Prestige Estates Registers 93% Increase in the Revenue and Highest Ever New Sales (by the Co !

any" in #II $% &3'&(

) Revenues at Rs* +,-(& illion u! by 93%* ) P./ at Rs* 001 illion, u! by 0-%* ) Registered Highest New sales o2 Rs* &&,(90 3illion in #4*

5angalore, India, Nove

ber -6, 4-&3 ''

$7R /HE #8.R/ER (#4" EN9E9 SEP/E35ER 3-, 4-&3:

$inancial Highlights (#4":' * Revenue at Rs. 5,041 million, up by 93% as compared to the corresponding previous year s !uarter "#$$ %& 1'(13) revenue o* Rs. ',+09 million. * ,-$./0 at Rs. 1,41+ million, up by +0% as compared to the corresponding previous year s !uarter "#$$ %& 1'(13) ,-$./0 o* Rs. 9'0 million. * 20/ at Rs. 11+ million, up by 10% as compared to the corresponding previous year s !uarter s "#$$ 3 %& 1'(13) 20/ o* Rs. 451 million. * Rental income at Rs. 59' million up by 1+% as compared to the corresponding previous year s !uarter s "#$$ 3 %& 1'(13) rental income o* Rs. 509 million.

7!erational Highlights (#4":' * /he 4ompany has sold 1,193 Residential 5nits and 0.11 million s!uare *eet o* 4ommercial 6pace, aggregating to 1.95 million s!uare *eet amounting to Rs. 11,491 million o* sales. * /he average reali7ation o* Rs. 5,81+ per s!*t is up by 15% as compared to the average reali7ation achieved *or the corresponding previous year9s !uarter "#$$ 3 %& 1'(13) o* Rs. 5,090 per s!*t.

* Registered total ne: leasing o* 0.19 million s!uare *eet up by 4+% as compared to the total ne: leasing *or the corresponding previous year9s !uarter "#$$ 3 %& 1'(13) o* 0.54 million s!*t. * ;et 4ollections *or the !uarter aggregated to Rs. +,198 million, up by '3% as compared to the corresponding previous year9s !uarter9s "#' 3 %& 1'(13) collection o* Rs. 5,050 million.

$7R /HE H.;$'%E.R EN9E9 (H&" EN9E9 SEP/E35ER 3-, 4-&3:

$inancial Highlights (H&": * Revenue at Rs. 10,334 million, up by 104% as compared to the corresponding previous hal* year9s "<1 %& 1'(13) revenue o* Rs. 5,013 million. * ,-$./0 at Rs. 3,015 million, up by +'% as compared to the corresponding previous hal* year9s "<1 %& 1'(13) ,-$./0 o* Rs. 1,891 million. * 20/ at Rs. 1,+4' million, up by 13% as compared to the corresponding previous hal* year9s "<1 %& 1'(13) 20/ o* Rs. 950 million. * Rental income at Rs. 1,1+4 million up by 11% as compared to the corresponding previous hal* year9s "<1 %& 1'(13) rental income o* Rs. 998 million.

7!erational Highlights (H&":' * /he 4ompany has *or the si= months ended 6eptember '013 sold ',455 5nits and 4ommercial 6pace, totalling to 3.93 million s!uare *eet, amounting to Rs. '',939 million o* 6ales. "0chieved 53.35% o* the /otal >uidance o* Rs. 43,000 million o* sales set at the beginning o* %& 13(14). * /he sales *or the #1 and #' "<1) o* the %& '013(14 are as under?
Particulars 6ales "Rs. @n) 0rea "@ns*) #& 11,44' 1.98 #4 11,491 1.95 H& (Hal2 year" '',939 3.93

* Registered total ;e: Aeasing o* 1.'3 million s!uare *eet up by '3% as compared to the corresponding previous hal* year9s "<1 %& 1'(13) total ne:

leasing o* 1.00 million s!uare *eet o* Rs. 998 million. * 2restige 6hare o* collections *or the hal*(year ended 30th 6eptember, '013 are Rs. 1','1' million, up by 3'% as compared to the corresponding previous hal* year9s "<1 %& 1'(13) prestige share o* collections o* 1.00 million s!uare *eet. "0chieved 53.3+% o* the /otal >uidance o* Rs. '3,000 million set at the beginning o* %& 13(14). * /he 4ompany has launched total 10.08 million s!uare *eet o* developable area *or the si= months ended 6eptember '013, considering the 4.09 million s!uare *eet o* launches in the #1. "0chieved 1'% o* 14 million s!uare *eet o* the guidance set at the beginning o* the *iscal).

4ommenting on this strong per*ormance and gro:th, @r. $r*an Ra7acB, 4hairman and @anaging .irector " http?CC:::.prestigeconstructions.comCabout(usCboard(o*(directorsCir*an( ra7acB.html ), 2restige ,states 2roDects Aimited, said EFe have registered the highest pre(sales ever, during this !uarter amounting Rs. 11,491 @n. despite all the negative *actors a**ecting the ,conomy, :hich indicates the strength o* brand 92restige9 and the trust that :e enDoy *rom the customers. Fe have launched during the *irst hal* o* the *iscal, over 10 million s!*t. o* ne: proDects across -angalore and 4hennai and the same have met :ith good response, :hich sho:s that things on ground are pretty robust and positive *or us. Gn the turnover *ront, there is si7eable un(booBed revenue o* more than Rs. +0,000 @illion. Fith the e=ecution o* proDects moving in line :ith the schedule, these revenues consistently *lo: to the top line and help us in sustaining the Revenue numbers :e have delivered in this !uarter, going *or:ard and to gro: *urther.H

.bout the Co

!any:

2restige ,states " http?CC:::.prestigeconstructions.com ), having a legacy spanning over t:o and a hal* decades, is one o* 6outh $ndia s leading Real ,state .evelopers. $t has 1+8 completed proDects aggregating over 51 million s!uare *eet o* developable 0rea to its credit and currently has +5 ongoing proDects aggregating to 54.45 million s!uare *eet o* developable area and '8 upcoming proDects aggregating to 33.94 million s!uare *eet o* developable area spanning across Residential, 4ommercial, Retail and <ospitality sectors in maDor 6outh $ndian cities such as -angalore, @ysore, @angalore, 4hennai, Iochi, <yderabad, Goty, >oa, etc. $t is also currently the only 4R$6$A .01 rated .eveloper in $ndia. /his rating indicates the 4ompany s e=cellent ability to e=ecute real estate proDects as per speci*ied !uality levels :ithin stipulated

time schedules and to trans*er clean titles.

9isclai

er:

4ertain statements in this document may be *or:ard(looBing statements. 6uch *or:ard(looBing statements are subDect to certain risBs and uncertainties liBe regulatory changes, local political or economic developments, technological risBs and many other *actors that could cause our actual results to di**er materially *rom those contemplated. 2restige ,states 2roDects Aimited :ill not be in any :ay responsible *or any action taBen based on such statements and undertaBes no obligation to publicly update these *or:ard(looBing statements to re*lect subse!uent events or circumstances.

$or 2urther in2or ation, !lease contact: JenBat I. ;arayana, contactKmarchingantsllp.com, 91(80('5501'80, http?CC:::.prestigeconstructions.com