The Challenge and BeyondThe one question that everyone seems to be asking these days is “What is it that fuels Muthoot Group’s drive to the summit of success”. Simply put, it is our commitment to be not just the biggest but also the best. A strong belief in our traditional values backed by an innovative business approach has helped us assume a leadership position. At Muthoot Group, we have consciously taken a decision to strive for ‘Quality at any Cost’ to create value in every aspect of business for our valued customers. By the grace of the Almighty, this year has in particular been truly good for us. We have seen major landmarks in our businesses.

Muthoot Exchange Dubai has entered into a remittance arrangement with Mercantile Bank Ltd., Bangladesh. A formal agreement was signed on 7 October 2011. With this landmark event, a large section of the immigrants from Bangladesh in Dubai trust the services of Muthoot Exchange for remittance of funds to Bangladesh.

The recently announced financial results of Muthoot Finance for the second quarter have been extremely encouraging. Retail Loan Assets Under Management have increased by ` 2,991 crore to ` 20,940 crore. Total Income grew by 109% YoY to ̀ 1,105 crore. PAT for the second quarter of FY 12 was at ̀ 215 crore as against ` 115 crore last year, a YoY increase of 88%. With God’s Abundant blessing, we have been showered with a number of Laurels. The lessons that we get from our success stories have led us to a much more challenging path, one of sticking to our mission of empowering every individual in the society while upholding our Group’s commitment to Ethics & Values. Our attitude of ‘never giving up’ should make us even more tenacious towards achieving even steeper targets.

Let us together pledge to do our best and move towards being the most trusted conglomerate ever known. I need the support of all our customers who trust us abundantly. This is possible only through the unflinching collective commitment of all our staff members - our valued members of the Muthoot Group Family.

ChairmanM.G. George Muthoot

VOL XVI / ISSUE #4 / DEcEmbEr 11for private cirulation only

Shri. M.G George Muthoot, Chairman, The Muthoot Group was featured on the cover page of Forbes Asia. Forbes India listed him as the 50th richest person of the country.

UK-KERALA BUSINESS FORUM has given “ASIAN BUSINESS MAN OF THE YEAR 2011” award to Mr. M.G.George Muthoot, Chairman, Muthoot Group at a glittering function held at British Parliament, London. The award was handed over to Mr. M.G. George Muthoot by British MP Mr.Stephen Tims. Mr.Virendra Sharma, MP, Chairperson of UK – Kerala Business Forum was present on the occassion.

From the Chairman’s Desk

Sree Uthradam Tirunal Marthanda Varma Thampuran, Maharaja of Travancore released the gold coin with the image of Sree Padmanabha Swami in Ananthashayanam as seen in the Sri Padmanabhaswamy Temple at Trivandrum on 21.10.2011 in the presence of Mr. George Jacob Muthoot Joint Managing Director, The Muthoot Group, Mr. George M Jacob, Director, The Muthoot Group and Mr. P.E.Mathai, CEO Muthoot Precious Metal Corporation.

The launching ceremony of 1gm and ½ gm coins was done by Shri. Hibi Eden, Hon. MLA, by handing over the replica of the coin to Kum. Susan Joseph, Students Representative of St. Teresa’s College, Ernakulam in a colourful function held at Corporate Office Cochin in the presence of Shri. George M. Jacob, Director, Muthoot Group, Shri. P.E. Mathai, Chief Executive Officer of Muthoot Precious Metals Corporation, Shri. George M George, Executive Director, Muthoot Group and Shri. George Alexander Muthoot, Managing Director, Muthoot Group.

Top management of Muthoot Group along with the best performing Regional Managers and Managers of Kerala regions, in the annual offsite of Muthoot wealth management services held at Kumarakom Zuri resort.

Muthoot wealth management Trivandrum team receiving prize from Mr.George Alexander Muthoot, MD Muthoot group for their consistent performance, in the annual offsite held at Kumarakom Zuri resort. Vice president Muthoot wealth management services Mr.Thomas P Rajan is also present.

