Dated 22nd December 2010

Character Certficate

To Whom It May Concern:

This is to certify that Mr. Manish Saraswat is known to me personally for the last three
years. To the best of my knowledge and belief, he bears a good moral character.

The above mentioned Mr. Manish Saraswat is not related to me.

Name: Sudarshana Bhat

Designation: Chief Manager (Corporation Bank)

Address: 15, Mittal Chambers, I- Floor, Nariman Point

Mumbai-400021