To HSBC from Us

THIS IS TO INFORM YOU THAT I HAD BOUGHT 200 SHARES OF JAIPRAKASH INDUSTRIES LTD IN AUGUST 1996 IN NAME OF MY WIFE SNEH LATA GUPTA FROM YOUR CLIENT INDIAN BANK A/C INDBANK (offshore) MUTUAL FUND THROUGH BROKER VASANT HOLDINGS PVT LTD. AT THE TIME OF SALE I HAD RECIEVED THE ORIGINAL SHARE CERTIFICATES OF THE SAME. BUT DUE TO SOME PERSONAL REASONS I WAS UNAVAILABLE TO GET THE SHARES TRANSFERRED IN MY NAME.

IN THE MEANWHILE, JAIPRALASH INDUSTRIES LTD AMALGAMATED WITH JAYPEE CEMENTS LTD AND CAME TO BE KNOWN AS JAIPRAKASH ASSOCIATES LTD. FOLLOWING THIS THE NEW SHARE CERTIFICATES OF JAIPRAKASH ASSOCIATES LTD WERE DESPATCHED BY THEM TO YOUR CLIENT INDBANK (OFFSHORE) MUTUAL FUND ON 8.4.2004. THUS WHEN I SEND THE TRANSFER DEED FOR JAIPRAKASH INDUSTRIES LTD,IT WAS REJECTED DUE TO THE ABOVE SAID REASON. HENCE I WANT TO GET THE NEW SHARES OF JAIPRAKASH ASSOCIATES WHICH WERE SENT TO YOU BY THE COMPANY.

OTHER DETAILS ARE AS FOLLOWS: NAME- SNEH LATA GUPTA NO OF SHARES- 200 CERTIFICATE NUMBERS- 263425, 263426, 351722. EMAIL - [email protected]

I HOPE YOU WILL UNDERSTAND THE PROBLEM AND LOOK INTO THE MATTER SOON.

Hsbc to us

Dear Mr. Sajjan

We refer to your appended email on the captioned subject.

On the basis of the share certificate number provided by you, we advise that the following 200 shares of Jaiprakash Industries Ltd. were sold by the client Indian Bank A/c Indbank (Offshore) Mutual Fund in August 1996 through the broker Vasant Holidngs Pvt. Ltd. Certificate NumberDistinctive Number Quantity 263425 66756152 – 201 50 263426 66756202 – 251 50 351722 22672458 – 557 100 We advise that as per the normal procedure, at the time of a sale the shares are handed over to the client selling broker along with blank transfer deeds and we are not aware of the identity of the final buyer. Hence, you will appreciate that we are not in a position to issue fresh transfer deeds or shares to a third party other than to the client’s selling broker to whom we are contractually obliged.

However in order to investigate and process your claim we request you to forward us the following documents / information:

1. A demand draft of INR 5000.00 (non refundable) favouring HSBC being charges for processing your claim. 2. Proof of purchase of the above shares i.e. copies of the broker contract note and delivery note (giving details of above share certificates) duly certified as true copy by your Bankers, Advocate or a Notary. 3. Your specimen signature duly attested by the bankers. 4. Copies of the share certificates and transfer deeds (both the sides) duly certified as true copies by the Bankers, Advocate or a Notary. 5. Details of new share certificates of Jaiprakash Associates Ltd. (i.e. certificate number and distinctive numbers) that the company had issued in lieu of the above 200 shares of Jaiprakash Industries Ltd.

Please forward the above processing charges, supporting documents and details of new share certificates to our following address at the earliest:

Attn. Mohammed Hussain HSBC Custody and Clearing S K Ahire Marg Worli, Mumbai - 400 030.

If your claim is found to be in order, we will return the new share certificates of Jaiprakash Associates Ltd. to the company to transfer the same in favour of the genuine purchaser after doing due diligence at their end.

Please do not hesitate to contact us if you need any clarification in the matter.

Yours sincerely

Mohammed Hussain Asst. Manager Litigation and Claims HSBC Securities Services Ph: 2491 7272. From hsbc to us

We refer to your appended email dated 19 December 2007 on the captioned subject.

In this regard we request you to kindly refer to our letter Ref: Claims/499 dated 16 October 2006 and our emails dated 26 June 2007, 17 September 2007 and 21 November 2007 wherein we had requested you to provide us the necessary documents and processing fees to process your claim.

Please be advised that we have still not received the required documents and we are still looking forward to your response on our above letter and emails. Also please be advised that going forward we would not counter to your request if you are not providing us the required documents and processing fees to process your claim.

Please do not hesitate to contact us if you need any clarification in the matter.

Yours sincerely Mohammed Hussain Assistant Manager Litigation and Claims HSBC Securities Services

Ph: 022 2491 7272

From us to hsbc

This is to inform you that i have sent the required documents and demand draft for the processing of my claim no. 499(refer to appended mail) . i request you to kindly acknowledge the receipt of the same and process my claim as soon as possible.

From us to jaypee

HAVE 200 SHARES OF JAIPRAKASH INDUSTRIES LIMITED (CERTIFICATES NO- 263425,263426,351722) I WAS UNABLE TO GET THE SHARES TRANSFERRED IN MY NAME. MEANWHILE THE COMPANY AMALGAMATED AND THE NEW SHARES WERE SENT TO THE EARLIER HOLDER: INDBANK (OFFSHORE)MUTUAL FUND C/0 HSBC LTD CENTRAL SERVICES CENTRE S.K.AHIRE MARG (REFER TO YOUR LETTER NO. JAL/SHR/OBJ/12500)

I HAVE CONTACTED THEM FOR MY SHARES. AND THEY WANT THE DETAILS OF THE NEW SHARE CERTIFICATES SENT TO THEM BY YOUR COMPANY. (refer to appended mail below) THUS, I REQUEST YOU TO SEND ME THE DETAILS OF NEW SHARE CERTIFICATES(i.e. certificate number and distinctive numbers) that the company had issued in lieu of the above 200 shares, AT THE EARLIST

From us to hsbc

Dear Mr. Hussain This is in response to your letter no. claims/499 dated 7th march 2008, regarding the details of new share certifiactes sent to HSBC by Jaiprakash Associates. Inspite of my repeated letters and mails to jaiprakash Associates Ltd, I havent got a response from their side. Thus, i request you to please try and process our claim further. I hope you will understand the problem and oblige me. thanking you. sneh lata gupta

From hsbc to us

Mr Sajjan

I understand you dilemma, but it would be difficult for us to settle your claim without having the new certificate details for any further clarification please be free to call me on 40357599

Regards...... Mohd Hussain

From us to hsbc

Mr Hussain,

As requested by you, i m sending the details of new share certifiactes sent to HSBC by Jaiprakash Associates. share certificate no. 51582 distinctive nos. 164543995 to 164550794 6800 shares These 6800 shares registered in their name in erstwhile Jaiprakash Industries Limited (JIL) on record date includes aforesaid 200 shares (certificate nos. 263425-426 &351722) reported purchased by us.

I have attached a copy of the letter sent to us by jaiprakash associates.

I request you to please process my claim further. thanking you sajjan kumar gupta