ICRA Mutual Fund Awards 2008: ICICI Prudential Liquid Plan has been ranked as a Seven Star Fund and awarded the ICRA 7-Star Gold Award in the category of ‘Open Ended Liquid’ schemes for its 1 year performance till December 31, 2007. The rank indicates top performance within the specified category for its 1 year performance. There were 19 schemes considered in ‘Open Ended Liquid’ category for the ranking exercise. Methodology and Source: # ICICI Prudential Liquid - Institutional Plan has been ranked as a Seven Star Fund and awarded the ICRA 7-Star Gold Award in the category of ‘Open Ended Liquid - Institutional Plan’ schemes for its 1 year performance till December 31, 2007. The rank indicates top performance within the specified category for its 1 year performance. There were 10 schemes considered in ‘Open Ended Liquid - Institutional Plan’ category for the ranking exercise. Methodology and Source: # ICICI Prudential FMCG Fund has been ranked as a Seven Star Fund and awarded the ICRA 7-Star Gold Award in the category of ‘Open Ended Sectoral’ schemes for its 3 year performance till December 31, 2007. The rank indicates top performance within the specified category for its 3 year performance. There were 18 schemes considered in ‘Open Ended Sectoral’ category for the ranking exercise. Methodology and Source: ## ICICI Prudential Infrastructure Fund has been ranked as a Five Star Fund in the category of ‘Open Ended Diversified Equity - Defensive’ schemes for its 1 year performance till December 31, 2007. There were 73 schemes considered in ‘Open Ended Diversified Equity - Defensive’ category for the ranking exercise. Methodology and Source: # ICICI Prudential Sweep Plan has been ranked as a Five Star Fund in the category of ‘Open Ended Liquid’ schemes for its 1 year performance till December 31, 2007. There were 19 schemes considered in ‘Open Ended Liquid’ category for the ranking exercise. Methodology and Source: # ICICI Prudential Flexible Income Plan has been ranked as a Five Star Fund in the category of ‘Open Ended Liquid Plus’ schemes for its 1 year performance till December 31, 2007. There were 26 schemes considered in ‘Open Ended Liquid Plus’ category for the ranking exercise. Methodology and Source: # ICICI Prudential Emerging S.T.A.R. Fund has been ranked as a Five Star Fund in the category of ‘Open Ended Diversified Equity - Defensive’ schemes for its 3 year performance till December 31, 2007. There were 41 schemes considered in ‘Open Ended Diversified Equity - Defensive’ category for the ranking exercise. Methodology and Source: ## ICICI Prudential Income Multiplier Fund has been ranked as a Five Star Fund in the category of ‘Open Ended Marginal Equity’ schemes for its 3 year performance till December 31, 2007. There were 27 schemes considered in ‘Open Ended Marginal Equity’ category for the ranking exercise. Methodology and Source: ##. (#The rank is an outcome of an objective and comparative analysis against various parameters, including: risk adjusted return, fund size, and average maturity). (##The rank is an outcome of an objective and comparative analysis against various parameters, including: risk adjusted return, fund size, portfolio turnover and liquidity.) Overall: ICICI Prudential Mutual Fund has been judged Fund House of the Year by ICRA Mutual Fund Awards 2008 in the Debt Category. The award is for performance in the period 2005-2007. There were 32 Mutual Funds in the category. The rank indicates top overall performance within the eligible fund houses. The average performance of the entire scheme in a sub-category for a particular mutual fund house is multiplied by the weight of that category. These weights are derived by expressing the average asset under management that the sub-category collectively holds as a percentage of the total industry corpus. The scores in the sub-categories are then added to arrive at the collective performance score for the fund house. The rank is an outcome of an objective and comparative analysis against various parameters, including: risk adjusted return, fund size, company concentration, sector concentration and portfolio turnover. The rank is neither a certificate of statutory compliance nor any guarantee on the future performance of ICICI Prudential Income Multiplier Fund. Ranking Source & Publisher: ICRA Online Limited. The ranking methodology did not take into account entry and exit loads imposed by the Fund. Past performance is no guarantee of future results. Lipper Fund