India: Capital Markets Transactions Banking and Transactions by the Dorsey & Whitney India Practice Group Lawyers

Qualified Institutions Placements (“QIPs”)

Dorsey acted as international counsel on the following matters:

Client(s) Issuer Type of Transaction Amount Raised  India IndusInd Limited QIP in India and US private US$675 million Company Private placement outside India Limited  JM Financial Institutional Securities Limited  CLSA India Private Limited  Global Markets India Private Limited  Securities (India) Private Limited  (India) Securities Private Limited  J.P. Morgan India Private Limited

Bank Plc Dewan Housing Finance QIP in India and US private US$130 million  Kotak Mahindra Capital Corporation Limited placement outside India Company  Motilal Oswal Investment Advisors

The Ltd QIP in India and US private US$102 million  JM Financial placement outside India  Spark Capital

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Client(s) Issuer Type of Transaction Amount Raised  Credit Suisse Securities ING Vysya Bank Limited QIP in India and US private US$147 million  Axis Capital placement outside India  JM Financial

 Morgan Stanley India IndusInd Bank Limited QIP in India and US private US$370 million  JM Financial placement outside India  CLSA India  HSBC Securities

 Edelweiss Financial Development Credit Bank QIP in India and US$18.8 million Services Limited Regulation S private placement outside India

 Enam Securities Dewan Housing Finance QIP in India, Rule 144A US$62.2 million  Standard Chartered Corporation Limited offering in the United Securities India States and Regulation S  Religare Capital private placement outside Markets India  Motilal Oswal Investment Advisors

 Morgan Stanley India IndusInd Bank Limited QIP in India, Section 4(2) US$253 million Company private placement in the  IDFC Capital United States and  JM Financial Regulation S placement Consultants outside India  BNP Paribas  UBS Securities India

 IDFC Capital The Dhanalakshmi Bank IP in India and a concurrent RS. 3,807 million  JM Financial Regulation S offering (US$85 million) Consultants outside India

 Motilal Oswal Dewan Housing Finance QIP in India, Section 4(2) Investment Advisors Corporation Limited private placement in the  JM Financial United States and Consultants Regulation S placement outside India

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Client(s) Issuer Type of Transaction Amount Raised  Enam Securities Magma Fincorp Limited QIP in India, Section 4(2)  Centrum Capital private placement in the United States and Regulation S placement outside India

 Morgan Stanley India IndusInd Bank Limited Concurrent QIP in India Company and Regulation S offering  IDFC‐SSKI outside India

Initial Public Offerings (“IPOs”) and Follow‐on Offers

Dorsey acted as international counsel on the following matters:

Client(s) Issuer Type of Transaction Amount Raised  Kotak Mahindra The RBL Bank Limited IPO in India and concurrent RS. 12,130 million Capital Company Rule 144A offering (US$180 million)  Axis Capital  Citigroup  Morgan Stanley  HDFC Bank  ICICI Securities  IDFC Securities  IIFL Holdings  SBI Capital Markets

of India Central Privatization, IPO and RS. 8,160 million  Enam Financial Rule 144A offering (US$208 million)  ICICI Securities  Kotak Mahindra Capital Company  Citigroup Global Markets India  IDBI Capital Markets Services

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Client(s) Issuer Type of Transaction Amount Raised  Indian Bank IPO and Rule 144A offering RS. 7,821 million  ICICI Securities (US$191 million)  Kotak Mahindra Capital Company  Enam Financial  SBI Capital Markets

 Power Finance PFC Privatization, IPO and RS. 9,972 million Corporation Limited Rule 144A offering (US$243 million) (PFC)

Bank of Baroda Follow‐on public offering RS. 16,330 million  DSP Lynch and Rule 144A offering (US$375 million)  Kotak Mahindra Capital Company  JM Morgan Stanley  Enam Financial  HSBC  SBI Capital Markets  Karvy Investor Services  Other underwriters

Andhra Bank Follow‐on public offering RS. 7,650 million  Citigroup Global and Rule 144A offering (US$175 million) Markets India  DSP Merrill Lynch  Kotak Mahindra Capital Company  Enam Financial  SBI Capital Markets

Union Bank of India Follow‐on public offering RS. 4,950 million  Citigroup Global and Rule 144A offering (US$110 million) Markets India  DSP Merrill Lynch  Kotak Mahindra Capital Company  Enam Financial SBI Capital Markets

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Client(s) Issuer Type of Transaction Amount Raised  Citigroup Global Motilal Oswal Financial IPO and concurrent RS. 2,461 million Markets India Services Regulation S offering (US$51 million) outside of India

 Development Credit Development Credit Bank IPO and concurrent RS. 65.06 million Bank Regulation S offering (US$1 million)  Enam Financial outside India  JM Morgan Stanley

 DSP Merrill Lynch Infrastructure Development IPO and concurrent Rule  Kotak Mahindra Finance Company 144A offering Capital Company

Yes Bank Limited IPO and concurrent Rule  DSP Merrill Lynch 144A offering  Enam Financial

Syndicate Bank Follow‐on public offering  SBI Capital Markets and concurrent  Enam Financial Regulation S offering outside of India  JM Morgan Stanley

 SSKI Corporate Finance  Oriental Bank of Oriental Bank of Commerce Follow‐on public offering Commerce and concurrent Rule 144A  ICICI Securities offering  DSP Merrill Lynch  Kotak Mahindra Capital Company  Citigroup Global Markets India  Bajaj Capital

 SBI Capital Markets Follow‐on public offering  DSP Merrill Lynch and concurrent Rule 144A  ICICI Securities offering  JM Morgan Stanley  Kotak Mahindra Capital Company  Enam Financial

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