United Breweries

Date of Establishment Revenue Market Cap Corporate Address 1999 1022.01 ( USD in Millions ) 144140.46697735 ( Rs. in Millions ) U B Tower U B City No 24 ,Vittal Mallya Road, Bengaluru-560001, Karnataka www.kingfisherworld.com Chairperson - Vijay Mallya MD - Kalyan Ganguly Directors - A K Ravi Nedungadi, Chhaganlal Jain, Chugh Yoginder Pal, Ernst Willem Arnod Van De Weert, Govind Iyengar, Guido De Boer, John Hunt, John Nicolson, John Simon Hunt, Kalyan Ganguly, Kennth Choo Tey Siam, Kiran Mazumdar Shaw, Lesley Jackson, Madhav Bhatkuly, Rene Hooft Graafland, Stephan Gerlich, Sunil Alagh, Theodorus Antonius Fredericus de Rond, Vijay Mallya Breweries & Distilleries United Breweries (UBL) incorporated in 1999, is a flagship company of UB Group. The company is engaged in manufacturing and marketing of beer. UBL started its journey in 1915, when Thomas Leishman purchased 5 breweries to form United Breweries with its registered office located at Chennai. Much later late Vittal Mallya bought the company in 1947. Today 6 bottles of Kingfisher are sold every second in<s< td=""></s<> Total Income - Rs. 30959.908 Million ( year ending Mar 2011) Net Profit - Rs. 1472.865 Million ( year ending Mar 2011) Govind Iyengar Price Waterhouse & Co

Management Details

Business Operation Background

Financials Company Secretary Bankers Auditors

Company History
United Breweries (UBL) incorporated in 1999, is a flagship company of UB Group. The company is engaged in manufacturing and marketing of beer. UBL started its journey in 1915, when Thomas Leishman purchased 5 breweries to form United Breweries with its registered office located at Chennai. Much later late Vittal Mallya bought the company in 1947. Today 6 bottles of Kingfisher are sold every second in India. Milestones 1950- United Breweries registered office was moved to Bangalore. 1960- Company set up Kalyani Breweries. 1965- UBL set up Kesarwal Beverage in Goa. 1972- High Range Breweries set up in Chertalla in Kerala. 1974- The company exported beer to Aden and Middle East. 1978- UBL established Punjab Breweries. 1981- The company introduced canned beer. 1982 - UB's Kingfisher Lager hit parlours in England and USA.

1996- UBL brought 30% equity stake in National Sorghum Breweries in South Africa. 1997- 98 The company made an investment in brewing business in USA by purchasing 6 Micro Breweries. 2000 - Associated Breweries & Distilleries and Mangalore Breweries & Distilleries were acquired. 2001 - Millennium Alcobev (MABL) a joint venture was formed between Scottish & Newcastle and UBL. 2001-02- The company acquired GMR Vasavi, MP Breweries. It also acquired 41% stake in Inertia Industries, 65% share of Associated Breweries & Distilleries and 97% share of Mangalore Breweries & Distilleries. 2002 UBL acquired Empee Breweries. UBL owns a flagship brand Kingfisher which synonymous with beer in India. Kingfisher is largest selling beer in India that commands 29% of market share. The company has presence in 52 countries. UBL possess two subsidiaries namely Maltex Malsters and Associated Breweries & Distilleries. The company has manufacturing units located in Andhra Pradesh, Maharashtra, Goa, Punjab, Kerala, Rajasthan, Karnataka,West Bengal and Orissa. It also undertakes contract manufacturing through its subsidiary/associate companies. Today, the companys products are sold across 32,000 Beer outlets in India. Millennium Alcobev is joint venture between UBL and Scottish & Newcastle of the UK, in which both companies own 50% stake each. UB Group (Parent Company) UB Group's business interests are in area of brewing, distilling, aviation, fertilizers, life sciences, engineering, research and development and information technology. Awards UBL won the gold medal at the World Beer Championship held in Chicago. The company was awarded first prize in the International Beer Awards organised by the New Zealand Hop Marketing Board. UBL won the bronze award at the 'Australian International Beer Awards' in the 'International Packaged Beer Section for the year 2000.' Outlook The company is planning to set up two greenfield breweries in Andhra Pradesh and Karnataka. The annual production capacity of the facility located at Karnataka will be 3 million cases; the Andhra Pradesh brewery will initially churn out 6 million cases.

