Stock Exchange Disclosures

Motherson Sumi Systems Limited (MSSL) is pleased to inform that the acquisition of Visiocorp Group has been completed on 6th March, 2009, for which the company had signed terms sheet and made announcement on 2nd January, 2009.

MSSL subsidiary, Samvardhana Motherson Visiocorp Solution Ltd. (SMVSL), has acquired all the subsidiaries of Visiocorp plc (in administration) for a cash consideration of approx. Euro 25 million and allotment of 5% consideration shares having face value of Euro 1.5 million. The acquisition from Visiocorp plc (in administration) comprises only assets in the form of shares of the operating companies and no debt is being acquired from Visiocorp plc (in administration). The acquired subsidiaries also have minimal debt.

SMVSL is 95% owned by Samvardhana Motherson Global Holdings Limited (SMGHL), a joint venture between MSSL and Samvardhana Motherson Finance Limited (SMFL) in the ratio of 51:49.

In 2008, Visiocorp Group had a turnover of approx. Euro 660 million (USD 832 million) (unaudited). The various operating companies include manufacturing locations at USA, Mexico, Australia, UK, Hungary, Spain, France, China, India and Korea together with design and engineering centers at each location and at Germany. The diverse customer profile includes BMW, Chrysler, Daimler, Ford/Volvo, GM, Hyundai/Kia, Mahindra & Mahindra, Maruti Suzuki, Mitsubishi, Porsche, PSA, Renault/Nissan, Tata JLR, Toyota, Volkswagen/Audi etc.

The customers have demonstrated full support and confidence in this acquisition by MSSL and it is MSSL's endeavor to quickly turnaround Visiocorp into a strong and competitive company and gain the status of preferred supplier with all its customers.

Visiocorp is a market leader in exterior rear view mirror systems and brings with it cutting edge technology, covering the complete range of mirrors from low-end entry segments to high-end luxury segments. The product range also includes specialized unique solutions like the Telescopic Trailer Tow Mirrors and camera based Blind Spot Detection systems.

MSSL has a highly successful joint venture with Visiocorp in India for the past 13 years and is a leading supplier of rear-view mirror systems to automobile manufacturers in India. This acquisition will lead to significant leveraging of business synergies as the existing business of Samvardhana Motherson Group greatly supplements Visiocorp needs for products and services, particularly in design engineering services, IT, injection moulded parts & assemblies, moulds and wiring harnesses.

With this acquisition, Samvardhana Motherson Group has become one of the largest manufacturers of automotive mirrors in the world. This further elevates the group's positioning as a major Tier 1 supplier to automotive industry with a global footprint spanning 20 countries and having 80 manufacturing units. Importantly this acquisition also paves the way for MSSL to accomplish its stated goal of reaching a sales turnover of US$ 1 billion by the year 2010. The Samvardhana Motherson Group now becomes a USD 1.6 billion group.

The meeting of the Board of Directors of the Company will be held on Tuesday, the 27th day of January 2009 inter-alia to consider the Unaudited Financial Results for the quarter ended 31st December, 2008.

This is to inform you that we have shifted the Registered Office of the Company from 43, Community Centre, 3rd Floor, Bhageria House, New Friends Colony, New Delhi – 110025 to 2nd Floor, F-7, Block B-1, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi - 110044

w.e.f. 14th January, 2009

The Company has made following announcement to the Stock Exchanges today, i.e. 2.1.2009

The Board of Directors of the company at there meeting held on January 2, 2009 have considered and approved a proposal to acquire global rear view mirror business , which had revenue in excess of Euro 700 millions and normalized EBITDA of Euro 48 millions ( approx.) during 2007 from Visiocorp plc.

The details are as under:

Motherson Sumi Systems Limited (MSSL), together with Samvardhana Motherson Finance Limited (SMFL) , subject to satisfactory completion of certain conditions shall acquire global rear view mirror business from Visiocorp plc . The acquisition shall be made through step down SPV to be set up between MSSL and SMFL in the ratio of 51 % : 49 % and the said SPV would ( directly or indirectly ) acquire various operating companies engaged in the design , manufacture , assembly of rear view mirrors , operating , in Europe , America , Australia and Asia, including in India where MSSL has a successful JV holding 49 % of the JV. Visiocorp is one of the largest player in rear view mirror business and the customers include , General Motors , Ford , Hyundai , Volkswagen , Renault/Nissan , Mercedes Benz , BMW ,Audi , Tata JLR , Maruti Suzuki etc. The acquisition process is expected to be completed by end of Feb 2009.

The proposed capital of the SPV is Euro 30 millions to be subscribed by MSSL and SMFL at the same terms , MSSL shall fund its portion from internal resources. SMFL is a unlisted public limited company controlled by Sehgal family and is the group holding company, holds about 24.78 % shares of MSSL and is the joint venture partner in other companies of Samvardhana Motherson group.

The meeting of the Board of Directors of the Company will be held on Tuesday, the 21st day of October, 2008 inter-alia to consider the Unaudited Financial Results for the quarter ended 30th September, 2008.

The members of the Company at the 21st Annual General Meeting held on Monday, the 11th August, 2008 have declared the payment of final dividend @Rs.1.35 per share (135%)

Register of Members and Share Transfer Books shall remain closed from 5th August, 2008 to 11th August, 2008 (both day inclusive) for the purpose of payment of Dividend and Annual General Meeting to be held on Monday, 11th August, 2008 at 11.30 A.M. at FICCI Golden Jubilee Auditorium, Tansen Marg, New Delhi for the financial year ended 31.03.2008.

The meeting of the Board of Directors of the Company will be held on Saturday, the 26th day of July, 2008 inter-alia to consider the Unaudited Financial Results for the quarter ended 30th June, 2008.