Awards India 2008: ICICI Prudential Asset Management Company has been awarded the ‘Best Bond Group over 3 years’ in the category ‘Bond’ (3 years), the ‘Best Mixed Assets Group over 3 years’ in the category ‘Mixed Assets’ (3 years) and the ‘Best Overall Fund Group over 3 years’ in the category ‘Overall Group (3 years). Best Bond Group: The award is for performance in the period Year 2005 to Year 2007. There were 19 Asset Management Companies in the category. Methodology and Source: # 2. Best Mixed Assets Group The award is for performance in the period Year 2005 to Year 2007. There were 13 Asset Management Companies in the category. Methodology and Source: #. (#The funds that were considered for the award were funds registered for sale in the respective country as of the end of the evaluation year with at least 36 months of performance history as of the end of the evaluation year. Fund groups with at least five equity, five bond, or three mixed-asset portfolios in the respective asset classes are eligible for a group award. The lowest average decile rank of the three years, Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In cases of identical results the lower average percentile rank will determine the winner.) 3. Best Overall Group: The award is for performance in the period year 2005-2007. There were 10 Asset Management Companies in the category. The funds that were considered for the award were funds registered for sale in the respective country as of the end of the evaluation year with at least 36 months of performance history as of the end of the evaluation year. Fund groups with at least five equity, five bond, or three mixed-asset portfolios in the respective asset classes are eligible for a group award. An overall group award will be given to the group with the lowest average decile1 ranking of its respective asset class results based on the methodology described above. In cases of identical results the lower average percentile rank will determine the winner. The decile ranking is obtained by the percentile ranking according to the formula: INT(((( Percentile Rank - 1 ) * ( 1 - 4.3.21 )) / 10 ) +1 ) in order to eliminate the percentile ranking bias within very small and very large sectors by number of funds. Classification Awards: 1.ICICI Prudential Gilt Fund Investment Plan – PF Option – Growth has been awarded the ‘Best Fund over 3 years’ in the category ‘Bond INR Government Category’ (3 years). The award is for performance in the period Year 2005 to Year 2007. There were 46 funds in the category. Methodology and Source: ## 2. ICICI Prudential Dynamic Plan – Growth has been awarded the ‘Best Fund over 3 years’ in the category ‘Mixed Assets INR Conservative Category’ (3 years). The award is for performance in the period Year 2005 to Year 2007. There were 7 funds in the category. Methodology and Source: ## 3. ICICI Prudential Long Term Plan – Cumulative has been awarded the ‘Best Fund over 5 years’ in the category ‘Bond INR General’ (5 years). The award is for performance in the period Year 2003 to Year 2007. There were 53 funds in the category. Methodology and Source: ## (##The funds that were considered for the award were funds registered for sale in the respective country as of the end of the evaluation year with at least 36 months of performance history as of the end of the evaluation year. The asset classes considered are equity, bond and mixed-asset portfolios. Highest Lipper Leader Consistent Return measure determines the fund classification winner over three, five or ten years). The ranking methodology did not take into account entry and exit loads imposed by the Fund. A detailed methodology is available at www.lipperweb.com. Ranking and award Source: Lipper. Past performance is no guarantee of future results. ICICI Prudential Growth Plan (An open-ended equity fund. Objective is to generate long term capital appreciation), Entry Load: **, Exit Load: Nil; ICICI Prudential Discovery Fund (An open-ended Equity Fund. Objective is to generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks). Entry Load: **, Exit Load: Nil. ** (i) For investment of less than Rs.5 crores is 2.25% of applicable NAV; (ii) For investment of Rs.5 crores and above is Nil. ICICI Prudential Growth Plan and ICICI Prudential Discovery Fund are the only the names of the Schemes and does not in any manner indicate either the quality of the Schemes or its future prospects and returns. For Statutory Details and risks factors please turn overleaf.