1. ITC Limited One of India’s Most Valuable Corporations

2. Performance Track Record- Snapshot Total Shareholder Returns: 25% Rs. 1 crore= Rs. 10 million

3. Key Financials:2006/07

4. Segment Revenues: FY 06/07

5. Segment Results: FY 06/07

6. Segment Capital Employed: FY 06/07

7. ITC - Key Financials – Q1 07/08

8. Segment Revenues: Q1 07/08

9. Segment Results: Q1 07/08

10. Segment Capital Employed: Q1 07/08

14. ITC - Business Portfolio ITC FMCG: Cigarettes Other FMCG Hotels Agri Business Leaf Tobacco Agri Commodities Paperboard Paper & Packaging

17. FMCG - Cigarettes

20. Source : Based on Cigarette consumption data(2003) from “ World Cigarettes”,ERC Group plc.

21. Hotels & Tourism

24. Economic impact of the Travel & Tourism Sector Full potential yet to be harnessed in the Indian context

27. Paperboards, Paper & Packaging

32. Agri Businesses - Leaf Tobacco - Agri Commodities

37. Future Growth & Value Capture New FMCG Initiatives

46. Future Positioning of ITC A leading FMCG player in India F A R M E R S M A R K E T S Cigarette Trade Marketing capability Branded Foods Expanded FMCG distribution capability e-choupal rural two-way fulfillment capability A basis for strategic partnerships with other FMCG brand owners VPN providing SCM, ERP & CRM capability Lifestyle retailing Greeting cards/stationery Matches & Agarbattis

47. Forward-looking Statements Statements in this presentation describing the Company’s objectives, future prospects, estimates, expectations etc. may be “forward looking statements” within the meaning of applicable securities laws and regulations. Investors are cautioned that “forward looking statements” are based on certain assumptions of future events over which the Company exercises no control. Therefore there can be no guarantee as to their accuracy. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected or implied by these forward looking statements. Such risks and uncertainties include, but are not limited to: growth, competition, acquisitions, domestic and international economic conditions affecting demand, supply and price conditions in the various businesses in the Company’s portfolio, changes in Government regulations, tax regimes and other statutes, and the ability to attract and retain high quality human resource.