Force Motors Ltd., Board Meeting, May 25, 2013. Agenda: To consider audited results.

Force Motors Ltd. launched the Gurkha, the EOV (extreme offroader vehicle) at the International Bus and Utility Show 2013 being held at the India Expo Mart, Greater Noida. The Gurkha is powered by the 2.6 litre Mercedes OM 616-derived turbo-charged intercooled engine and has a ground clearance of 210mm. It is priced from INR 0.625 million onwards (ex-showroom) in Delhi.

Force Motors Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net profit of INR 81.275 million or INR 6.17 basic and diluted earnings per share after extra ordinary items on total income from operations of INR 4,363.207 million compared to net profit of INR 23.387 million or INR 1.77 basic and diluted earnings per share after extra ordinary items on total income from operations of INR 5,182.104 million for the corresponding period last year. Profit from ordinary activities before tax was INR 85.907 million against INR 26.135 million for the same period last year. Profit from operations before other income, finance costs and exceptional items was INR 13.304 million against INR 116.628 million of prior year period. For the nine months, the company reported net profit of INR 376.065 million or INR 28.54 basic and diluted earnings per share after extra ordinary items on total income from operations of INR 14,454.430 million compared to net profit of INR 258.874 million or INR 19.65 basic and diluted earnings per share after extra ordinary items on total income from operations of INR 14,735.822 million for the corresponding period last year. Profit from ordinary activities before tax was INR 438.034 against INR 303.557 million for the same period last year. Profit from operations before other income, finance costs and exceptional items was INR 158.116 million against INR 502.819 million of prior year period.