IMRAN ICICI BANK, HISTORY ALLWYN ABOUT THE BANK, FINANCIALS, PRUDENTIALS, MANAGEMENT, HITESH 63 UK INSURANCE OPERATIONS, OVERSEAS

EAS OPERATIONS HARISH - PRUDENTIAL ASUURANCE VERSUS PRUDENTIAL FINANCIAL, ICICI PRUDENTIAL HITESH 55 ICICI PRUDENTIAL EDGE, VISION AND VALUES ASHWIN FACT SHEET, MANAGEMENT PROFILE, AWARDS AND RECOGNITION.

ICICI Bank
BSE & NSE: ICICI, NYSE: IBN Founded 1955 (as Industrial Credit and Investment Corporation of India) Headquarters: ICICI Bank Ltd., ICICI Bank Towers, Bandra Kurla, Mumbai, India Key people N Vaghul, K.V.Kamath, Chanda Kochhar, Kalpana Morparia, V Vaidyanathan, Madhabi Puri Industry: Banking Insurance Capital Markets and allied industries Products: Loans, Credit Cards, Savings, Investment vehicles, Insurance etc. Revenue USD 5.79 billion Total assets . 1,676.59 bn (USD 38.5 bil) ICICI Bank (BSE: ICICI) (formerly Industrial Credit and Investment Corporation of India) is India's largest private sector bank in market capitalization and second largest overall in terms of assets. ICICI Bank has total assets of about USD 79 Billion (end-Mar 2007), a network of over 950 branches and offices, about 3600 ATMs, and 24 million customers (as of end July 2007). ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. ICICI Bank's equity shares are listed in India on stock exchanges at Kolkata and Vadodara, the Stock Exchange, Mumbai and the National Stock Exchange of India Limited and its ADRs are listed on the New York Stock Exchange (NYSE).

History

The World Bank, the Government of India and representatives of Indian industry formed ICICI Limited as a development finance institution to provide medium-term and long-term project financing to Indian businesses in 1955. 1994 ICICI establishes ICICI Banking Corporation as a banking subsidiary. ICICI Banking Corporation is renamed as 'ICICI Bank Limited' 1999 ICICI becomes the first Indian company and the first bank or financial institution from nonJapan Asia to list on the NYSE. 2001 ICICI acquired Bank of Madura (est. 1943). Bank of Madura was a Chettiar bank, and had acquired Chettinad Mercantile Bank (est. 1933) and Illanji Bank (established 1904) in the 1960s. 2002 The Boards of Directors of ICICI and ICICI Bank approve the merger of ICICI, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. After receiving all

necessary regulatory approvals, ICICI integrates the group's financing and banking operations, both wholesale and retail, into a single entity. Also, ICICI Bank bought the Shimla and Darjeeling branches that Standard Chartered Bank had inherited when it acquired Grindlays Bank. 2002 ICICI establishes representative offices in NY and London. 2003 ICICI opens subsidiaries in Canada and the United Kingdom (UK), and in the UK it establishes alliance with Lloyds TSB. It also opens an Offshore Banking Unit (OBU) in Singapore and representative offices in Dubai and Shanghai. 2004 ICICI opens a rep office in Bangladesh to tap the extensive trade between that country, India and South Africa. 2005 ICICI acquires Investitsionno-Kreditny Bank (IKB), a Russia bank with about US$4mn in assets, head office in Balabanovo in the Kaluga region, and with a branch in Moscow. ICICI renames the bank ICICI Bank Eurasia. ICICI Bank offers a high-interest (5.4% gross) internet savings account to UK customers. Also, ICICI establishes a branch in Dubai International Financial Centre and in Hong Kong. 2006 ICICI Bank UK opens a branch in Antwerp, in Belgium. ICICI opens representative offices in Bangkok, Jakarta, and Kuala Lumpur. 2007 ICICI amalgamates Sangli Bank, which is headquartered in Sangli, in Maharashtra State, and which has 158 branches in Maharashtra and another 31 in Karnataka State. ICICI also received permission from the government of Qatar to open a branch in Doha and from the US Federal Reserve to open a branch in New York. ICICI Bank Eurasia opens a second branch, this time in St. Petersburg. 2008 ICICI Bank launches [2] iMobile, a comprehensive Mobile banking solution. iMobile is considered to be a breakthrough innovation in Indian Banking which allows a customer to do all possible transactions through a GPRS-enabled mobile phone.

