PRESTIGE ESTATES PROJECTS LTD : CORPORATE GUARANTEE ISSUED FOR SUBSIDIARY LOAN WORTH RS 450 CR

• Company is issuing corporate guarantee towards loan availed by Prestige Projects Private Limited, subsidiary. • The corporate guarantee has been provided on an arm's length basis. • The guarantee is to secure loan availed by Prestige Projects Private Limited from Bajaj Housing Finance Limited. • The loan facility is up to INR. 450 Crores. • The guarantee is a contingent liability and has no impact on the company at this point. Impact: Neutral (Contingent liability with no immediate impact on the company)

Prestige Estates Projects Limited

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