Thursday, 29th April, 2010, Mumbai : The Board Meeting of Shriram Transport Finance

Company Limited (STFC), the largest asset financing NBFC in the country, was held

today to consider the audited financial results for the year ended 31st. March, 2010.

Financials (Standalone) :

Fourth Quarter ended 31st. March, 2010 :

The revenues for the fourth quarter ended 31st March, 2010 surged by 24.55% to Rs.

1,229.24 crores as against Rs. 986.92 crores of the same period previous year. The

profit after tax rose by 71.86% to Rs. 264.42 crores as against Rs. 153.86 crores

recorded in the same period earlier year. The earning per share (basic) also surged by

58.07% to Rs. 11.95 from Rs. 7.56 recorded in the same period earlier year.

Year ended 31st. March, 2010 :

The revenues for the year ended 31st March, 2010 surged by 20.60% to Rs. 4,499.64

crores as against Rs. 3,731.14 crores of the previous year. The profit after tax rose by

42.57% to Rs. 873.12 crores as against Rs. 612.41 crores recorded in the earlier year.

• Earning Per Share :

The earning per share (basic) for the year ended also surged by 36.43% to Rs.

41.08 from Rs. 30.11 recorded in the earlier year.

• Dividend :

STFC has proposed a final dividend of Rs.4/- per share. This is in addition to the

interim dividend of Rs. 2/- per share declared at the Board Meeting held on 28th

October, 2009 making the total dividend of Rs. 6/- per share as against the total

dividend of Rs. 5/- per share paid for 2008 - 09.

• Assets under Management :

Total Assets under Management as on 31st March, 2010 increased by 25.11% to

Rs. 29,126 crores as compared to Rs. 23,281 crores as on 31st March, 2009.

CRISIL Rating :

On 27th. April, 2010, CRISIL has assigned its ratings of ‘AA’ for Long Term, ‘FAA+’ for

Fixed Deposits, ‘AA’ for Subordinated Debt, ‘AA’ for Bank borrowings and reaffirmed its

rating of ‘P1+’on short term debt programme of the company. The ratings reflect the

company’s strong market position in the pre-owned commercial vehicle finance

segment, healthy capitalization, stable asset quality, and healthy earning profile.

About Shriram Transport Finance Company Limited.

Shriram Transport Finance Company Limited is the flagship company of the Shriram

group which has significant presence in Consumer Finance, Life Insurance, General

Insurance, Stock Broking and Distribution businesses. Established in 1979, Shriram

Transport is today the largest asset financing NBFC in the country and holistic finance

provider for the commercial vehicle industry and seeks to partner small truck owners for

every possible need related to their assets. It has PAN India presence with 484 branch

offices. Based at Mumbai, it manages assets over Rs 29,000 crores and has a live

customer base exceeding 7,00,000.

For Further information, please contact:

Sanjay K. Mundra

Vice President

Shriram Transport Finance Company Limited

+9198338 90960

smundra@stfc.in