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Power Finance Corporation Ltd. TAX FREE BOND

Date: 27th December, 2011

Issue Open Date: December 30th, 2011 Issue Close Date: January 16th, 2012
ISSUER Issue Structure Allotment Tenure Coupon Issue Size Credit Rating Face Value Minimum Application Interest on Refund Interest on application money on successful application Issuance Listing Trading Trading Lot Loan Against Bond HIGHLIGHTS OF TAX BENEFITS In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of the Income Tax Act, 1961 (43 of 1961) the Central Government authorizes PFC to issue during the FY 2011-12, Tax Free, Secured, Redeemable, Non-convertible Bonds. The income by way of interest on these Bonds is fully exempt from Income Tax and shall not form part of Total Income as per provisions under section 10 (15) (iv) (h) of I.T. Act, 1961. There will be no deduction of tax at source from the interest, which accrues to the bondholders in these bonds irrespective of the amount of the interest or the status of the investors. Wealth Tax is not levied on investment in Bond under section 2(ea) of the Wealth-tax Act, 1957. 10 Years 8.20% p.a. Power Finance Corporation Ltd. Tax Free, Secured, Redeemable, Non Convertible Debentures On First Cum First Serve Basis 15 Years 8.30% p.a. Shelf Limit of Rs.4033.12 crores AAA by CRISIL & ICRA Rs.1000/- per bond 10 Bonds i.e. Rs.10,000/- and in Multiples of Rs.5000 5 % p.a.

Coupon Rate Both in physical as well as in demat mode Proposed to be listed on BSE Compulsorily in Demat Mode One Bond Can be Pledged or Hypothecated

GEPL Capital Pvt. Ltd. (An ISO 9001:2000 Certified Company) D-21, Dhanraj Mahal, CSM Marg, Colaba, Mumbai - 400 001 Tel: +91 22 6618 2400 Fax: +91 22 2204 3452
Email: info@geplcapital.com Web: www.geplcapital.com

EQUITY | F&O | DP | COMMODITIES | MUTUAL FUNDS | INSURANCE | DEBT | IPOs | PMS | WMS | LAS

Power Finance Corporation Ltd. TAX FREE BOND

Date: 27th December, 2011 Who Can Apply
Category I Category II Public Financial Institutions, Statutory Corporations, Scheduled Commercial Banks, Cooperative Banks and Regional Rural Banks, which are authorised to invest in the Bonds; Provident Funds, Pension Funds, Superannuation Funds and Gratuity Fund, which are authorised to invest in the Bonds; Insurance companies registered with the IRDA; National Investment Fund; Mutual Funds; Foreign Institutional Investors (including sub-accounts) Companies; bodies corporate and societies registered under the applicable laws in India and authorized to invest in the Bonds; Public/private charitable/religious trusts which are authorized to invest in the Bonds; Scientific and/or industrial research organizations, which are authorized to invest in the Bonds;

Partnership firms in the name of the partners; and Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009) The following investors applying for an amount aggregating to above `5 lakhs across all Series in each tranche Resident Indian individuals;

Category III

Hindu Undivided Families through the Karta; and Non Resident Indians on repatriation as well as non-repatriation basis. The following investors applying for an amount aggregating to up to and including `5 lakhs across all Series in each tranche Resident Indian individuals; Hindu Undivided Families through the Karta; and Non Resident Indians on repatriation as well as non-repatriation basis.

Category Wise Breakup of the issue Category I Up to 50% of Overall Issue Size Category II Up to 25% of Overall Issue Size Category III Up to 25% of Overall Issue Size

DEEPAK PANJWANI

Head (Debt)

9323555164/ 022-66182352

deepak@geplcapital.com

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GEPL Capital Pvt. Ltd. (An ISO 9001:2000 Certified Company) D-21, Dhanraj Mahal, CSM Marg, Colaba, Mumbai - 400 001 Tel: +91 22 6618 2400 Fax: +91 22 2204 3452
Email: info@geplcapital.com Web: www.geplcapital.com