Financial and Economical ResourcesMRF JK Tyres CEAT

Sales 29757.4 20785.5 14998.86Net Assets 12969.5 20165.4 10807.74Equity 7540.5 11860.4 6301.35Input Cost 21386.8 14240.2 10695.85Operating Profit 1755.8 1394 450

Operating Profit Margin (%) 5.90 6.71 3.00

Growth Rate - CAGR (%)1995 2004

Commercial Vehicle 100 120Car 400 700Two Wheeler 2200 5500Three Wheeler 120 210Total 2820 6530

Overall Tire Sales - 2005OEM Replacements Export

Car 33.00% 63.00% 4.00%Two-Wheeler 50.20% 49.80% 0.00%Three-Wheeler 34.00% 66.00% 0.00%Commercial Vehicles 10.00% 68.00% 22.00%Light Commercial Vehicle 16.00% 65.00% 19.00%OTR and Agricutlure Vehicle 14.00% 80.00% 6.00%

MARKET SHARES BY VALUE IN 2005 - COMPANY WISECompany Car LCV and CV 2 & 3 Wheeler

MRF 24.70% 18.80% 42.50%JK Tyres 18.20% 25.20%

CEAT 11% 40% 11%BIRLA TYRES 5.60% 11%

APOLLO TYRES 13% 52%TVS SRICHAKRA 21%FALCON TYRES 19.50%

GOODYEAR 12% 4%BRIDGESTONE

Cross Ply Tyres Car Commercial Vehicles LCV

MRF Y Y YJK Tyres Y Y Y

CEAT Y Y YBIRLA TYRES Y Y Y

APOLLO TYRES Y Y YTVS SRICHAKRA N Y NFALCON TYRES Y Y Y

GOODYEAR Y N NBRIDGESTONE N N N

Radial Tyres Car Commercial Vehicles LCVMRF Y Y Y

JK Tyres Y Y YCEAT Y N Y

BIRLA TYRES Y N YAPOLLO TYRES Y N Y

TVS SRICHAKRA N N NFALCON TYRES N N N

GOODYEAR Y Y YBRIDGESTONE Y N N

Tubless Tyres Car Commercial Vehicles LCVMRF Y Y N

JK Tyres N N NCEAT N N N

BIRLA TYRES N N NAPOLLO TYRES Y N N

TVS SRICHAKRA N N NFALCON TYRES N N N

GOODYEAR Y N NBRIDGESTONE Y N N

Financial and Economical ResourcesBirla Tyres Apollo TVS Srichakra

14312 22358 1991.538048 11205.5 686.08

3344.3 5767.4 470.415615 1256.3

519.2 1777.6 143.3

3.63 7.95 7.20

Growth Rate - CAGR (%)CAGR2.056.42

10.726.429.78

Overall Shares(%)172919196

10

MARKET SHARES BY VALUE IN 2005 - COMPANY WISE CONGLOMERATE ACQUISITIONOTR

-J K Group Collaboration with Continental

16% RPG Group Acquired Italian CeatBK Birla Group Collaboration with Pirelli

23% - Acquired Dunlop South AfricaTVS Group

P K Ruia Group Acquired Dunlop India35% -

Bridestone Group, Japan

Two and Three Wheeler OTR & Agriculture Vehicle

Y YN NY YN YN YY YY YN YN N

Two and Three Wheeler OTR & Agriculture VehicleN NN NN NN NN YN NN NN NN N

Two and Three Wheeler OTR & Agriculture VehicleN NN NN NN NN NN NN NN NN N

Financial and Economical ResourcesFalcon Goodyear

1936.86 7398527.39287.26

1206.68 5034.964.21 334

3.32 4.51

PRODUCTION CAPACITY ( Million Tyres) DISTRIBUTION DEALERS SUPPLIER

6 2500 Volvo and Tata Motors4 5.7 1104 5.5 1001 1.54 6.1 188 45001 9 2070

7 Hero Honda, Yamaha, Bajaj2 3.3 42 8200 Maruti1 2.6 TATA Motors

EXPORTS

UAE, Singapore, Philippines43 CountriesImport from SA

Pakistan, Nepal, Srilanka, Australia