Shri. M.G. George Muthoot, Chairman Muthoot group giving away prize to Kozhencherry Muthoot wealth management team for their outstanding performance, in the annual offsite held at Kumarakom Zuri resort.

Shri.George Jacob Muthoot (JMD) officially launched the tie up with Apollo Munich Health insurance company by lightening the lamp at Trivandrum. Vice president, Muthoot wealth management services Mr. Thomas P Rajan and Regional Managers of South and North Trivandrum were also present

MUTHOOT FINANCE ANNUAL SALES MARKETING MEETING 2011 - 2012, RIVIERA SUITES, ERNAKULAM.

Appreciation letters received from our associate hospitals for our Dialysis support

St. George’s School, Alaknanda celebrated its Annual Day ‘GURUDEV NAMAN’ on November 26th 2011, marking Gurudev Rabindra Nath Tagore’s 150th birth anniversary through a variety of presentations. As a tribute befitting this aesthetic genius, the shows focused on this multi-faceted persona that few can equal.The program was inaugurated by Mrs. Anita Satia, Deputy Director of Education, Government of Delhi in the presence of Dr. Sara George, Principal, St. George School, Alakananda and Mr. Alexander M. George, Director, The Muthoot Group.

Mr. Ramakant Goswamy-Hon’ble. Labour Minister of NCT inaugurated Corporate office North on 10.12.2011. Mr. Alexander M George, Director, The Muthoot Group, Mr. M.G. George Muthoot, Chairman, The Muthoot Group, Mr. M.M. Jacob,Former Governor of Meghalaya, Mr. Oskar Fernandes, MP & AICC General Secretary, (Left to right) were present at this occation.

Blessing of New Corp-office by Delhi Bishop H.G Yuhanon Mar Demetrios.

As a part of CSR initiative, Muthoot Group has donated a Vehicle to Cochin Corporation. Mr. George M George, Executive Director, The Muthoot Group handed over the key to Mr. Tonny Chammany, Hon’ble Mayor, Corporation of Cochin at a function held at Corporation office.

Mr. Muhammed Salim, Standing Council Chairman, Thalassery Muncipality lighting the lamp at the shifting ceremony of MVFL Thalassery branch on 23.11.11.

Blessing ceremony of Kooroppada Branch attended by Mr. George Thomas Muthoot, Jt. Managing Director, The Muthoot Group.

Managing Director & Executive Director with Corporate office staff.

Muthoot Group – Mathrubhumi SEED Quiz

Staff Meet of Muthoot Vehicle & Asset Finance Ltd (MVFL) ‘ASCENSION-2011.

Inauguration of our JC Road Branch under Bangalore South Region. Mr. George Alexander Muthoot, Managing Director, The Muthoot Group addressing the gathering.

Muthoot Securities organized Investors Meet at Kochi. Mr. George M Alexander addressed the gathering. Mr. K.P. Padmakumar, Executive Director, Mr. George Alexander Muthoot, Managing Director, Mr. George M George, Executive Director, Muthoot Group were present on this occasion.

KOzHIKODE

ALLEPPEY

TRIVANDRUM MAVELIKKARA KOTTAYAM

KOTTARAKKARA KOLLAM

KATTAPPANA PUNALUR

Mathrubhumi News paper has organized a program named “Students Empowerment for Environmental Development (SEED) sponsored by Muthoot Group with an aim to create awareness among youth about clean water, clean air, clean energy and clean earth. As a part of this SEED project they organized Quiz competitions in Educational District Level (38 Centers) & Revenue District Level (14 Centers). The preliminary round (Educational District level) of Muthoot Group-Mathrubhumi SEED quiz was conducted on 13th November, 2011 & the second phase (Revenue District Level) was on 10th December, 2011.

Under the auspices of Muthoot M George Foundation, The Muthoot Group distributed Muthoot M George Excellence Award to the toppers of S.S.L.C, Plus Two, & Degree students belonging to the Archdiocese of Verapoly in association with the Kerala Catholic Youth Movement.

