TATA MOTORS INTRODUCTION

Tata Motors Limited (NSE: TATAMOTORS, BSE: 500570, NYSE: TTM), is a multinational corporation h a!"uart r ! in Mum#ai, $n!ia% &art o' th Tata (roup, it )as 'orm rl* +no)n as TELCO (TATA En,in rin, an! -ocomoti. /ompan*)% Tata Motors has a consoli!at ! r . nu o' 0S1 23 #illion a't r th ac"uisition o' British automoti. #ran!s 4a,uar an! -an! Ro. r in 5006% $t is $n!ia7s lar, st compan* in th automo#il an! comm rcial . hicl s ctor )ith up)ar!s o' 708 cumulati. Mar+ t shar in th 1om stic /omm rcial . hicl s ,m nt, an! a mi!si9 ! pla* r on th )orl! mar+ t )ith 0%628 mar+ t shar in 5007 accor!in, to O$/A !ata% Th O$/A ran+ ! it as th 2:th lar, st automa+ r,;2< #as ! on 'i,ur s 'or 5007%;5< an! th s con! lar, st manu'actur r o' comm rcial . hicl s in th )orl!% Th compan* is th )orl!=s 'ourth lar, st truc+ manu'actur r, an! th )orl!=s s con! lar, st #us manu'actur r% $n $n!ia, Tata ran+s as th l a! r in . r* comm rcial . hicl s ,m nt, an! is in th top > ma+ rs o' pass n, r cars% Tata Motors is also th ! si,n r an! manu'actur r o' th iconic Tata Nano, )hich at $NR 200,000 or appro?imat l* 0S1 5>00, is th ch ap st car in th )orl!% Esta#lish ! in 2:@5, )h n th compan* # ,an manu'acturin, locomoti. s, th compan* manu'actur ! its 'irst comm rcial . hicl in 2:5@ in a colla#oration )ith 1aiml rAB n9 A(, )hich n! ! in 2:3:%;>< Tata Motors is a !ualAlist ! compan* tra! ! on #oth th Bom#a* Stoc+ E?chan, , as ) ll as on th N ) Yor+ Stoc+ E?chan, % Tata Motors in 5005, )as ran+ ! amon, th top 20 corporations in $n!ia )ith an annual r . nu ?c !in, $NR >50 #illion% $n 500@, Tata Motors #ou,ht 1a )oo7s truc+ manu'acturin, unit, no) +no)n as Tata 1a )oo /omm rcial B hicl , in South Cor a% $t also ac"uir ! Dispano /arroc ra SA, no) a 'ull*Ao)n ! su#si!iar*% $n March 5006, it ac"uir ! th 4a,uar -an! Ro. r (4-R) #usin ss 'rom th Eor! Motor /ompan*, )hich also inclu! s th 1aiml r an! -anch st r #ran!s%;@<;5<;3< an! th purchas )as compl t ! on 5 4un 5006%;7< Tata Motors has auto manu'acturin, an! ass m#l* plants in 4amsh !pur, &antna,ar, -uc+no), Ahm !a#a! an! &un in $n!ia, as ) ll as in Ar, ntina, South A'rica an! Thailan!%

Tata Motors Limited is India's largest automobile company, with revenues of Rs. 2 ,!!! crores in 2!!"#!$. Its name comes first in the category of commercial vehicles and the second largest in the passenger vehicles, mid si%e car and utility vehicle segments. The company is the world's fifth largest medium and heavy commercial vehicle manufacturer

Tata Motors ,roup ,lo#al sal s ,ro) #* 358 to 75,775 . hicl s in No. m# r 500:
Mumbai& The Tata Motors group global sales, comprising of Tata, Tata 'aewoo and (ispano )arrocera range of commercial vehicles, Tata passenger vehicles along with distributed brands in India, and *aguar and Land Rover, were +",++" nos. in ,ovember 2!!-, a growth of $2. over ,ovember 2!!/. )umulative sales for the fiscal 01pril2 ,ovember 2!!-3 are "24,!"-, higher by . compared to the corresponding period in 2!!/#!-. 5ales of all commercial vehicles were 66,66/ nos. in ,ovember 2!!-, a growth of /4.. )umulative sales for the fiscal are 2 ,/4! nos., a growth of 4$.. 5ales of all passenger vehicles were 2, 6+ nos. in ,ovember 2!!-, a growth of "!.. )umulative sales for the fiscal are 2+$,2 - nos., lower by ".. Tata passenger vehicle sales, including those distributed, were 26,$42 nos. for the month, a growth of "$.. )umulative sales for the fiscal are 4$!, !" nos., a growth of 4$.. *aguar Land Rover global sales in ,ovember 2!!- were 4/,/2" vehicles, higher by 6!.. *aguar sales for the month were at ,666, lower by 2., while Land Rover sales were at 4 , -2, higher by ".. )umulative sales of *aguar Land Rover for the fiscal are 44",/ nos., lower by 62.. )umulative sales of *aguar are 64,+4$ nos., lower by 6+., while cumulative sales of Land Rover are at / ,42/, lower by 6!..

