Among the top 10 cement producers in India

Among the top 10 cement producers in India 1

ORGANISATION AND PERFORMANCE 2

SHREE – PHILOSOPHY Quality & Energy Conscious Environment Friendly Employee Friendly Socially Responsible Customer Responsive Investors Rewarding Sustainable Organization An Energy & Environment Conscious Sustainable Organisation 3

SHREE - ACCREDITATION § ISO 9001 -2000 : Ø Quality & Energy Conscious § ISO 14001 : Ø Environment Friendly § OHSAS 18001 Ø Health and Safety first § SA 8000 Ø Socially Responsible 4

SHREE – PROFESSIONALLY MANAGED Board of Directors 5

SHREE - SNAPSHOT Ø A BG-HM Bangur group cement focused Company Ø Capital Investment: Rs. 2001 Crore (as on Mar. 07) Ø Expected Capital Investment : Rs. 2500 Crore (By March 2008) 6

SHREE – A GROWING ORGANIZATION 7

PROFESSIONALLY QUALIFIED AND EFFICIENT MANPOWER 16%(231 emp)5% (73 emp) CA / CS / CWA / Legal Engineers/Technicians MBAs 22% (312 emp) (104 emp) 7% § Post Graduates/ Graduates 50% (725 emp) Others Well experienced and skilled manpower resources capable of handling both project implementation and operations § The skill enhancement is a regular exercise under a well defined training manual § Company imparts more than 20, 000 hours of in-house training to its employees every year § Rising manpower productivity reflect high engagement level of employees in the Company 8

Shree Location – Perennial Cost Advantage § Locational proximity to key markets resulting in low logistic cost Relative advantage of Freight from Delhi Company Distance Difference Freight/t Difference Shree 490 695 Ambuja 505 -15 730 -35 J K Cement 610 -120 780 -85 Grasim 600 -110 725 -30 Lakshmi Cement 735 -245 920 -225 Binani Cement 730 -240 910 -215 Relative advantage of Freight from Jaipur Company Distance Difference Freight/t Difference Shree 200 310 Ambuja 235 -35 368 -58 J K Cement 348 -148 470 -160 Grasim 330 -130 415 -105 Lakshmi Cement 465 -265 575 -265 Binani Cement 460 -260 540 -230 Shree Plants Other Cement Plants Cement Grinding Plants 9

SHREE – Sound Financials Profit & Loss Account Mn. Rs. Key Ratios Particulars 14. 59 21. 93 24. 61 39. 36 RNW% 19. 01 18. 52 9. 65 19. 77 Asset Turnover (Times) 1. 18 1. 00 1. 08 1. 03 Interest Cover (Times) 3. 56 8. 77 17. 55 61. 01 Debtors Turnover( Days) Consistent investment in fixed assets sows Shree’s commitment towards regular expansion and modenization of production facilities. 04 -05 ROCE % Balance Sheet 03 -04 05 -06 06 -07 17. 88 12. 09 8. 09 5. 94 Comfortable Debt- Equity Ratio 10

SHREE-GLOBALLY ENERGY EFFICIENT COMPANY WELL AGAINST INTERNATIONAL STANDARDS No comparing. Boundary differs in each country. 11

ENERGY EFFICIENCY - PEER GROUP COMPARISON Particulars Standard Ultratech ACC Ambuja Shree Capacity Utilization (%) 94 89 94 108 116 Power Cons. (Kwh/t) Fuel Consumption (Kcal/Kg Clinker) 98 -110 87 88 87 74 - - 736 730 740 § Power consumption of Unit II of the company at 63. 54 units / ton of cement is lowest in Indian cement industry. 12

LOWEST COST PRODUCER PEER GROUP COMPARISON 1584 1216 1284 1324 * * Due to higher use of environment friendly fly ash 13

HIGHEST EBIDTA MARGIN IN WORLD CEMENT INDUSTRY Company Name EBIDTA Margin Asian Peers Company Name EBIDTA Margin Global Peers Asian Peers SHREE CEMENT, India 44. 8 Ambuja Cement, India 43. 0 ACC, India Company Name EBIDTA Margin 34. 0 26. 1 Cementos Lima SA 39. 2 Indocement, Indonesia 24. 5 Titan Cement, Greece 32. 2 CNBM, China 20. 4 Holcim, Switzerland 26. 0 TPI Polene, Thailand 19. 8 Lafarge, France 23. 0 21. 4 Semen Gresik, Indonesia Ultra. Tech Cement, India 31. 3 Grasim Industries, India 30. 2 Siam City Cem, Thailand 27. 2 Taiwan Cement, Taiwan 19. 4 Heidelbg Cem, Germany Anhui Conch, China 26. 9 Siam Cement, Thailand 18. 0 Boral Ltd, Australia 14. 5 Asia Cement, China 26. 3 Holcim Indonesia 12. 8 CRH, Ireland 12. 9 Source : Citigroup Global Markets, Equity Research Report dt 3 July, 07 14

SHREE – REWARDING INVESTORS Consistent Increase in Dividend Payout Handsome Return on investment- IRR since Inception Particulars Date Amount (Mn. Rs. ) Market Capitalisation (154. 00) 31 -Dec-88 (46. 00) Dividend 03 -Feb-92 19. 97 Dividend 01 -Nov-92 25. 34 Debt Conversion 31 -Mar-92 (7. 96) Shares Issued 04 -Mar-93 (135. 60) Dividend 10 -Feb-93 26. 63 Amalgamation with Shree Leas. 01 -Apr-93 (2. 40) Dividend 01 -Nov-94 36. 94 Shares Issued (Forfeiture) 01 -Apr-94 (0. 61) Dividend Market Capitalisation - Steep growth 01 -Apr-84 Debt Conversion 04 -Oct-95 49. 23 Shares Issued 10 -Dec-96 (190. 97) Dividend 03 -Oct-96 61. 42 Shares Issued (Rights) 10 -Jun-97 (116. 13) Dividend 29 -Nov-01 34. 84 Dividend 24 -Aug-02 34. 84 Dividend 12 -Aug-03 87. 09 Dividend 20 -Jul-04 104. 51 Dividend 19 -Aug-05 139. 35 Dividend 04 -Aug-06 174. 19 Dividend 29 -Mar-07 209. 02 Market Capitalisation at Rs. 921. 85/- 31 -Mar-07 32, 114. 70 IRR 25. 32% 15

