• Sales growth below expectation
• Commodity price increases affect operating margins.

Bangalore, July 28, 2008 : Bosch Limited (formerly Motor Industries Co Ltd.); the flagship of the Bosch Group in India, has registered a sales growth of 13% for the quarter April-June, 2008, despite slowergrowth in sales of diesel vehicles.

The company generated net sales of Rs. 12,210 million in Q2 2008 April - June, registering a growth of 13% over Q2, 07. Other income increased to Rs. 1145 million in Q2, 08 as compared to Rs. 362 million in Q2, 07 mainly due to profit on sale of financial investments.

The increase in steel prices and other commodity prices affected input costs and operating profitability. Nevertheless, due to the increase in other income the Profit before Tax of the company was up 20% at Rs. 2,800 million in Q2, 08 compared to Rs. 2,333 million of Q2, 07. The Profit after Tax stood at Rs. 2197 million, compared to Rs. 1642 million of Q2, 07.

The company termed the operating results so far below expectations. The interest rates are expected to remain high and no significant
softening of commodity prices is foreseen. Against this background, the market situation is expected to remain extremely challenging for the remaining months of 2008.

About Bosch Group
The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal year 2007, some 272,000 associates generated sales of 46.1 billion euros. The Bosch Group comprises Robert Bosch GmbH and its roughly 300 subsidiary and regional companies in over 50 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spends more than three billion euros each year for research and development. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.”

About Bosch in India:
In India, Bosch is a leading supplier of technology and services in the areas of automotive and industrial technology, consumer goods and building technology. Additionally, Bosch also has in India, the largest development centre, outside Germany, for end to end engineering and technology solutions.

The Bosch Group operates in India through four companies, viz, Bosch Limited, Bosch Chassis Systems India Limited, Bosch Rexroth India Limited and Robert Bosch Engineering and Business Solutions Limited. Bosch Limited is the flagship company of Bosch Group in India and operates in Automotive Technology, Industrial Technology and Consumer goods & Building Technology business
sectors.

In India, Bosch set up its manufacturing operation in 1953, which has grown over the years to 11 manufacturing sites and 4 development centres employing some18000 associates and generating a consolidated revenue of over Rs. 5700 crores in 2007.

Additional information can be accessed at
www.boschindia.com and
www.bosch.com

Press Contacts:
Sanjay Chakravarty ; Phone : + 91 80 2299 2218
Rana Mathew ; Phone : + 91 80 2299 9780