Key Executives
S.No 1 2 3 Name Vijay Mallya Kalyan Ganguly A K Ravi Nedungadi Designation Chairman Managing Director Director

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Chugh Yoginder Pal Chhaganlal Jain Kiran Mazumdar Shaw Madhav Bhatkuly Rene Hooft Graafland Theodorus Antonius Fredericus de Rond Stephan Gerlich Guido De Boer

Director Director Director Director Director Director Director Chief Financial Officer & Director

KingFisher Airlenes

Date of Establishment Revenue Market Cap Corporate Address

Management Details

Business Operation Background

1995 1397.93 ( USD in Millions ) 9745.1120295 ( Rs. in Millions ) U B Tower Level 12,U B City 24 Vittal Mallya Road, Bengaluru560001, Karnataka www.flykingfisher.com. Chairperson - Vijay Mallya MD - Vijay Mallya Directors - A K Ravi Nedungadi, A Raghunathan, AK Ravi Nedungadi, Anil Kumar Ganguly, Bharath Raghavan, Diwan Arun Nanda, G R Gopinath, Ghyanendra Nath Bajpai, K J Samuel, Lalit Bhasin, Manmohan Singh Kapur, N Srivatsa, Naresh Trehan, Piyush G Mankad, S R Gupte, Sanjay Aggarwal, Shrikant Ruparel, Subhash R Gupte, Vijay Amritraj, Vijay Mallya Airlines Kingfisher Airlines is one of the leading private players in the Indian aviation industry. Incorporated in 1995 as Deccan Aviation, the company is engaged in the business of providing passenger services and helicopter charter services. The name was changed to Kingfisher Airlines in the year 2008. The airline is part of UB Group owned by Dr Vijay Mallya. Kingfisher Airlines owns 76 aircraft comprising A Total Income - Rs. 64955.623 Million ( year ending Mar 2011) Net Profit - Rs. -10273.98 Million ( year ending Mar 2011) N Srivatsa BK Ramadhyani & Co

Financials Company Secretary Bankers Auditors

History
Kingfisher Airlines is one of the leading private players in the Indian aviation industry. Incorporated in 1995 as Deccan Aviation, the company is engaged in the business of providing passenger services and helicopter charter services. The name was changed to Kingfisher Airlines in the year 2008. The airline is part of UB Group owned by Dr Vijay Mallya. Kingfisher Airlines owns 76 aircraft comprising A330, A 321 (single and double cabin), A 320 (single and double cabin), A 319, ATR 72-500 and ATR 42-500. In India, the airline has a network in 72 cities operating more than 400 flights a day and commands a market share of 25%. Internationally, it operates flights to Dubai, Colombo and London. This airline offers three unique classes of services Kingfisher First (Business class), Kingfisher Class (Premium economy) and Kingfisher Red (Low fare). The company owns two subsidiaries namely Northway Aviation and Vitae India Spirits. Northway Aviation is engaged in the business of financing pre-delivery payments and aircraft acquisition. Kingfisher Airlines is only five star airline in the Indian skies and is known for providing world class in fight services to its passengers. The company has emerged as the first Indian airline that provides a range of services in the mobile segment such as flight updates, ticket buying through SMS and many more. Awards Kingfisher Airlines was awarded NDTV Profit Business Leadership Award for Aviation. Kingfisher Airlines was acknowledged as 'India's only 5 Star airline' and '6th airline in the world' was certified by Skytrax. Kingfisher was rated as Asia Pacific's 'Top Airline Brand' in a survey conducted by TNS on 'Asia Pacific's Top 1,000 Brands' for 2008. Outlook In coming years, the company will launch various routes and expands its network to various cities and counties. Recently Kingfisher Airlines commenced a new route that will connect Sholapur with Mumbai.

Key Executives
S.No 1 3 2 4 5 Name Vijay Mallya Vijay Mallya Bharath Raghavan Subhash R Gupte Manmohan Singh Kapur Designation Chairman Managing Director Company Secretary Vice Chairman Additional Director

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Lalit Bhasin Shrikant Ruparel Piyush G Mankad Ghyanendra Nath Bajpai AK Ravi Nedungadi

Independent Director Independent Director Non Executive Independent Director Non Executive Independent Director Non Independent & Non Executive Director

Key competitors
Company Jet Airways (I) Spice Jet Kingfisher Airlines Global Vectra Helico Jagson Airlines Sales (Rs.Million) 127768.30 28795.08 62333.79 2315.75 97.25 Current Price 383.20 33.45 12.05 9.99 4.15 Change (%) 0.76 2.45 -2.19 0.00 -0.48 P/E Ratio 0.00 0.00 0.00 0.00 1.53 Market Cap.(Rs.Million) 33083.19 16201.50 9745.11 139.86 83.70 52-Week High/Low 518/167 40/15 41/10 26/9 9/3

Vision and Values

Vision and Values

OUR VISION The Kingfisher Airlines family will consistently deliver a safe, value-based and enjoyable travel experience to all our guests. OUR VALUES Safety This is our overriding value. In our line of business, there is no compromise. Service We are all in the hospitality business; we must always seek to serve our guests and gain their trust, goodwill and

loyalty. Happiness We seek to build an organisation with people who choose to be happy, and will endeavour to influence our guests and co-workers to be happy too. Teamwork We will succeed or fail as a team. Each one of us must respect our colleagues regardless of their rank, and we must work together to ensure our mutual success. Accountability Each one of us will be held accountable for the successful execution of our duties, commitments and obligations, and we will strive to lead by example.

