The registration of the Fund (Reg. number 44973C1/GBL) as a Category I Global Business license of the FSC in Mauritius should not be taken to imply that the Fund has been approved by any regulatory authority in any other jurisdiction other than the Mauritius. Specifically the Fund and any person involved in the Fund's management are not registered or approved under the securities laws of the United States that are regulated by the U.S. Securities and Exchange Commission (SEC) and therefore the Fund's shares may not be purchased directly or indirectly by any United States person (being citizen or resident in the United States of America, or partnerships or corporations organized under the laws of the United States of America or any state, territory or possession thereof).

Further neither the Fund's shares described herein nor this Website or Document shall constitute, and may not be used for the purposes of, an offer or solicitation in any jurisdiction (i) in which such offer or solicitation is not authorized, or (ii) in which the person making such offer or solicitation is not qualified to do so, or (iii) to any person to whom it is unlawful to make such offer or solicitation. The above information is for general guidance only and it is the responsibility of any person reading this Website/Document to inform him or herself of all applicable legal and regulatory requirements and other consequences that might apply in any relevant jurisdiction, as a consequence of his or her citizenship, residence or domicile or otherwise.

The information, tools and material presented in this report are provided to you for information purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities or other financial instruments. India Emerging Opportunities Fund Limited may not have taken any steps to ensure that the securities referred to in this report are suitable for any particular investor. India Emerging Opportunities Fund Limited will not treat recipients of this report as its customers by virtue of their receiving this report.

Information and opinions presented in this report have been obtained or derived from sources believed by India Emerging Opportunities Fund Limited to be reliable, but India Emerging Opportunities Fund Limited makes no representation as to their accuracy or completeness. India Emerging Opportunities Fund Limited accepts no liability for loss arising from the use of the material presented in this report. This report is not to be relied upon in substitution for the exercise of independent judgment.

India Emerging Opportunities Fund Limited may, to the extent permitted by law, participate or invest in financing transactions with the issuer(s) of the securities referred to in this report, perform services for or solicit business from such issuers, and/or have a position or holding, or other material interest, or effect transactions, in such securities or options thereon, other investments related thereto. India Emerging Opportunities Fund Limited may, to the extent permitted by law, act upon or use the information or opinions presented herein, or the research or analysis on which they are based, before the material is published.