About the bank

The Government of India established ICICI in 1955 as a Financial Institution (FI, other such institutions were IDBI and SIDBI) with the objective to finance large industrial projects. ICICI was not a bank - it could not take retail deposits - and nor was it required to comply with Indian banking requirements for liquid reserves. ICICI borrowed funds from many multilateral agencies (such as the World Bank), often at concessional rates. It used these to make large corporate loans. All this changed in 1990s. ICICI founded a separate legal entity, ICICI Bank, to undertake normal banking operations - taking deposits, credit cards, car loans etc. The experiment was so successful that ICICI merged into ICICI Bank in a "reverse merger" in 2002. At the time of the reverse merger, there were rumours that ICICI had a large proportions of Non Performing Loans ("NPA", as they are known in India) on its books - in particular to the steel industry. Since 2002, there has been a general revival in Indian industry (and metal based industry in particular). It is widely believed that the proportion of NPAs has come down to prudent levels (even if it were high earlier). ICICI Bank now is the largest among all banks in retail or consumer financing. ICICI Bank is the largest issuer of credit cards in India [1]. It was the first bank to offer a wide network of ATM's and has a large network of ATM's.

ICICI Bank also has the largest market value of all banks in India, and is widely seen as a sophisticated bank able to take on many global banks in the Indian market. The Bank is expanding in overseas markets and has the largest international balance sheet among Indian banks. The international banking business was set up in 2002 to implement a focussed strategy for the overseas market. The Bank now has wholly-owned subsidiaries, branches and representatives offices in 18 countries, including an offshore unit in Mumbai. This includes wholly owned subsidiaries in UK, Canada and Russia, offshore banking units in Singapore and Bahrain; advisory branch in Dubai, branches in Sri Lanka, Hong Kong and Belgium; and rep offices in the US, China, United Arab Emirates, Bangladesh, South Africa, Indonesia, Thailand and Malaysia. The bank is targeting the NRI (Non Resident Indian) population for expanding its business. ICICI Bank has been endorsed by Amitabh Bachchan and Shahrukh Khan. The Cheques presented to winners in the first 2 versions of the famous game show - Kaun Banega crorepati were ICICI Bank cheques.

Financials (as of March 31, 2007)

Profits: USD 715 mln (prev. USD 569 mn) Assets: USD 79 bn (prev. USD 56.3 bn) Employees: over 33,000 (prev. 25,384)

Prudential plc
Founded 1848 Headquarters London, England, UK Key people Sir David Clementi, Chairman Mark Tucker, CE Industry Financial services Products Financial services Revenue 35,945 million (2006) Operating income 2,071 million (2006) Net income 875 million (2006) Employees 23,000 Slogan: Always Listening, Always Understanding.

Prudential plc (LSE: PRU, NYSE: PUK) is a United Kingdom-based financial services company. The company has over 21 million customers worldwide. As well as the UK arm of its operations it has operations in 12 countries in Asia and owns Jackson National Life in the United States. It founded the Egg internet bank, which it sold to Citigroup in 2007. Within the UK, the company's business includes the sale of pensions, annuities, savings and investments (bonds, ISAs). They are particularly well-known for the sale of with-profit bonds and pensions, corporate pension schemes, bulk annuities and individual annuities. The company left the general insurance (household, car) market in 2002, licensing Churchill Insurance (now part of the Royal Bank of Scotland group) to use the Prudential name.

