PNC Infratech Limited — Capital/Financing Update 2018

Aug 30, 2018

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Ref No: PNC/SE/42/18-19

Date: 30.08.2018

To, To, The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P.J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai-400 001 Bandra (East), Mumbai-400 051 Scrip code:539150 Scrip code: PNCINFRA Dear Sir,

Sub: Press Release

In continuation to the announcement made on May 31, 2018 in connection with the Company being declared the L1 (lowest) bidder. We further informs that the Company has received Letter of Award (LOA) from Maharashtra State Road Development Corporation Ltd. (MSRDC) for the 54.4 km long 4th Package of Nagpur-Mumbai Six Lane Super Communication Expressway (Maharashtra Samruddhi Mahamarg) from Km. 162.667 to Km. 217.023 in the state of Maharashtra, on EPC basis for a negotiated contract quoted price of Rs. 1999.52 crore.

We request you to take note of the same.

Thanking you,

For PNC Infratech Limited Tapan Jain Company Secretary & Compliance Officer ICSI M. No.: A22603

Encl: as above

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PNC INFRATECH LIMITED

PNC Infratech receives Letter of Acceptance for Package 4 of Nagpur-Mumbai Super Communication Expressway

New Delhi, August 30, 2018: PNC Infratech Limited informs receipt of Letter of Acceptance (LOA) from Maharashtra State Road Development Corporation Ltd. (MSRDC) for the 54.4 km long 4[th] Package of Nagpur-Mumbai Six Lane Super Communication Expressway (Maharashtra Samruddhi Mahamarg) from Km. 162.667 to Km. 217.023, on EPC basis for a negotiated contract quoted price of Rs. 1999.52 crore on 30 August 2018. Construction of the project is to be completed in 30 months from the appointed date.

The price bids for the above package were opened on May 31, 2018, with the company's bids being the lowest (L1).