Status of Investor Complaints for the Year ended March 31, 2009

Complaints Pending at the beginning of the quarter Nil

Complaints Received during the quarter 19

Complaints disposed off during the quarter 19

Complaints unresolved at the end of the quarter Nil

1. The above audited results, including consolidated, have been reviewed by the Audit Committee. The same have been approved by the Board of Directors at its meeting held on July 10, 2009.

2. The consolidated results include the subsidiaries: UTV Communications (USA) LLC, IG Interactive Entertainment Ltd, UMP Plc, UTV Global Broadcasting Ltd, UTV TV Content Ltd., UTV Games Ltd, First Future Agri & Developers Ltd, UTV New Media Ltd and the group´s stepdown subsidiaries -UTV Motion Pictures (Mauritius) Ltd., Ignition Entertainment Ltd., Indiagames Ltd, True Games Interactive, Genx Entertainment Ltd, UTV Entertainment Television Ltd, RB Entertainment Ltd. & ITNation Media Ltd and the Joint Ventures - Smriti Irani Television Ltd. & Windmill Entertainment Ltd. (divested w.e.f. January 31, 2009).

3. On August 08, 2008, the Company had acquired 75% equity stake in UTV Global Broadcasting Limited. Accordingly, the above consolidated year end numbers include the results of the Broadcasting segment for the period August 09, 2008 to March 31, 2009.

4. As on March 31, 2009, 482,500 employee stock options were outstanding. Upon exercise of the options, these would be converted into equivalent number of equity shares.

5. ´Interactive´ segment has now been renamed as ´Games Content´ and ´Films´ segment has been renamed as ´Movies´. Previous year figures of Animation Division (earlier included in Interactive segment) have now been reclassified under Movies segment in the above results.

6. Previous period figures have been rearranged/regrouped, wherever necessary.

Ronnie Screwvala
Managing Director