Mahindra Two Wheelers registers 26% growth in November

Growth driven by scooter range which sports Mahindra’s new, advanced Z-
Series engine

Mumbai, December 03, 2012: Mahindra Two Wheelers Ltd (MTWL), a part of the US $ 15.9 billion
Mahindra Group, continued to build its presence in the two wheeler segment.

The company’s sales in November grew by 26% over last year. November 2012 sales were 10,082
units. Cumulative sales from April to November 2012 stood at 79,910 units.

Viren Popli, Executive Vice President – Strategy and Market Development, Mahindra Two
Wheelers said, “There is increasing customer preference for our new range of scooters – the
Mahindra Duro DZ and the Mahindra Rodeo RZ. Our scooters now come with Mahindra’s advanced
Z-Series engine that delivers both 125 cc power and great on-road mileage. These scooters continue
Mahindra’s legacy of providing powerful, reliable, stylish vehicles that are designed specifically for
Indian roads. Our customers are experiencing the benefits of Mahindra’s strong automobile expertise
and realise that behind each of our scooters is the trust and reassurance of Mahindra.”

The cumulative sales for the company have crossed a landmark figure of four lakh units.

Mahindra 2 Wheelers’ range of powerful 125cc scooters cater to distinct consumer segments. The
Mahindra Duro DZ is positioned as a `ROMBA SOLID’, family scooter. The new Mahindra Rodeo RZ
with its very innovative, contemporary features is sure to enthuse young, modern couples. The Flyte
is the Indian woman’s two-wheeler of choice.

About The Mahindra Group

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive
rural prosperity, enhance urban lifestyles and increase business efficiencies.

A USD 15.9 billion multinational group based in Mumbai, India, Mahindra employs more than
155,000 people in over 100 countries. Mahindra operates in the key industries that drive economic
growth, enjoying a leadership position in tractors, utility vehicles, information technology and
vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace,
components, consulting services, defence, energy, financial services, industrial equipment,
logistics, real estate, retail, steel and two wheeler industries.

In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful
listed companies in the world.

www.mahindra.com