P R E S S R E LE A S E

DUNLOP INCOME INCREASES BY 16%

Kolkata, 29 January 2010: Dunlop India Ltd has registered income of Rs 41.90 crore for the quarter ending 31 December. In the meeting of its board of directors held today in Kolkata, the company reported a 15.79% growth in its total revenue on a year on year quarterly basis. The total income for the period in the corresponding quarter last year was Rs 36.18 crore. The Net Profit for the period has risen to Rs 0.64 crores from a net loss of Rs 6.90 crore in Q3, FY 08-09. The Dunlop scrip was quoted at Rs 89.71 at the closing of BSE trading today.

Commenting on the results, Ruia Group Chairman Mr Pawan K Ruia said: “With both the plants of the Company at Sahaganj and Ambattur operational, the future for Dunlop looks bright. I am particularly happy because I kept my commitment of resumption of trading to the shareholders of the Company. The trading has resumed trading after a gap of almost 8 years. The shareholders now will be able to take a call on their investment. ”

Released by Dunlop India Ltd | Ruia Centre | 46 Syed Amir Ali Avenue | Kolkata 700 019