Management
There are currently 13 people on the board of directors. Key individuals are: Chairman of Board of Directors Group Chief Executive Group Finance Director Chief Executive of M&G Chief Executive of Prudential Corporation Asia Chief Executive of UK & European Insurance Operations Sir David Clementi Mark Tucker Philip Broadley Michael McLintock Barry Stowe Nick Prettejohn

President & Chief Executive Officer for Jackson National Life Clark Manning

UK Insurance Operations
Prudential plc was founded on 30 May 1848 in Hatton Garden, London, as The Prudential Mutual Assurance Investment and Loan Association. It began by providing loans to professionals secured through life assurance. The company became The Prudential Assurance Company in 1867 and a limited company in 1881 following the introduction of the Limited Liability Act 1880 and floated on the London Stock Exchange in 1924.

Holborn Bars - Traditional home of Prudential In 1858 they began selling the relatively new concept of industrial branch insurance policies to the working class population for premiums as low as one penny through agents acting as door to door salesmen. The firm built its early strength on this large direct sales force of agents who would visit clients in person to discuss their needs and to collect insurance premiums. The army of premium collection agents was for many many years identified with the Prudential as the "Man from the Pru". This was a successful policy for Prudential at the time and despite competition from more established assurance companies the Prudential insured about one-third of the UK population in the early 1900s.

Relative to the size of the UK economy and financial markets the firm became more influential than either Prudential Financial of America or Nissei (Nippon Life) in Japan. Today, Prudential is one of the top listed UK based life insurance companies with key businesses in the UK, US and Asia. Prudential stayed focused on branch-based sales while the products shifted from traditional whole-of-life policies to group pensions and an increasing popularity of With Profits products. In recent years the Prudential has become concentrated in specialist areas, particularly With Profits and Annuities where it holds a significant market share. Its takeover of Scottish Amicable lead to a concentration in the Independent Financial Adviser (IFA) market and the reduction of the direct customer sales more attributed to the "man from the Pru" concept. It restructured into a holding company called Prudential Corporation Plc in 1978 after the acquisition of Vanbrugh Life and M&G Reinsurance amongst others. On 1 October 1999 a name change resulted in Prudential plc for ease of recognition and overseas expansion. In June 2000 the company listed on the New York Stock Exchange to help focus on the US market. In 1997 Scottish Amicable was acquired after demutualisation. It was originally the West of Scotland Life Insurance Company and was founded in Glasgow, Scotland in 1826. In 1998 Prudential set up Egg, an internet bank within the UK. The subsidiary reached 5 billion in deposits and 500,000 customers within six months but did not reach profitability until the end of 2001. In June 2000 an initial public offering of 21% was made to allow for further growth of the company but a failed attempt to gain market share in France with the takeover of Zebank in 2002 led to a pull out in 2004 and a failed attempt by Prudential to sell the bank. In February 2006 Prudential repurchased the 21% share of Egg that it sold in 2000 to move the bank solely into its UK Insurance Operations business. Egg was subsequently sold to Citibank in January 2007. In 2001, M&G, a UK fund management company, was acquired. Initially run as a standalone business unit, it was moved into the UK Insurance Operations business in late 2005. On 4 October 2004, Prudential launched a new subsidiary, PruHealth, a joint venture with Discovery Holdings of South Africa, itself a subsidiary of FirstRand Bank. PruHealth sells Private Medical Insurance to the UK market. The business currently employs 6,700 full-time staff in offices in Stirling, Reading, Belfast, London, Dublin and Mumbai. In April 2008, around 3000 jobs will transfer across to Capita under a TUPE agreement. These breakdown as 1000 in Stirling, 750 in Reading and 1250 in Mumbai

Overseas Operations
In addition to the original UK business, Prudential plc has two other business units:

Prudential is the largest UK life assurer in Asia and operates through Prudential Corporation Asia. It has had a presence in the continent since 1923 when an overseas agency for life assurance was created in India. Although this was subsequently nationalised, Prudential has recently relaunched in India as ICICI Prudential, a 26% joint venture with ICICI Bank. As CITIC Prudential Life, a 50-50 joint venture, they were the first UK company to re-establish life business in China in 2000. As of August 2005 they have 10 city or provincial licences in China. There are also businesses in Hong Kong, Taiwan, Japan, South Korea, Singapore, Malaysia, Philippines, Thailand, Vietnam and Indonesia. Jackson National Life was purchased in 1986. It was named after Andrew Jackson, the seventh President of the United States of America and started business in 1961 at Jackson, Michigan.

