FORM L-22 ANALYTICAL RATIOS RELIANCE LIFE INSURANCE COMPANY LIMITED FOR THE QUARTER UPTO THE QUARTER

FOR THE QUARTER UPTO THE QUARTER ENDED ON ENDED ON ENDED ON ENDED ON Sr. No Particular 30TH JUNE, 2011 1 New business premium income growth rate Participating Non Link - Group Non Link - Individual Non Link - Pension Non Link - Health Link - Life Link - Pension Link - Group Net Retention Ratio Expense of Management to Gross Direct Premium Ratio Commission Ratio (Gross commission paid to Gross Premium) Ratio of policy holder's liabilities to shareholder's funds Growth rate of shareholders' fund Ratio of surplus to policyholders' liability Change in net worth (` 000) Profit after tax / Total income (Total real estate + loans) / (Cash & invested assets) Total Investments / (Capital + Surplus) Total Affiliated Investments / (Capital + Surplus) Investment Yield (Annualised) Policy Holders Fund Non-linked Linked Shareholder's Funds Conservation Ratio Participating Non Link - Group Non Link - Individual Non Link - Pension Non Link - Health Link - Life Link - Pension Link - Group Persistency Ratio* For 13th month(based on policies issued during 1st June (X-2) to 30th May (X-1) For 25th month(based on policies issued during 1st June (X-3) to 30th May (X-2) For 37th month(based on policies issued during 1st June (X-4) to 30th May (X-3) For 49th month(based on policies issued during 1st June (X-5) to 30th May (X-4) For 61st month(based on policies issued during 1st June (X-6) to 30th May (X-5) NPA Ratio Gross NPA Ratio Net NPA Ratio 30TH JUNE, 2011 30TH JUNE, 2010 30TH JUNE, 2010

2 3 4 5 6 7 8 9 10 11 12 13

6.43 0.10 (0.89) (0.96) NA (0.78) (0.99) 0.00 0.996 0.33 0.07 57.78 19.18% 0.01 482,147 0.88% 0.00 5.73 -

6.43 0.10 (0.89) (0.96) NA (0.78) (0.99) 0.00 0.996 0.33 0.07 57.78 19.18% 0.01 482,147 0.88% 0.00 5.73 -

0.50 0.80 176.98 NA NA (0.42) 0.10 (0.27) 0.997 0.49 0.11 55.98 -16.77% 0.00 (506,463) 0.00 4.74 -

0.50 0.80 176.98 NA NA (0.42) 0.10 (0.27) 0.997 0.49 0.11 55.98 -16.77% 0.00 (506,463) 0.00 4.74 -

1.9% -6.6% 2.1% 0.82 NA 0.42 0 42 0.42 NA 0.84 0.67 0.02 53.1% 80.7% 34.5% 74.7% 81.7% -

1.9% -6.6% 2.1% 0.82 NA 0.42 0 42 0.42 NA 0.84 0.67 0.02 53.1% 80.7% 34.5% 74.7% 81.7% -

8.7% 11.2% 9.9% 0.69 NA 0.53 0 53 NA NA 0.74 0.53 0.01 52.5% 85.5% 36.1% 73.7% 84.8% -

8.7% 11.2% 9.9% 0.69 NA 0.53 0 53 NA NA 0.74 0.53 0.01 52.5% 85.5% 36.1% 73.7% 84.8% -

14

15

16

Equity Holding Pattern for Life Insurers 1 (a) No. of shares 1,165,844,900 1,165,844,900 1,165,344,900 2 (b) Percentage of shareholding Indian 100% 100% 100% Foreign 0% 0% 0% (c) Percentage of Government holding (in case of public 3 NA NA NA sector insurance companies) (a) Basic and diluted EPS before extraordinary items 4 0.07 0.07 (1.05) (net of tax expense) (`) (b) Basic and diluted EPS after extraordinary items 5 0.07 0.07 (1.05) (net of tax expense) (`) 2.57 2.57 2.16 6 (iv) Book value per share (`) * Persistency ratios are computed on reducing balance basis. ** The Non-Linked Individual health product was launched in 3rd Quarter of FY 2010-11, hence the related ratios are not applicable.

1,165,344,900 100% 0% NA (1.05) (1.05) 2.16