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Overview

We are a leading print media company in India, publishing India’s fourth largest major daily newspaper, Amar Ujala (in terms of total readership) (Source: Indian Readership Survey (“IRS”) for fourth quarter of 2012(“IRS2012Q4”). Amar Ujala, our flagship Hindi daily newspaper, has total readership of approximately 30.13 million readers per day (Source: IRS 2012Q4). Further, the average circulation of Amar Ujala was approximately 2.49 million copies per day during the first half of 2015 (Source: Audit Bureau of Circulation (“ABC”) January to June 2015 (“ABC Jan-June2015”)). Amar Ujala is one of the fastest growing major daily newspapers in India with a growth in circulation of 27.69% during period of January-June 2015 (with an average circulation of approximately 2.49 million per day) compared to the period of January-June 2014 (with an average circulation of 1.95 million per day) (Source: ABC).

Amar Ujala was first published in the late 1940s in Agra, Uttar Pradesh and is now published in 19 editions in states of Uttar Pradesh, Uttarakhand, Himachal Pradesh, Jammu & Kashmir, Punjab and Haryana as well as union territories of New Delhi and Chandigarh. Amar Ujala has been ranked as the most widely circulated and read daily newspaper in the city of Lucknow and the states of Uttarakhand and Jammu & Kashmir, most widely read newspaper in Himachal Pradesh and second most widely circulated and read in the state of Uttar Pradesh (Source: IRS2012Q4 and ABC Jan-June2015). We also publish a Hindi daily tabloid newspaper, Amar Ujala Compact, in six editions published in the state of Uttar Pradesh, with a combined readership of 2.59 million readers per day (Source: IRS2012 Q4). Amar Ujala Compact is the most widely read and circulated Hindi daily tabloid in state of Uttar Pradesh (Source: IRS2012Q4 and ABC Jan-June2015).

In addition to our news and current affairs print media business, we also publish educational books, under the publication series ‘Amar Ujala Education Books’, and educational magazines. Our series of educational books include general knowledge manuals, books based on curriculum of National Council of Educational Research and Training (“NCERT”) and study kits for the preparation of various entrance examinations including examinations conducted by Union Public Services Commission and University Grants Commission. We also publish Saflata, a niche monthly magazine providing study material for civil services and other examinations, and Safalta Samyiki, which provides information relating to general knowledge and current affairs.

Our Competitive Strengths

We are one of the leading print media companies in India, with a wide footprint, circulation and readership. We believe our key strengths are:

We have a strong established brand in the Indian print media business.

We are one of the leading print media houses in India, and have been publishing Hindi daily newspaper Amar Ujala since the late 1940s. Amar Ujala, our flagship newspaper, has an total daily readership of 30.13 million readers, making it one of the most widely read broad-sheet newspaper in India (Source: IRS2012Q4). We believe that our brand commands respect and credibility and offers us competitive advantage when entering new markets in India. We also continually invest in building our brands by promoting our corporate identity and reinforcing our key strengths including through social and cultural initiatives.

Amar Ujala is one of the fastest growing major daily newspapers in India.

Amar Ujala is one of the fastest growing major daily newspapers in India. The circulation of Amar Ujala increased by 27.69% from 1.95 million per day in first half of 2014 (Source: ABC Jan-June2014) to 2.49 million per day in first half of 2015 (Source: ABC Jan-June 2015), which was the one of the highest among all major daily newspapers in India audited by ABC during that period for which certificates were obtained from ABC by the members.

Our reach and leadership position in key markets.

We have a presence in a substantial portion of North India. Our flagship newspaper Amar Ujala is published in 19 editions across six states and two union territories. There are 299.97 million people living in Amar Ujala’s footprint (which is all six states and the union territories where it is published from), which is approximately 24.79% of the Indian population (Source: Census of India, 2011) and accounts for a large part of the Hindi-speaking base in India (Source: Census of India, 2001). [Amar Ujala was ranked as the most widely circulated and read Hindi daily newspaper in states of Uttarakhand and Jammu & Kashmir, most widely read newspaper in Himachal Pradesh and second most widely circulated and read in the state of Uttar Pradesh (Source: ABC Jan-June2015; IRS2012Q4)].