Prudential Assurance versus Prudential Financial

Prudential Assurance Company Ltd, now part of Prudential Plc, was for many years the dominant life assurance company in the UK. It was agents from the Pru who, on deciding to leave Prudential and move to the United States, were given access to all the techniques of the firm to assist them in forming an insurance firm in America. That infant company went on to become Prudential of America, The Rock. There was never a significant ownership link between the two Prudential companies although there is a memorandum of understanding about use of the Prudential name around the world.

ICICI Prudential
ICICI Prudential is a joint venture between ICICI Bank and Prudential plc engaged in the business of life insurance in India.

The company was established in December 2000 and currently operates out of 735 offices across India.

Overview
ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank - one of India's foremost financial services companies-and Prudential plc - a leading international financial services group headquartered in the United Kingdom. Total capital infusion stands at Rs. 33.62 billion, with ICICI Bank holding a stake of 74% and Prudential plc holding 26%. We began our operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA). Today, our nation-wide team comprises of over 1,000 offices, over 263,000 advisors; and 22 bancassurance partners. ICICI Prudential was the first life insurer in India to receive a National Insurer Financial Strength rating of AAA (Ind) from Fitch ratings. For three years in a row, ICICI Prudential has been voted as India's Most Trusted Private Life Insurer, by The Economic Times - AC Nielsen ORG Marg survey of 'Most Trusted Brands'. As we grow our distribution, product range and customer base, we continue to tirelessly uphold our commitment to deliver world-class financial solutions to customers all over India.

The ICICI Prudential Edge

The ICICI Prudential edge comes from our commitment to our customers, in all that we do - be it product development, distribution, the sales process or servicing. Here's a peek into what makes us leaders. 1. Our products have been developed after a clear and thorough understanding of customers' needs. It is this research that helps us develop Education plans that offer the ideal way to truly guarantee your child's education, Retirement solutions that are a hedge against inflation and yet promise a fixed income after you retire, or Health insurance that arms you with the funds you might need to recover from a dreaded disease. 2. Having the right products is the first step, but it's equally important to ensure that our customers can access them easily and quickly. To this end, ICICI Prudential has an advisor base across the length and breadth of the country, and also partners with leading banks, corporate agents and brokers to distribute our products . 3. Robust risk management and underwriting practices form the core of our business. With clear guidelines in place, we ensure equitable costing of risks, and thereby ensure a smooth and hasslefree claims process. 4. Entrusted with helping our customers meet their long-term goals, we adopt an investment philosophy that aims to achieve risk adjusted returns over the long-term.

5. Last but definitely not the least, our 20,000 plus strong team is given the opportunity to learn and grow, every day in a multitude of ways. We believe this keeps them engaged and enthusiastic, so that they can deliver on our promise to cover you, at every step in life.

Vision & Values

Our vision: To be the dominant Life, Health and Pensions player built on trust by world-class people and service. This we hope to achieve by:

Understanding the needs of customers and offering them superior products and service Leveraging technology to service customers quickly, efficiently and conveniently Developing and implementing superior risk management and investment strategies to offer sustainable and stable returns to our policyholders Providing an enabling environment to foster growth and learning for our employees And above all, building transparency in all our dealings

The success of the company will be founded in its unflinching commitment to 5 core values -Integrity, Customer First, Boundaryless, Ownership and Passion. Each of the values describe what the company stands for, the qualities of our people and the way we work. We do believe that we are on the threshold of an exciting new opportunity, where we can play a significant role in redefining and reshaping the sector. Given the quality of our parentage and the commitment of our team, there are no limits to our growth. Our values : Every member of the ICICI Prudential team is committed to 5 core values: Integrity, Customer First, Boundaryless, Ownership, and Passion. These values shine forth in all we do, and have become the keystones of our success.