SHREE MARKETING 16

SHREE – MARKETING SNAPSHOT Ø Highly visible and innovative products Ø “Shree Ultra Red Oxide Cement” Ø “Bangur Cement” Ø “Tuff Cemento 3556” Ø Market share of 17% in Northern market projected to grow to 23% in 2008 -09 Ø Leader in Rajasthan, Delhi & Haryana Market 17

SHREE – GRWOING MARKET SHARE Market Share in Major States Market share of the Company at present is 17% in Northern market, projected to grow to 23% in 08 -09 18

SHREE – MULTIPLE BRANDING Shree Ultra Jung Rodhak – Unique Rust Resistant property. Bangur Cement – Premium brand for extremely quality conscious customers. Tuff Cemento 3556– For beautiful rock strong structures that last. 19

SHREE – A SUSTAINABLE ORGANIZATION 20

SHREE DRIVING CORPORATE SUSTAINABILITY • Shree is a responsible Corporate citizen • Approach towards Sustainable Development – i. e. sharing the fruits of growth with all stakeholders • Shree Places equal emphasis on Triple Bottom Line i. e. – Social : Works for sustainable development of local community, employees, Govt and society at large Environment : Applies best practices for sustaining natural resources for present as well as future generations Economic : Earns profits for sustainable growth of its operations thereby generates more resources for society 21

SHREE - DRIVING CORPORATE SUSTAINABILITY • Member of Cement Sustainability Initiative (CSI) of World Business Council for Sustainable Development, Switzerland • Member of Cement task Force of Asia Pacific Partnership on Clean Development and Climate • Leader of Cement Sector Taskforce for energy efficiency appointed for Ministry of Power, GOI • Corporate Sustainability Report (CSR), first in Indian Cement Industry • CDM project “Optimal use of Clinker” earning carbon credits for Company worth US$ 7 Million. 22

TRIPLE BOTTOM LINE – SOCIAL CONTRIBUTION • Contributed Rs. 1 Cr. for setting up a Neurosurgical Centre at Jawaharlal Nehru Hospital, Ajmer • Supported relief operations for flood affected people of Barmer • Regular contribution towards “Education for all” program, AIDS awareness campaign, Eye camps and other social development activities • Signatory to Code of Conduct signed by 500 CII member companies for taking affirmative action 23

TRIPLE BOTTOM LINE – ENVIRONMENT PROTECTION • Green Cover 35% of total area – A Chinese delegation appreciated our plants as “Plants in Garden” • Investment on Environment protection : 2006 -07: Rs. 3. 04 Cr. • Conserving natural resources through – Use of waste as Raw Material and fuels – Energy efficiency leading to reduction in power and fuel consumption – Implementation of Waste Heat Recovery Project • Proactive steps to address Climate change issues 24

TRIPLE BOTTOM LINE – DIRECT ECONOMIC IMPACTS RISING TURNOVER. . . RISING PROFITS AND. . . RISING STATE REVENUES SCL helping Govt. in building public infrastructure 25

TRIPLE BOTTOM LINE – DIRECT ECONOMIC IMPACTS • Growing sales (CAGR 36% last 3 years). . creating larger business for our value chain distributors • Rising wages. . more engaged and happy employees • Local procurements. . . fostering economic growth in the local communities • Rising dividend payouts. . . sharing profits with shareholders 26

TRIPLE BOTTOM LINE – INDIRECT ECONOMIC IMPACTS • Shree’s growth. . . enabled growth in job creations. . . more suppliers, distributors, contractors, consultants and employees • Resources derived from our relationships . . . spent on improvement in well being of value chain. . . rising standard of living of society • Use of product for building constructions . . . Improvement in infrastructure of the country 27

TRIPLE BOTTOM LINE – BENEFITS • Organisational Sustainability • High Level of support from all stakeholders • Recipient of prestigious awards for excellence in Environment, Energy management and conservation at National and International Level • Earned Carbon Credit from Environment friendly project “Optimal Utilization of Clinker” 28

AWARDS & RECOGNITION 29

SHREE - RECOGNITION AND AWARDS Ø 4 star rating from Whitehopleman UK, an International Cement Consultants, since 2000 (No one in world has been rated 5 star!!) ØReckoned as 2 nd fastest growing mid sized Company in 2006 by “Business Today” a national level magazine (6 May 07 edition) 30

SHREE - RECOGNITION AND AWARDS Ø Golden Peacock Award - 2007 for Excellence in Corporate Governance Ø Golden Peacock Award - 2007 in recognition of excellent Environment Management practices Ø National Awards for Energy Conservation from Ministry of Power, Govt of India Ø CII National Award for Excellence in Energy Management 2006 31

SHREE - RECOGNITION AND AWARDS Ø National Safety Awards by Ministry of Labour, Govt. of India Ø Best Annual Report Award by Rajasthan Chamber of Commerce and Industry in 2007 Ø “Amity Corporate Excellence Award” by Amity International Business School, Noida. Ø ICWAI National Award 2005 for excellence in cost management 32

Thank You 33