Company Press Release:
 
Bharti Enterprises Appoints Senior Talent

New Delhi, July 19, 2007: Bharti Enterprises, one of India’s leading business groups, today announced the appointment of
Inder Walia as Group Director, Human Resources - Bharti Enterprises, effective 6th August 2007. Inder’s responsibilities will primarily encompass Human Resources and Integration for Bharti Group. In due course, he is expected to take additional responsibilities within the Group. Given the significance of this role, Inder will also be a member of the Bharti Management Board (BMB).

Welcoming Inder’s appointment, Mr Sunil Bharti Mittal, Chairman and Group CEO, Bharti Enterprises said “I extend a warm welcome to Inder into the Bharti ecosystem and look forward to leveraging his global experience in development and execution of Bharti’s growth plans. I am confident that Inder will be an effective team member making significant contribution to realize the Bharti vision.’’

Inder has been the Executive Vice President of Human Resources at ArcelorMittal and a member of the Group Management Committee. He played a significant role in due diligence and successful integration of all acquisitions done by Mittal Steel over the past 8 years in Americas, Western & Eastern Europe, Africa and Central & South Asia. His biggest challenge and achievement in large scale integration came with the high profile Arcelor and Mittal Steel merger in 2006. Inder has effectively implemented business strategies with special emphasis on Business HR practices across diverse cultures globally.


About Bharti Enterprises
Bharti Enterprises is one of India’s leading business groups with interests in telecom, agri business, insurance and retail. Bharti has been a pioneering force in the telecom sector with many firsts and innovations to its credit. Bharti Airtel Limited, a group company, is one of India’s leading private sector providers of telecommunications services with an aggregate of 44.67 million customers as of end of June 2007 spanning mobile, fixed line, broadband and enterprise services. Bharti Airtel was recently ranked amongst the best performing companies in the world in the BusinessWeek IT 100 list 2007. Bharti Teletech is the country’s largest manufacturer and exporter of telephone terminals. Bharti has a joint venture with ELRo Holdings India Ltd. - ‘FieldFresh Foods Pvt. Ltd’ - for global distribution of fresh fruits and vegetables. Bharti also has a joint venture - ‘Bharti AXA Life Insurance Company Ltd.’ - with AXA, world leader in financial protection and wealth management. Bharti has recently forayed into the retail business under a company called Bharti Retail Pvt. Ltd. It also has an MoU with Wal-Mart for the cash & carry business.