Fact Sheet
The Company ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank, a premier financial powerhouse, and Prudential plc, a leading international financial services group headquartered in the United Kingdom. ICICI Prudential was amongst the first private sector insurance companies to begin operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA). ICICI Prudential's capital stands at Rs. 33.62 billion with ICICI Bank and Prudential plc holding

74% and 26% stake respectively. For the nine months period April 1 to December 31, 2007, the company garnered new business weighted premium of Rs. 4,586 crore and has underwritten around 18 lakh policies during the period. The company has assets held to the tune of Rs. 28,000 crore. ICICI Prudential is also the only private life insurer in India to receive a National Insurer Financial Strength rating of AAA (Ind) from Fitch ratings. The AAA (Ind) rating is the highest rating, and is a clear assurance of ICICI Prudential's ability to meet its obligations to customers at the time of maturity or claims. For the past seven years, ICICI Prudential has retained its leadership position in the life insurance industry with a wide range of flexible products that meet the needs of the Indian customer at every step in life.

Distribution
ICICI Prudential has one of the largest distribution networks amongst private life insurers in India. It has a strong presence across India with over 785 branches in addition to 280 microoffices and an advisor base of 263,000. The company has 22 bancassurance partners having tie-ups with ICICI Bank, Bank of India, Federal Bank, South Indian Bank, Shamrao Vitthal Co-Op Bank, Jalgaon Peoples Co-op Bank, Ernakulam District Co-op Bank, Idukki District Co-op Bank, Ratnagiri Sindhudurg Gramin Bank, Solapur Gramin Bank, Wainganga Kshetriya Gramin Bank, Aryawart Gramin Bank, Jharkhand Gramin Bank, Narmada Malwa Gramin Bank, Baitarani Gramya Bank, Ratnagiri District Central Co-op Bank, Seva Vikas Co-op Bank, Sangli Urban Co-Operative Bank, Baramati Co-operative Bank, Ballia Kshetriya Co-Operative Bank, The Haryana State CoOperative Bank and Imphal Urban Cooperative Bank Ltd.

Products
Insurance Solutions for Individuals ICICI Prudential Life Insurance offers a range of innovative, customer-centric products that meet the needs of customers at every life stage. Its products can be enhanced with up to 4 riders, to create a customized solution for each policyholder. Savings & Wealth Creation Solutions

Save'n'Protect is a traditional endowment savings plan that offers life protection along with

adequate returns. CashBak is an anticipated endowment policy ideal for meeting milestone expenses like a child's marriage, expenses for a child's higher education or purchase of an asset. It is available for terms of 15 and 20 years. LifeTime Gold & LifeTime Plus are unit-linked plans that offer customers the flexibility and control to customize the policy to meet the changing needs at different life stages. Each offer 6 fund options - Preserver, Protector, Balancer, Maximiser, Flexi Growth and Flexi Balanced. LifeLink Super is a single premium unit linked insurance plan which combines life insurance cover with the opportunity to stay invested in the stock market. Premier Life Gold is a limited premium paying plan specially structured for long-term wealth creation. InvestShield Life New is a unit linked plan that provides premium guarantee on the invested premiums and ensures that the customer receives only the benefits of fund appreciation without any of the risks of depreciation. InvestShield Cashbak is a unit linked plan that provides premium guarantee on the invested premiums along with flexible liquidity options. LifeStage RP is a unique and powerful wealth creation insurance solution, which combines the benefits of automatic asset allocation and quarterly rebalancing along with increased protection.

