Dear Shareholder''s
 
 I look forward to your continued support in the year ahead and wish you
 the very best. It gives me great pleasure to welcome all of you at the
 19th Annual General Meeting of YOUR COMPANY.
 
 At a time when the Indian economy is experiencing a slowdown due to
 global and domestic turbulence and policy formulations aimed at curbing
 inflationary pressures having a depressing impact on productivity and
 growth the real estate sector too is faced with formidable challenges.
 
 Uninterrupted access to affordable finance is vital for the health of
 the urban infrastructure and housing sector. In my view, care should be
 taken in formulating monetary policies to ensure that tightening of
 credit aimed at combating inflation does not have the unintended side
 effect of stunting the growth of the real estate development industry.
 
 It is my firm belief that the housing and construction sector is poised
 to become the next big driver of growth in India. The Economic Survey
 for 2011 12 credits the housing sector for contributing about 5 percent
 to India''s GDP. With linkages to more than 250 ancillary industries,
 the housing and urban infrastructure sector has a major multiplier
 effect on the entire economy, providing jobs across the spectrum, right
 from highly qualified engineers and architects to unskilled labourers,
 thereby promoting the cause of inclusive growth.
 
 YOUR COMPANY under trying circumstances was focused on execution and
 demonstrated its capability by launching various construction projects.
 Company as also ventured into Media Segment where Company has
 successfully launched various teen pageants like Fact Universal Teen
 Pageant 2, Fact Supermodels 2.
 
 Company has tied up with one of the known production house to produce
 movies. Company has completed production of Movie ''Main Krishna Hoon.''
 And movie will be releasing soon by Eros International. Company has
 also started production of another Movie Kaanch of which first
 schedule has already been finished and company will be scheduling next
 schedule in coming months and company expected to complete this movie
 in next year.  This diversification in media industry will give us good
 results and returns in years to come.
 
 M/s. Fact Enterprise Limited enjoys excellent relations with its
 clients and with numerous institutions in and outside India. The
 Company has tremendous financial and managerial capabilities and our
 main stream of business is construction. The quality and reliability of
 the business has earned the Company an enviable reputation and
 goodwill. We believe in successfully completing all the assignments in
 a fixed and precise time frame.
 
 Synergy and combination of capital intensive and time extensive
 projects gives YOUR COMPANY good profits and value for money. Due to
 this unique combination, costs of our projects are very low and the
 profits are high.
 
 At the end, I would like to reinforce the uniqueness of our business
 model and various strategies will be to focus on executions and create
 wealth for shareholders. I take this opportunity to thank all the
 shareholders, customers, suppliers, bankers and employees for their
 continued support and co operation. We share an everlasting bond with
 each other. I thank all my colleagues on the Board for their unanimous
 support and immense encouragement.
 
 Your Company remains committed to the underlying values of providing
 exemplary customer service, achieving business objectives with social
 responsibility and enhancing stakeholder value.
 
 I am sure that with your best wishes and confidence shown in our
 capabilities, the Company will achieve new milestones.
 
 With Best Wishes,
 
 Sd/  
 
 Chairman
 Place: Mumbai
 
 Date: 2nd September, 2012.