Tata Motors7 Tata Nano )ins th $n!ian /ar o' th Y ar ($/OTY) a)ar!
Mumbai& The Tata ,ano has won the prestigious Indian )ar of the 7ear 0I)8T73 award. In its fifth year running and modelled along the lines of the 1merican, 9uropean and *apanese )ar of the 7ear, the I)8T7 award and the Indian Motorcycle of the 7ear 0IM8T73 award have been instituted by leading automotive maga%ines in India, in association with *: Tyre, to bring the auto industry in India at par internationally in recognising their efforts. The awards are an e;pert and independent <udgment of all new cars and motorcycles launched in the calendar year in India. 1n 44#member specialist <ury consisting of senior automobile <ournalists from leading automobile maga%ines in India got together to vote for the most impressive car and motorcycle on parameters similar to those of acclaimed international awards for automotive e;cellence. 1fter the <ury rounds the Tata ,ano emerged as the Indian )ar of the 7ear. The managing director of Tata Motors, =M Telang, received the award from the vice chairman and managing director of *: Tyre Industries, R= 5inghania, at a ceremony in ,ew 'elhi on 'ecember 2!, 2!!-. This time there was a close contest for the I)8T7 award and after all points were tabulated, it was the Tata ,ano with $6 points that emerged the victor. Though several vehicles >ualified for the 2!4! I)8T7, the ten finalists selected by the <ury were the Tata ,ano, )hevrolet )ru%e, (onda *a%%, ?iat Linea, ?iat @rande =unto, Maruti 5u%uAi Rit%, Mahindra Bylo, 5Aoda 5uperb, Tata Indigo Man%a, and Toyota ?ortuner. The e;pert <ury members of the 2!4! I)8T7 included 7ogendra =ratap and CiArant 5ingh of 1uto Dild India, @autam 5en and Dob Rupani of 1uto India, Di<oy :umar 7 and 5rinivas :rishnan of Dusiness 5tandard Motoring, 1spi Dhathena of )ar India, 5irish )handran and Dertand 'Esou%a of 8verdrive and Cardhan :ondviAar and @irish :arAera of Top @ear India. 1ll these <ury members evaluate and test cars as part of their <ournalistic worA and are Anown for their analytical sAills and professional competence. 8nce a year they come together to vote for the I)8T7.

TATA BUSES
Tata Motors is proud to introduce a range of specially built buses to meet your every need. Fhether you are looAing for a bus for an inter#city <ourney or one designed especially for school#going children, you can be sure that we cover the entire gamut. 5o, enter into the world of Tata Motors buses and allow us to taAe you on a <ourney that will redefine road travel in India G for lu;ury seeAers, intercity travellers, city commuters and school children aliAe. The Tata Globus range of luxury coaches The Tata @lobus )oach has been designed to transport long#distance traveller in the very lap of lu;ury. ?rom the ergonomically designed seats, spacious leg room, special baggage space, and personalised climate control vents to >uieter engines, air#suspension and superior braAing systemsH each and every facet of the Tata @lobus )oach ensures revolutionary passenger comfort and safety. The Tata Starbus Range The Tata 5tarbus is available in a comprehensive range of variants, with seating capacities from 4$ to $+ seats. 'esigned on the concept of optimum functionality and comfort, these fully#built buses also offer unparalleled economy to the operators. The 5tarbus range includes 5tandard, 'elu;e, Low ?loor and 5Aool bus options # each with a customised set of features.