It is easy to talk about success, but it is really tough to achieve success in different aspects of life. It is difficult to find what makes a person successful, many researchers and psychologists have tried to infer the formula of success, but no concrete answer has been drawn yet. Still we can say that there are few things that make a person different from rest of the people and this uniqueness make them successful. Let’s decode the secret of success and try to make our life successful in all spheres.We all make big New Year resolutions, set goals and many of us make future plans, set goals, but the problem is we do not continuously strive to achieve the goals. Let’s create a list here and find out how any particular quality can contribute to one’s success.You become what you think: Think positive & good and you feel the power of positive vibes. It will fill you with good thoughts and positive energy, on the contrary pessimistic thinking will only dishearten the person and will discourage them from taking initiatives. It is my personal observation that positive thinking enhances willpower and willingness to face the challenges. Always remember positive things happen to positive people.

Set your dreams & goals: set your goals, chalk out a plan to reach it and work to achieve it. Resolution that is not written is merely a dream. To convert your dream into a reality note it down and draw a concrete plan to achieve it. The reason we often fail to achieve our New Year resolution is because we did not note it down on paper. Track your success and live your dream.Action-plan: it is not words but actions that bring success. It doesn’t matter whether you take a big leap or small steps but it is necessary to take regular action towards your goal and work continuously to achieve it. Ask yourself what your plans for your dreams are and how you will achieve it.Be a learner: sounds clichéd? But it is true. To be successful in your endeavor it is important to learn new skills, keep yourself updated and apply your knowledge. Be an avid learner and realize how learning can benefit you in different aspects of your life.Be persistent and work hard: Success is a marathon, not a sprint. Never give up. The way to success is full of hurdles and competitions and only persistent players will reach the end. There is no shortcut to success. So work hard and try untiringly to achieve the goal. It is the only way to reach your goal.Keen sense of analyzing details: figures and data are useful if they are being inferred in the right manner. A good learner always learns from their past mistakes, analyzes situations carefully, and checks all the pros and cons and only then proceeds towards any decision. Spend time in collecting useful data and analyze it for significant information, but don’t get too involved in data and figures or else you will miss the main objectives.Focus: successful people know how to best utilize their time and money. Focus on your task, manage your resources intelligently and get the most from the available resources. Remain focussed on your goal and manage your time smartly so that you can achieve your goal.Be innovative: Either be part of the crowd or be the one among the crowd, the choice is yours. Explore your dimensions and break the set pattern of thinking and reach your dream. To reap the fruits of the hard work you have to develop innovative thinking.Communicate effectively: learn to express yourself positively and it is equally important to learn what other people are trying to say or what their motives are. Successful people know how to communicate their ideas and how to comprehend other’s views and ideas.Be responsible: Take responsibility for your actions and decisions or the above mentioned points won’t matter.Success is like a tree it will not grow overnight, one has to be persistent and honest in their approach for better results. In addition to the above the individual or employee will be successful provided he has working knowledge about what he is doing in the organization.

more at http://www.citeman.com/17544-your-door-to-success-you-didnt-read-this/#ixzz1Y6WxWNeb

Your Door to Success – you didn’t read this?by V S Rama Rao on September 7, 2011

Yi Kochi’s and Muthoot Environment Research Foundation’s initiative against Noise pollution “Horn Not OK Please” Poster designing completion was held at TocH School Auditorium, Vytilla on 15 October, 2011. Dr. Madhavan Nair, Former Chairman, ISRO gave away the prizes to the winners of the Competition at a Yi Learning session on 21 October, 2011 at Hotel Le Meridian in the presence of Mr. George M George, Executive Director, The Muthoot Group, Mr. Pramod B Nair, Ms. Anuradha Ganesh, Executive, Young Indians (Yi) & Executive, Confederation of Indian Industry (Southern Region).

The Band Hunt Season 2 organised by Chennai Live 104.8FM.

• Financial Services • Hospitality • Real Estate • Education • Healthcare • IT • Media • Forex • Money Transfer • Wealth Management • Precious Metals • Power Generation • Travel Services • Securities Trading • Commodities & Currency Trading • Plantations • Vehicle & Assets Finance Ltd.

