Ann: MoU executed directly with Andhra Pradesh Govt, page-2

HIGHLIGHTS
 NSL executes MoU to support 5 year growth strategy in Andhra Pradesh.
 MoU executed directly with State Government of Andhra Pradesh (GoAP).
 MoU to unlock significant iron ore production potential for NSL in the newly formed State.
 GoAP will facilitate provision of necessary assistance for the Company which includes prompt land acquisition, adequate infrastructure development and offering attractive incentives.
 MoU reinforces NSL’s strategy of value addition in the Indian iron ore industry.
 Huge 28,000 acre industrial park to be developed 30kms from NSL’s operations.
 More than 1,400 delegates from 42 countries attend Investment Summit.
 Andhra Pradesh on track for +14% growth for next 15 years as a result of building a new state.