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DIRECT PARENT COMPANY:

SUBSIDIARIES: NIL

SISTER COMPANIES:

DLF LIMITED.

DLF Shopping Mall, 3rd Floor
Arjun Marg, DLF City Phase-I
Gurgaon-122002Ph: 91-124-4334200

SALES TURNOVER: 1,42,950.44 LACS (2007-06)

SALES TURNOVER: 1,14,503.34 LACS (2006-05)PROFIT BEFORE TAX: 62,033.12 (2007-06)

PROFIT BEFORE TAX: 34,790.47 (2007-05)

The DLF group is a leading real estate developer based in New Delhi, India. The group has over 289 million sq. ft. of existing development and 615 million sq. ft. of planned projects. DLF is committed to quality, trust and customer sensitivity, and deliver on promises with agility and financial prudence. In September 2006 DLF was the only real estate firm amongst the 60 businesses named Superbrands of India under the real estate category.

The core business traditionally has been made up of 3 prime divisions; residential, commercial and retail. To these DLF has added 3 further divisions; hotels, infrastructure and SEZs

Subsidiaries Companies of DLF LIMITED

OPERATIONS:

General:

DLF and Laing O’Rourke enter into strategic alliance New Joint Venture: DLF Laing O’Rourke
DLF has a 60-year history of service excellence. Since it was founded in 1946, it has been responsible for the development of 21 urban colonies aggregating 5,816 acres, as well as an entire integrated 3,000-acre township - DLF City.
The group is capitalising on emerging market opportunities to deliver high-end facilities and projects to its wide base of customers by constantly upgrading its internal skills and resource capabilities. In line with its current expansion plans, the DLF Group has over 130 million sq. ft. of development across its businesses, including developed and on-going projects. This comprises over 28 million sq. ft. of projects that the group has executed under its home, offices and shopping mall segments.
Laing O'Rourke plc is the largest privately owned construction firm in the UK having offices in the UK, Germany, India, Australia and United Arab Emirates, with over 23,000 employees worldwide.
Laing O'Rourke specialises in delivering ambitious yet achievable construction projects that delight both clients and the communities who use them every day, and the company is responsible for some of the most innovative construction solutions anywhere in the world.

Key Highlights :

• First international contracting agency committed to tapping India's long term potential across the infrastructure sector covering express highways, airports and hi-tech construction involving power plants and mega projects
• World class competencies in design, construction, safety, speed and post completion services
• Multiple projects, significant investments and employment generation opportunities

DLF Universal Limited (DLF)
India’s foremost real estate developer and Laing O’Rourke (LOR), the leading UK based $ 5 billion infrastructure major have entered into a Joint Venture (JV) to form DLF Laing O’Rourke.
DLF Laing O’Rourke, a 50:50 partnership between DLF and LOR will be staffed by the world’s leading construction team comprising of the best of professionals from India and overseas. The JV will undertake execution of a large number of DLF’s mega projects across the country as well as others. The JV will be significantly capitalised with an initial investment of close to Rs.500 crore, to be aggressively enhanced over several months. Additionally, a large infrastructure fund will be floated with a corpus of about $1.5 billion. This will help the JV to be the country’s leading construction company with project volumes in the range of Rs.5000 crore over the next few years.
This JV will deliver world class projects and help DLF become a major player in India’s construction and infrastructure development programmes. It will also reinforce DLF’s national leadership position in the real estate industry and help generate large scale employment for about 50,000 people, directly and through sub-contractors in the medium term.
LOR’s experience in international construction spans several decades and includes noteworthy projects such as the Millennium Dome in the UK, The Dubai International Airport and the Convention Centre in Hong Kong and the on-going Terminal 5 project at Heathrow Airport, London.
DLF Laing O’Rourke will function as an independent entity executing large scale projects providing end-to-end solutions and setting up new benchmarks of quality, aesthetics and design in India’s growing construction and infrastructure industry (END).

About DLF:
DLF Universal Limited, a pioneer and leader in India’s real estate industry has completed projects of over 35 million sq. ft. across its residential, commercial and retail businesses. With over 250 million sq. ft. of identified/secured projects across the country and 100 million sq.ft. of on-going projects, DLF will also develop around 100,000 acres of land over the next couple of years, nationally. With a track record spanning six decades in developing most of modern Delhi and DLF City in Gurgaon, the company is now well poised to reinforce its strong national position with significant projects across major cities and urban centres of the country.

About Laing O’ Rourke:
Laing O'Rourke, an international construction group is a world leader in construction solutions, providing total capability in design, procurement and delivery of major global projects with a focus on innovation and technological excellence. Laing O’Rourke has todate executed a number of global scale construction projects. Besides, the group is also executing several mega projects of international scale. Laing O’Rourke now seeks to replicate its significant global expertise by participating in the exciting and fast growing Indian Construction Industry in times to come.

NAME                                                                                NO OF SHARE              EQUITY PER SHARE

SOLID BUILDCON PRIVATE LIMNITED                                 2,474,925.00                       RS. 10

LAING O ROURKE HOLDING LIMITED                                  2,524,925.00                       RS. 10

TOTAL:                                                                              4,999,850.00                        RS. 10

Profit & Loss A/c for the year ended 31-01-2006 TO 31-03-2007

RATING EXPLANATION