IMPORTANT INFORMATION

You should rely only on the information contained in this offering memorandum
(the Offering
Memorandum). None of the Issuer, the Guarantors or Citigroup Global Markets
Limited, Credit
Suisse Securities (Europe) Limited, J.P. Morgan Securities Ltd., Morgan Stanley &
Co.
International plc and Standard Chartered Bank (collectively, the initial
purchasers) has authorised
anyone to provide you with any information or represent anything about the
Issuer, the Guarantors or
the initial purchasers, the Issuers financial results or this offering that is not
contained in this
Offering Memorandum. If given or made, any such other information or
representation should not be
relied upon as having been authorised by the Issuer, the Guarantors or the initial
purchasers. None of
the Issuer, the Guarantors or the initial purchasers is making an offering of the
Notes in any
jurisdiction where this offering is not permitted. You should not assume that the
information
contained in this Offering Memorandum is accurate as at any date other than the
date on the front of
this Offering Memorandum.
In making an investment decision, prospective investors must rely on their own examination
of the
Issuer and the terms of this offering, including the merits and risks involved.
This Offering Memorandum has been prepared by the Issuer solely for use in connection with
the
proposed offering of the Notes described in this Offering Memorandum and for application
for listing
particulars to be approved by the Luxembourg Stock Exchange and for the Notes to be
admitted to the
Official List of the Luxembourg Stock Exchange and admitted to trading on its Euro MTF
Market.
This Offering Memorandum may only be used for this purpose. This Offering Memorandum
does not
constitute an offer to any other person or to the public generally to subscribe for or
otherwise acquire
Notes. Each prospective investor, by accepting delivery of this Offering Memorandum,
agrees to the
foregoing.
In addition, none of the Issuer, the Guarantors or the initial purchasers or any of our or their
respective representatives is making any representation to you regarding the legality of an
investment in
the Notes, and you should not construe anything in this Offering Memorandum as legal,
business or tax
advice. You should consult your own advisers as to legal, tax, business, financial and related
aspects of
an investment in the Notes. You must comply with all laws applicable in any jurisdiction in
which you
buy, offer or sell the Notes or possess or distribute this Offering Memorandum, and you must
obtain
all applicable consents and approvals; none of the Issuer, the Guarantors or the initial
purchasers shall

have any responsibility for any of the foregoing legal requirements.

The Issuer is an indirect, wholly owned subsidiary of Tata Motors Limited (Tata Motors).
Tata
Motors does not assume any liability for or guarantee the Notes and investors in the Notes
will not
have any recourse against Tata Motors in the event of default by Jaguar Land Rover PLC or
any of the
Guarantors of their respective obligations under the terms of the Notes and the Note
Guarantees.
The initial purchasers make no representation or warranty, express or implied, as to the
accuracy
or completeness of the information contained in this Offering Memorandum. Nothing
contained in this
Offering Memorandum is, or shall be relied upon as, a promise or representation by the
initial
purchasers as to the past or future.
The Issuer accepts responsibility for the information contained in this Offering Memorandum.
To
the best of the Issuers knowledge and belief, the information contained in this Offering
Memorandum
is in accordance with the facts and does not omit anything likely to affect the import of such
information. However, the information set out under the headings Exchange Rates,
Summary,
Operating and Financial Review and Prospects and Our Business includes extracts from
information and data, including industry and market data and estimates, released by
publicly available
sources in Europe and elsewhere. While we accept responsibility for the accurate extraction