Protection Solutions

LifeGuard is a protection plan, which offers life cover at low cost. It is available in 3 options level term assurance, level term assurance with return of premium & single premium. HomeAssure is a mortgage reducing term assurance plan designed specifically to help customers cover their home loans in a simple and cost-effective manner.

Education insurance plans

Education insurance under the SmartKid brand provides guaranteed educational benefits to a child along with life insurance cover for the parent who purchases the policy. The policy is designed to provide money at important milestones in the child's life. SmartKid plans are also available in unit-linked form - both single premium and regular premium.

Retirement Solutions

ForeverLife is a traditional retirement product that offers guaranteed returns for the first 4 years and then declares bonuses annually. LifeTime Super Pension is a regular premium unit linked pension plan that helps one accumulate over the long term and offers 5 annuity options (life annuity, life annuity with return of purchase price, joint life last survivor annuity with return of purchase price, life annuity guaranteed for 5, 10 and 15 years & for life thereafter, joint life, last survivor annuity without return of purchase price) at the time of retirement. LifeLink Super Pension is a single premium unit linked pension plan.

Immediate Annuity is a single premium annuity product that guarantees income for life at the time of retirement. It offers the benefit of 5 payout options. PremierLife Pension is a unique and convenient retirement solution with a limited premium paying term of three or five years, to suit professionals and businessmen, especially those who require more flexibility and customization while planning their finances.

Health Solutions

Health Assure Plus: Health Assure is a regular premium plan which provides long term cover against 6 critical illnesses by providing policyholder with financial assistance, irrespective of the actual medical expenses. Health Assure Plus offers the added advantage of an equivalent life insurance cover. Cancer Care: is a regular premium plan that pays cash benefit on the diagnosis as well as at different stages in the treatment of various cancer conditions. Cancer Care Plus: is a wellness plan that includes all the benefits of Cancer Care and also provides an additional benefit of free periodical cancer screenings. Diabetes Care: Diabetes Care is a unique critical illness product specially developed for individuals with Type 2 diabetes and pre-diabetes. It makes payments on diagnosis on any of 6 diabetes related critical illnesses, and also offers a coordinated care approach to managing the condition. Diabetes Care Plus also offers life cover. Diabetes Care Plus: is a unique insurance policy that provides an additional benefit of life cover for Type 2 diabetics and pre-diabetics Hospital Care: is a fixed benefit plan covering various stages of treatment - hospitalisation, ICU, procedures & recuperating allowance. It covers a range of medical conditions (900 surgeries) and has a long term guaranteed coverage upto 20 years. Crisis Cover : is a 360-degree product that will provide long-term coverage against 35 critical illnesses, total and permanent disability, and death.

Group Insurance Solutions ICICI Prudential also offers Group Insurance Solutions for companies seeking to enhance benefits to their employees. Group Gratuity Plan: ICICI Pru's group gratuity plan helps employers fund their statutory gratuity obligation in a scientific manner. The plan can also be customized to structure schemes that can provide benefits beyond the statutory obligations. Group Superannuation Plan: ICICI Pru offers both defined contribution (DC) and defined benefit (DB) superannuation schemes to optimise returns for the members of the trust and

rationalise the cost. Members have the option of choosing from various annuity options or opting for a partial commutation of the annuity at the time of retirement. Group Immediate Annuities: In addition to the annuities offered to existing superannuation customers, we offer immediate annuities to superannuation funds not managed by us. Group Term Plan: ICICI Pru's flexible group term solution helps provide affordable cover to members of a group. The cover could be uniform or based on designation/rank or a multiple of salary. The benefit under the policy is paid to the beneficiary nominated by the member on his/her death.

Flexible Rider Options ICICI Pru Life offers flexible riders, which can be added to the basic policy at a marginal cost, depending on the specific needs of the customer.

