Deutsche Bank Appointed as Depositary Bank for the NASDAQ-Listed Level III American Depositary Receipt Program of Videocon d2h Limited

Deutsche Bank today announced its appointment as depositary bank for the sponsored Level III NASDAQ-listed American Depositary Receipt program of Videocon d2h Limited (Videocon d2h).

Videocon d2h is the direct-to-home (DTH) television arm of the Videocon group. Videocon d2h offers over 500 channels and services, including 29 high definition channels and 41 audio and video channels. Videocon d2h commenced DTH operations in July 2009 and has since grown to a gross subscriber base of 11.82 million and a market share of 16.5% in the DTH market in India as of September 2014. Videocon d2h provides its services throughout India and is headquartered in Mumbai.*

Shrinath Bolloju, Asia Pacific Head of Institutional Cash & Securities Services at Deutsche Bank, said: “We are pleased to have been selected as depositary bank for Videocon d2h's NASDAQ-listed ADR program. We are committed to providing our clients with the highest quality ADR services for their newly launched programs.”

Deutsche Bank’s Depositary Receipts team is part of the Issuer Services business within the Bank’s Institutional Cash & Securities Services unit.

In addition to specializing in administering cross-border equity structures such as American and global depositary receipts and global registered shares, Issuer Services provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

*Source: Videocon d2h Limited (March 2015)

Deutsche Bank is a leading client-centric global universal bank serving 28 million clients worldwide. Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© March 2015 Deutsche Bank AG. All rights reserved.