instrumental in the revival of the non-convertible debenture market in India.  Perhaps the best testament to Kotak’s investment banking franchise lies in the fact that its international competitors always name it as their most effective domestic competitor.

Observations by Asiamoney:  In the ‘Dealogic’ rankings, Kotak topped the book running charts for Indian firms with US$1.46 billion worth of deal volume via 18 deals, representing a 6.6% market share.  Kotak has consistently been the broader house, being substantial in the secondary markets and having a strong reputation in equities research.

About Kotak Investment Banking http://investmentbank.kotak.com /

Kotak Investment Banking (KIB) is a full-service leading investment bank in India offering a wide suite of capital market and advisory solutions to clients across all major industry sectors. KIB offers the complete breadth and depth of advisory services – Equity and Debit Capital Markets, M&A Advisory, Private Equity Advisory, Structured Finance Services and Infrastructure Advisory & Fund Mobilization. KIB is a subsidiary of the Kotak Mahindra Bank Limited, one of India's leading banking and financial services organizations with a consolidated net worth of approx US$ 2.4 billion as on 31st March 2011.

For more information, please contact:

Phiroza Choksi Hitesh Motwani Kotak Investment Banking Genesis Burson-Marsteller Mobile: +91 98203 63681 Mobile: +91 9920013719 E-mail: [email protected] E-mail: [email protected]