1. Accident & disability benefit: If death occurs as the result of an accident during the term of the policy, the beneficiary receives an additional amount equal to the rider sum assured under the policy. If an accident results in total and permanent disability, 10% of rider sum assured will be paid each year, from the end of the 1st year after the disability date for the remainder of the base policy term or 10 years, whichever is lesser. If the death occurs while travelling in an authorized mass transport vehicle, the beneficiary will be entitled to twice the sum assured as additional benefit. 2. Critical Illness Benefit: protects the insured against financial loss in the event of 9 specified critical illnesses. Benefits are payable to the insured for medical expenses prior to death. 3. Waiver of Premium: In case of total and permanent disability due to an accident, the future premiums continue to be paid by the company till the time of maturity. This rider is available with SmartKid, LifeTime Plus, LifeTime Super and LifeTime Super Pension. 4. Income benefit rider: In case of death of the life assured during the term of the policy, 10% of the sum assured is paid annually to the nominee on each policy anniversary till the maturity of the rider.

Management Team
The ICICI Prudential Life Insurance Company Limited Management team comprises reputed people from the finance industry both from India and abroad. Ms. Shikha Sharma, Managing Director & CEO Mr. N. S. Kannan, Executive Director Mr. Bhargav Dasgupta, Executive Director Ms. Anita Pai, EVP Customer Service & Technology Mr. Azim Mithani, Chief Actuary

Mr. Puneet Nanda, Executive Vice President & Chief Investment Officer, ICICI Prudential Life Insurance Company Limited

Board of Directors
The ICICI Prudential Life Insurance Company Limited Board comprises reputed people from the finance industry both from India and abroad.

Mr. K.V. Kamath, Chairman Mr. Barry Stowe Mrs. Kalpana Morparia Mrs. Chanda Kochhar Mr. HT Phong Mr. M.P. Modi Mr. R Narayanan Mr. Keki Dadiseth Ms. Shikha Sharma, Managing Director Mr. N. S. Kannan, Executive Director Mr. Bhargav Dasgupta, Executive Director

Awards and Recognitions:

India's Most Customer Responsive Insurance Company Avaya Global Connect - Economic Times Customer Responsiveness Awards, 2007 Ms. Shikha Sharma, MD & CEO, ICICI Prudential Life Insurance was adjudged as one of the 50 Most Powerful Women in Business by The Financial Express.

Ms. Shikha Sharma, MD & CEO, ICICI Prudential Life Insurance was adjudged the Entrepreneur of the Year-Manager at the Ernst and Young Entrepreneur Awards 2007

Ms. Shikha Sharma, MD & CEO, ICICI Prudential Life Insurance was awarded the Outstanding Businesswoman of the Year at CNBC TV18's India Business Leader Awards 2007

ICICI Prudential Life Insurance won the award for the Best Life Insurer-Runner up at the Outlook Money & NDTV Profit Awards 2007

ICICI Prudential Lifes, retirement solutions campaign for the year 2006-07 was awarded the Bronze Effy trophy in the services category.It also won the Brand Equity Bravery Award 2007, instituted by Ad club. ICICI Prudential Lifes website, www.iciciprulife.com was awarded the best website among private life insurers at the Web 18 and Frost & Sullivan Genius of the Web Awards 2007 for commendable work in the online.

Innovation Award for launching Diabetes Care Prudence Award 2006 People Award for excellence in training and people development - Prudence Award 2006

India's Most Customer Responsive Insurance Company Avaya GlobalConnect - Economic Times Customer Responsiveness Awards Most Trusted Private Life Insurer The Economic Times - A C Nielsen Survey of Most Trusted Brands 2003, 2004 and 2005

Prudence Customer Centricity Award 2004 & 2005 Prudential Corporation Asia

Best Life Insurer 2003 Outlook Money Awards 2003 & 2004

Superbrand 2003-04

Silver Effie for Effectiveness of the Retire from Work not life advertising campaign Effies 2003

Recognitions: IMM Award for Excellence Institute of Marketing & Management Organisation with Innovative HR Practices Indira Group of Institutes Organisation with Innovative HR Practices Asia-Pacific H R Congress Awards for HR Excellence