Invest in REC NCDs and earn up to 7.88%

Rated:  CRISIL AAA, CARE AAA, ICRA AAA & IND AAA from IRRPL                     Allotment on First Come First Serve Basis*

HIGHLIGHTS OF THE ISSUE   COMPANY PROFILE Secured, redeemable debentures with tax benefits under  Section -10 of The Income Tax Act, 1961 Rated “AAA” by CRISIL, CARE, ICRA & IRRPL respectively Interest Income on the Debentures is tax-free in nature No cap on investment & no lock-in period Who can Apply- Resident Individuals, HUFs, QIBs, Corporates To be listed on NSE & BSE   Registered as NBFC, REC was incorporated on July 25, 1969 under the Companies Act 1956 Committed to financing & promotion of transmission, distribution & generation of energy projects throughout India One of the 16 public sector undertakings to be granted NAVRATNA status Profit After Tax: Rs 2817 crores for the F.Y. 2011-12 Net Worth: Rs 14745 crores for the F.Y. 2011-12

DETAILS OF THE ISSUE ARE AS FOLLOWS Particulars Series 1 Series 2 Tenure 10 years 15 years Issue Opens December 3, 2012 Issue Closes December 10, 2012 Issue Size Rs 4500 crores Face Value Rs 1000/- Minimum subscription  Rs 5000/- & in multiple of 1 Bond thereafter Rating  "AAA" from CRISIL, "AAA" from CARE ,"AAA" from ICRA & "IND AAA" from IRRPL Listing  NSE & BSE Interest Payments Annual Who can Apply?  Resident Individuals/HUF/QIBs/Corporates Effective Yield (%) Corporates 7.22 7.38 QIBs 7.22 7.38 Individuals/HUF (Investments > 10 lac) 7.22 7.38 Individua/HUF (Investments <= 10 lac) 7.72 7.88 Redemption Date End of 10 yrs from the deemed date of allotment End of 10 15yrs from the deemed date of allotment Redemption Amount Face Value plus the interest accrued if any

Basis of Allotment: Category Portion Allotment Basis Size (%) QIBs  (I) Institutional “First Come First Serve” basis 300% of the overall issue size Corporates (II) Non-Institutional “First Come First Serve” basis 15% of the overall issue size Resident Individuals, HUFs -Investment> 1 Lacs (III) HNIs “First Come First Serve” basis 15% of the overall issue size Resident Individuals, HUFs -Investment<= 1Lacs (IV) Retail “First Come First Serve” basis 40% of the overall issue size

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