DISCLAIMER

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

Muthoot Finance Limited (“Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a public offering of non convertible debentures and has filed a draft prospectus dated August 24, 2012 with the BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”) and a Prospectus dated September 9, 2012 with the Registrar of Companies, Kerala and Lakshadweep (“RoC”), BSE and NSE. The Prospectus will be available on the websites of BSE at www.bseindia.com, NSE at www.nseindia.com and the websites of the Lead Managers at their addresses provided in the Prospectus.

The following disclaimer applies to the Prospectus hosted on this website. The Prospectus has been filed with the RoC, and the BSE and NSE, solely in compliance with regulation 7(2) of the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, as amended (“SEBI Debt Regulations”). You are therefore advised to read this disclaimer carefully before accessing or making any other use of the Prospectus. In accessing the Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.

[Insert name of Lead Manager] has taken all necessary steps to ensure that the contents of the Prospectus as appearing on this website are identical to the Prospectus filed with the RoC, BSE and NSE in accordance with the SEBI Debt Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither [Insert name of Lead Manager], nor any of its affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. [Insert name of Lead Manager] will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

The Company, its affiliates, directors, officers and agents are not soliciting any action based on this Prospectus, and nothing herein constitutes an offer, solicitation of an offer, or an invitation to subscribe for or purchase any of the securities described in the Prospectus or any other securities of the Company, and should not be construed as such. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this Prospectus comes should inform themselves about and observe any such restrictions. The information in this section and provided in the Prospectus is directed at, and is intended for distribution to, and use by, residents of India only and not available to the residents of other jurisdictions. Residents of countries other than India are not authorized to view or use the information in this section. This information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where distribution or use of such information would be contrary to law or regulation or would subject the Company or any of its affiliates, directors, officers, employees and agents, to any new or additional registration requirements under any law or regulation, by virtue of such distribution. You acknowledge and affirm that you have accessed the Prospectus on the basis that you have confirmed that you are not resident in any jurisdiction or country where distribution or use of such information would be contrary to law or regulation or would subject the Company or any of its affiliates, directors, officers and agents to any new or additional registration requirements under any law or regulation, by virtue of such distribution.

This Prospectus has not been and will not be reviewed or approved by any statutory or regulatory authority or by any stock exchange in India or otherwise in any other jurisdiction. Any representation to the contrary may be a criminal offence.

The information contained in the Prospectus has not been updated since its original publication date and may not reflect the latest updated information about any contents of the Prospectus. We undertake no obligation to update or revise any information or the opinions expressed in this Prospectus as a result of new information, future events or otherwise. The information presented or contained in these materials is subject to change without notice and its accuracy is not guaranteed. Certain statements made in this Prospectus may not be based on historical information or facts and may contain "forward looking statements", including those relating to the Company’s business plans, strategy, future financial condition and growth prospects, future developments in the industry and the competitive and regulatory environment. Such forward-looking statements are not indicative or guarantees of future performance. Any forward-looking statements in this Prospectus are subject to risks and uncertainties that could cause actual results to differ materially from those that may be inferred to being expressed in, or implied by, such statements. Any forward-looking statements, projections and industry data made by third parties included in this Prospectus are not adopted by the Company and the Company is not responsible for such third party statements and projections. The Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this Prospectus as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based. None of the Company, its affiliates, directors, officers or agents guarantees that the assumptions underlying such forward-looking statements are free from error nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this Prospectus or the actual occurrence of the forecasted developments. You should not place undue reliance on forward looking statements, which speak only as of the date of this document. Any prospective investors in securities of the Company are required to make their own independent investigation and appraisal of the business and financial condition of the Company and the nature of its securities.

The contents of the Prospectus are for your information only. You are not authorized on behalf of the Company to copy or duplicate all or any part of the Prospectus in any form by any means, or redistribute it to any other person, for any purpose whatsoever. Any such distribution, forwarding or reproduction of the Prospectus in whole or in part is unauthorized and the Company, its affiliates, directors, officers and agents shall not be responsible, in any way, for the same. Failure to comply with this directive may result in a violation of applicable laws. The Company and its affiliates, directors, officers and agents shall not be liable or responsible in any manner for any loss or damage in respect of alterations or changes which have taken place during the course of transmission of the Prospectus in electronic format. Any other information contained in, or which can be accessed via a link/ hyperlink from this web site does not constitute a part of the Prospectus. The Company and its affiliates, directors, officers and agents shall not be liable or responsible in any manner for any loss or damage that could result from interception by third parties of any information being made available to you through this web site or that you may incur in the event of any failure or disruption of this website, or resulting from any act or omission of any other party involved in making this website or the data contained herein available to you, or from any other cause relating to your access to, inability to access, or use of the web site or the materials contained herein, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.