(Flykingfisher.com)

Mission
To Make Kingfisher Airlines the best in the world.

Achievement

Best Airline in India and Central Asia, Best Economy Class Seats and Staff Service Excellence Award for airlines in India and Central Asia in World Airline Awards,2010 '5-STAR AIRLINE' award by Skytrax for 3rd consecutive year, 2010 'Indias Favourite Airline' in HT MARS Consumer Satisfaction Survey , 2009 'Best Airline in India and Central Asia', 'Best Cabin Crew-Central Asia' for Kingfisher Airlines and 'Best LowCost Airlines in India and Central Asia' for Kingfisher Red services in SKYTRAX World Airline Awards, 2009 'Bonus Promotion' (Japan, Pacific, Asia, Australia) and Best Customer Service (Japan, Pacific, Asia, Australia) in Freddie Award, 2009 Kingfisher Airlines frequent flyer programme, King Club has won Top Honors at the 21st Annual Freddie Awards in the Japan, Pacific, Asia and Australia region.

Guest testimonial

Sir, May I Clean Your Glasses?

"Airline service" - I've called it the ultimate oxymoron for years and years and then more years. Well, that was before I met Kingfisher Air on a roundtrip to Mumbai last week. First there were the "butlers," I guess you'd call them, that carried our bags on and off the plane for those of us lucky enough to be in business class. Courtesy piled upon courtesy, all at a decent pricethe food was grand. (Though, truth be known, I think almost all Indian food, as prepared in India, is pretty grand.) But it was that last touch. As we neared the beginning of our descent, the flight attendant in biz class walked down the aisle asking us if we'd like her to clean our glasses. Holy shit! (Sorry for the expletive.) Thomas J. Peters aka Tom Peters, is an American writer on business management practices, best-known for, In Search of Excellence. His above comment can be found his column Dispatches FROM THE new world OF work.

What a Magnificent Airline!

Hey everybody from Kingfisher! I would like to thank you so very much. What a magnificent airline! I can't believe that you provide food on a 45 minute flight... this is unheard of in the States! I will always be a huge fan of your airline, you are the best! Many thanks again, Dan

Walk the Talk

In every era, there are people who talk, who walk, and who walk the talk. You are Type III. My details in my homepage. I am a simple ordinary passenger of yours, on Kingfisher, a man from the street, who along with his wife, occasionally feel the greatness of your creation. I am a member of KINGCLUB and so is my wife, Mrs. Nandini Sanyal. This email is just to convey my heartfelt congratulations. No reply or reward necessary or being asked for. GOD bless you and your family and your creations.

Latest Media Release

Statement from KFA - 27 March 2012 Kingfisher Airlines has begun the 2012 summer schedule operating approximately 120 daily flights with 20 dedicated aircraft. This is a "holding plan" that we have put in place pending re-capitalisation and return to full utilisation of the aircraft fleet. In this "holding plan" we have taken adequate care to ensure that part of our core inter-metro schedule is retained, while connectivity is maintained to many cities where we are the sole operator. This is to ensure that public interest is not compromised. In the current schedule, we have taken care to ensure that we maintain schedule integrity with 100% reliability. The DGCA are also monitoring our safety standards on a constant basis. This will give guests the required comfort to confidently book and fly with us. As a result of this "holding plan", there are several stations to which operations have been temporarily suspended. There are, however, skeletal staff present at such airports to assist guests who may have been previously booked to fly with us and come to the airport. Our staff will assist them in re-booking their travel or processing refunds.

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Since we could resume operations after getting re-capitalised, most staff at these stations have been asked to stay at home whilst remaining on the Company's rolls. There is however much speculation on whether we are going to lay off a large number of our staff. To clarify, we are in a "holding" pattern right now and are waiting for various decisions from the Government and our Consortium of Bankers on FDI policy, working capital funding, etc. All of these will have a major impact on the staffing decisions we will have to make. We would dearly like to retain our staff who have remained incredibly dedicated and loyal under extremely trying circumstances. Our immediate priority is to access our funds to pay outstanding staff salaries. We would also like to state, that as directed by the Honourable Income Tax Appellate Tribunal, Bangalore, we have paid a sum of Rs 44 crores towards TDS dues which was due on or before March 27, 2012. Our keen intent is to get re-capitalised and to bounce back as a major player in Civil Aviation which is a major public utility service providing vital connectivity, large scale employment, competition for consumer benefit and contributing to the economic growth of India. We will also protect the interests of all stakeholders, suppliers and service providers as an integral part of our recapitalization plans. We thank our trade partners and valuable guests for their support during these difficult times and wish to assure them of our commitment to provide reliable, safe and on time operations. Prakash Mirpuri Vice President - Corporate Communications Kingfisher Airlines Limited