Corporate Social Responsibility-The OIL Way OIL management understands that there is a need to strike a balance between the

overall objectives of achieving corporate excellence vis--vis the corporate responsibility towards the community. Philosophy To promote the awareness and practice of Good Corporate Citizenship, by business becoming an integral part of societal process where people have access to resources to make informed choices and decisions towards a more humane and compassionate society. Vision Statement OIL is a Responsible Corporate Citizen deeply committed to socio-economic development in its areas of operations. Summary of Various CSR initiatives Social Survey: OIL conducted a social survey through Dibrugarh University in the year 1983 (in its operational areas in the NorthEast) to evolve a CSR Strategy. the Company introduced a scheme entitled Social Welfare Programme (SWP) in 1984 and later on another scheme called Areas Development Scheme (ADS) in 1996. The SWP policy places OILs commitment of protecting the environment, upliftment of education, Health and socio-economic Development a topmost priority. Health: OILs Mobile Dispensary services: The mobile hospital services of OIL have always been one of the most significant community welfare projects of the Company. Today, the team of doctors and paramedical staff of OIL hospital cater to the basic medical needs of the villages in and around OIL s operational areas. Education: Since inception, OIL has been providing financial assistance to all-round development of education from primary to

higher education. As on date, the Company has provided financial assistance towards construction of school building, libraries, auditoriums, teachers common room etc in over 350 institutions in the Company operational areas in Upper Assam. The Company also provided Merit Scholarships to students who excel in their 10th and 12th Board exams from schools in and around OILs operational areas in Upper Assam. General Nursing Midwifery (GNM) training in OIL Hospital, Duliajan: The nursing school in OIL Hospital Duliajan conducts 3 years General Nursing Midwifery (GNM) training course which is recognized by the Directorate of Medical Education, Government of Assam.

Financial Assistance to Socio- Cultural/Sports/YouthOorganizations /Mahila Samities: The Company has supported the youth and women organizations in a big way. The support is mainly in terms of financial assistance towards enabling the different organizations in carrying out their developmental activities. Oil India Rural Development Society (OIRDS) Agriculture Development Programme: OIL INDIA RURAL DEVELOPMENT SOCIETY (OIRDS) under the aegis of OIL adopts villages under registered Pathar Parichalona Samity (PPS), provides assistance and technical guidance to farmers in nearby villages of OILs operational areas for agricultural development. Handicraft Training & Production Centre (HTPC): Established in 1984, OILs Handicraft Training and Production Centre, located at Duliajan imparts training to women on Handicraft, Weaving, Embroidery and Tailoring on monthly stipendiary for a 9 months period.

Development Project Rupantar- The New CSR Iinitiative: In order to address the problem of growing unemployment and poverty, OIL has undertaken a long-term project named Rupantar (transformation) of investing in projects, which can help the unemployed youths to find alternate source of employment. Oil India Limited signed a MoU with the State Institute of Rural Development (SIRD), Assam at the Companys field headquarters in Duliajan on 8th September, 2003. Project ASWAN OIL is replacing the telecommunication system of 1157 Km crude oil trunk pipeline which supplies crude oil to the four refineries in Indias north eastern region with optical fibre cable (OFC). The additional capacity (bandwidth) that will be available in the OFC System, would act as an infrastructure provider for value added services in telecommunication business