Unaudited Consolidated Financial Results for the Quarter / Six Months ended September 30, 200
Tata Motors reports a profitable second quarter on a consolidated basis in 2009-10

Tata Motors today reported consolidated gross revenue of Rs.21,808.29 crores for the quarter ended Septe !er "0, 2009, co pared #ith gross revenue of Rs.2",9"$.89 crores in the corresponding period of last year. %onsolidated &perating 'rofit is Rs.1,(91.$2 crores, an i prove ent of 10$ !asis points co pared #ith the corresponding quarter of last year. Strong revival of the )ndian operations, #hich reported &perating 'rofit of Rs. 1,0$(.*1 crores for the second quarter of 2009+10, coupled #ith &perating 'rofit at the ,aguar -and Rover !usiness, have aided the co pany.s consolidated perfor ance. )ncrease in depreciation and interest costs due to increased !orro#ing to support invest ents and ne# product develop ent partly offset the operating profit. %onsolidated 'rofit after Ta/ 0post inority interest and profit in respect of invest ents in 1ssociate co panies2 for the quarter ended Septe !er "0, 2009, is Rs.21.*8 crores. 3ighlight of the quarter #as that the ,aguar -and Rover !usiness posted strong &perating 'rofit of 45' 61.29 illion 0Rs. "2(.2* crores2, supported !y a 2"7 gro#th of #holesale volu es over the previous quarter and aggressive cost reduction efforts. The !usiness is #itnessing so e sta!ility in the e/ternal environ ent #ith certain 8ey ar8ets sho#ing signs of recovery. The ne# products launched !y the !usiness in the current year, the upgraded Range Rover, Range Rover Sport and 9iscovery 6, continue to receive strong ar8et reception. Tata 9ae#oo, the co pany.s su!sidiary in South :orea, launched the 'ri a pre iu truc8 in Septe !er. The construction equip ent su!sidiary, Telcon, launched t#o indigenous e/cavators and is poised to !enefit fro increased infrastructure activities in the co ing quarters. The other 8ey su!sidiaries of the co pany have also !egun to see visi!le i prove ent in de and during the quarter. Half Year The co pany.s consolidated gross revenues #ere Rs."8,*$1.92 crores in the first half, co pared to Rs."9,6"".1* crores in the first half last year. The consolidated financial perfor ance of the co pany is not co para!le to 2008+09 on account of the acquisition of ,aguar -and Rover in ,une 2008. The %onsolidated &perating 'rofit #as Rs.2,18*.(( crores, #hile 'rofit fro &rdinary activities !efore Ta/ #as Rs.1*.61 crores. Ta/ e/penses offset the profit fro ordinary activities resulting in a ;et -oss 0post inority interest and profit in respect of invest ents in 1ssociate co panies2 of Rs. "0*.00 crores. The unaudited consolidated financial results of the co pany for the quarter ended Septe !er "0, 2009, are enclosed.

TATA MOTORS LTD.

"Leading the Future"

Tata Motors is India's largest automobile company. It is the largest commercial vehicle manufacturer in India and 2nd largest passenger car manufacturer. It is the "th largest medium and heavy commercial vehicle manufacturer in the world. The popular brands of the company are Tata Indica, Tata Indigo, Tata 5umo and Tata 5afari.

Quick Facts

Eoun! r Y ar o' Esta#lishm nt $n!ustr* Busin ss (roup -istin,s G its co! s

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5005

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2:72 2:77 2:6> 2:65 2:63 2:6: 2::2 2::5 2::> 2::@ 2::5 2::7 2::6 5000

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Tata Motors Limited is the largest automobile compnay in India with revenues touching to Rs. 2!, /6 crores 0I5' .+ billion3 in the financial year 2!! #!". It leads the marAet in commercial vehicles in each segment and is the second largest in the passenger vehicles segment. @lobally, Tata Motors stands fifth in the medium and heavy commercial vehicle manufacturer category.

9stablished <ust in 4- ", the company's presence cuts across the length and breadth of the country. More than 6 million its#manufactured#vehicles ply on the Indian roads since the first one rolled out in 4-" . This company is the first from the country's engineering sector to be listed in the ,ew 7orA 5tocA 9;change 05ep. 2!! 3 and has also emerged as a global automotive company.

Through its subsidiaries, Tata Motors has engaged in providing engineering and automotive solutions. Fith the pace of new product development, the company has launched Tata 1ce, in the year 2!!", India's first indigenously developed mini#trucA.

Tata Motor's 22,!!! employees are guided with the vision, Jbest in the manner in which we operate, best in the products we deliver, and best in our value system and ethics.J