SKS Microfinance appoints Mr. Dilli Raj as Chief Financial Officer

• 533 center leaders attend the meeting
• Center leaders of 5 branches - Sangareddy, Shankarampet, Jogipet, Narayankhed and Tandur participate

Hyderabad - March, 4th, 2008

Hyderabad based SKS Microfinance Pvt. Ltd., the new generation microfinance company, today announced the appointment of Mr. Dilli Raj as Chief Financial Officer.

Mr. Raj brings in 17 years of treasury (fund raising), leasing, corporate credit, taxation, business process reengineering & corporate governance experience. He is an acknowledged leader in its ability and expertise in corporate tax planning. He consummated joint venture deals with global giants like Equifax, Guinness Flight and Metlife.

Prior to this assignment Mr. Dilli Raj was the Chief Financial Officer and Senior Vice President of First Leasing Company of India Limited. Mr. Raj has also served as the CEO of the subsidiary – Resource Higher Purchase Credit Limited.

“We are very excited about Dilli Raj joining as CFO and Senior Vice President”, said M R Rao, COO of SKS Microfiance. Dilli Raj brings an outstanding track of corporate tax planning and a variety of industry verticals. His combination of services and finance industry experience aligns very well with SKS Microfiance’s objective and will make a significant contribution in further enhancing SKS Microfinance’s growth momentum.