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Filed - Glenmark

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India Formulations<br />

Moving forward, the plan…<br />

Grow revenues by 15% p.a. - revised upwards from earlier guidance of 10%<br />

<br />

<br />

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<br />

<br />

Strengthen presence in respiratory, pain management and metabolic diseases<br />

– in preparation for own NCE launches<br />

Grow mass-market division, Milieus, through increased product launches,<br />

sales force hires and geographic expansion<br />

Increase in-licensing efforts for novel products to augment own pipeline<br />

Continue launching differentiated branded generics; focus on building<br />

power brands<br />

Improve cost-efficiencies and cash-cycle management<br />

Expect to Exceed April (Profit) Guidance for FY07<br />

23

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