Fixed Income Gold Bond (w.e.f: 12.12.2011)

Monthly Interest SchemePeriod General Special Category**

30 days 7.50 % 8.00 %46 days 8.50 % 9.00 %

3 months 9.50 % 10.00 %6 months 10.50 % 11.00 %12 months 11.50 % 12.00 %400 days 12.00 % 12.50 %

18 months 12.50% 13.00 %24 months 12.50% 13.00%30 months 12.50% 13.00%36 months 12.50% 13.00%60 months 11.50% 12.00%

Annual Interest SchemePeriod General Special Category**

12 months 12.00% 12.50%400 days 12.50% 13.00%

18 months 13.00% 13.50%24 months 13.00% 13.50%30 months 13.00% 13.50%36 months 13.00% 13.50%60 months 12.00% 12.50%

Multiplier Bond (w.e.f: 12.12.2011)

PeriodGeneral Special Category**

Maturity value

Effective Yield (p.a.)

Maturity value

Effective Yield (p.a.)

36 months 1447 14.90 1468 15.6060 months 1762 15.24 1806 16.12

* Interest rate for Special Category is applicable to (a) Senior Citizens, (b) State /Central Government Pensioners, (c) Ex- Servicemen and their widows, (d) Central / State Award Winners and (e) Single investment of Rs.25 lakhs and above.

Muthoot Doubling Bond Plus (w.e.f: 12.12.2011)*

PeriodMaturity value of

Rs.1000*Effective Yield*

(p.a.)66 months 2080 19.63%

INTEREST RATES OF GOLD BONDS

*Minimum investment Rs.25,000/-

Call free from BSNL Landline: 1800 425 1887. Customer Care Cell: 98470 91119.Tel: 0484 2396478, 2394712.Fax: 0484 2396506.e-mail: mails@muthootgroup.comwww.muthootgroup.com

Compiled & Published by The Muthoot Group (A Muthoot M George Enterprise), for private circulation. Corporate Office: Muthoot Chambers, Opp. Saritha Theatre Complex, Banerji Road, Kochi - 682 018, Kerala, India. English

Mr. George Alexander Muthoot, Managing Director, The Muthoot Group participated in BANCON (Bankers Conference 2011) along with Mr. M.V. Tanksale. Chairman & Managing Director, Central Bank of India. (Left to Right) Mr. Jatin Pant, Associate Partner, Mumbai, McKinsey & Company, Mr. V. Shankar, Partner Global Business Solutions, IBM India Pvt. Ltd., Mr. Maninder Singh Juneja, Sr. General Manager, Head-Retail Liabilities and Geographies, ICICI Bank Ltd., Mr.S.S Mundra, Executive Director, Union Bank of India, Mr.R.K Bakshi, Executive Director, Bank of Baroda, Mr. M.V. Tanksale, Chairman & Managing Director, Central Bank of India, Mr. N. Seshadri, Executive Director, Bank of India, Mr. Ashvin Parekh, Partner & National Industry Leader for Global Financial Services – Ernst & Young., Mr. George Alexander Muthoot, Managing Director, The Muthoot Group, Mr. V Muraly, Chartered Accountant, Victor Grace & Co. Chennai.

14th Annual General Meeting of Muthoot Finance Ltd. was held on 28th September, 2011 at Fine Arts Hall, Ernakulam. From Left to Right Mr. George Joseph, Mr. George Varghese, Mr. K.P Padmakumar, Mr. George Alexander Muthoot, Mr. M.G. George Muthoot, Mr. George Thomas Muthoot, Mr. George Jacob Muthoot, Justice K. John Mathew, Mr. John K. Paul.

Muthoot Exchange, Dubai has entered into a remittance arrangement with Mercantile Bank Ltd. Bangladesh. Formal remittance agreement was signed between Mr. George Jacob Muthoot, Joint Managing Director, Muthoot Group and Mr. A.K.M. Shahidul Haque, Managing Director and CEO of Mercantile Bank in Dubai on 7th October 2011 in the presence of Mr. Jose Zacharias, Head-Dubai Operations, Muthoot Group and Mr. M.A. Yousuf Khan, Deputy Managing Director, Mercantile Bank.