GATEWAY DISTRIPARKS LTD’S VALLARPADAM CFS COMMENCES FULL-SCALE CFS OPERATIONS

Kochi, 12th February 2013: Gateway Distriparks (Kerala) Limited (GDKL) has

commenced full-scale CFS operations at Kochi on 12th February 2013. GDKL is a
subsidiary of Gateway Distriparks Ltd (GDL). The company, which had started partial
operations in May 2012, is now well positioned to tap the robust trade opportunity
at the International Container Transshipment Terminal (ICTT). The Vallarpadam
Container Terminal and GDKL’s Container Freight Station (CFS) will help promote
EXIM trade in the region. ICTT, operated by DP World, has the potential to be one of
the largest container terminals in India and is expected to make a significant change
in the way maritime trade is conducted in the country.

GDKL’s CFS, located opposite to ICTT, is spread across 6.5 acres. The CFS has
warehousing facilities measuring 10,000 sq ft and storage facilities for handling
around 4,000 TEUs per month. The CFS will continue to provide a separate area for
Customs Authorities to inspect cargo on wheels. These combined facilities, along
with the CFS’s proximity to ICTT, will primarily help in lowering transaction costs for
importers and exporters and strengthen the trade.

GDKL, incorporated in 2006, is a joint venture between GDL (60%) and Chakiat
Group (40%). GDL is one of the largest players in the container logistics industry
with CFSs at Mumbai, Chennai, Vizag & now Kochi and rail-linked ICDs (Inland
Container Depots) near Gurgaon (NCR) & Ludhiana. Chakiat is a well-established
business group engaged in shipping and related activities since 1952. Chakiat is
also a shareholder in India Gateway Terminal (IGT) which operates the Vallarpadam
International Transshipment Terminal.

About Gateway Distriparks Limited : GDL is a container logistics company with pan-
India presence providing Container Freight Station (CFS) and Inland Container
Depot (ICD) services. GDL operates two large CFSs at JNP and CFSs at Chennai,
Vizag & Kochi. GDL operates cold chain logistics business through its subsidiary,
Snowman Logistics Limited (SLL), a JV with Mitsubishi Group and through another
subsidiary. Gateway Rail Freight Limited (GRFL) operates own container trains and
Rail-ICDs near Gurgaon and Ludhiana.

The CFS was inaugurated by Padmashree Gopinath Pillai (Chairman, Gateway
Distriparks Limited) in the august presence of Mr.Paul Antony- Chairman Cochin
Port Trust, Dr. K.N.Raghavan - Commissioner of Customs, Mr.M.P.Pinto - Former
Secretary Shipping, Govt. of India and Chairman of Gateway Distriparks (Kerala)
Limited, Mr.Prem Kishan Gupta (Director, GDKL), Mr.K.K.Krishnadas (Director/ CEO
IGTL), Mr.P.Narayanan (Director, GDKL).